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Current Information / Projections for Moore County. Presented by: Tim Lea Moore County Commissioner September 2011. Overview of Presentation. County Financial Information Update on Capital Projects Public Safety / Detention Center Government Administration Building Courts Facility

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Current information projections for moore county

Current Information / Projections for Moore County

Presented by:

Tim Lea

Moore County Commissioner

September 2011


Overview of presentation
Overview of Presentation

  • County Financial Information

  • Update on Capital Projects

    • Public Safety / Detention Center

    • Government Administration Building

    • Courts Facility

    • Moore County Public Schools

  • Update on Other Projects

    • Water Projects

    • Heart of North Carolina MegaSite


County financials
County Financials

  • Existing Debt Service

  • Capital Improvement Projects &

    Projected Costs

  • Revenues and Expenditures

  • Tax Collection Rate


Existing debt service annually
Existing Debt Service (Annually)

*In 2008-09, the County refinanced Moore County Schools debt that shows as a principal payment for auditing purposes.


General government debt on june 30 2007
General Government Debt on June 30, 2007



Total debt on june 30 2007
Total Debt on June 30, 2007

  • General Government $47,607,895

  • Utilities $ 7,906,306

  • Total $55,514,201



Existing utilities debt
Existing Utilities Debt

*Debt Issued Fiscal Year 2011-2012


Total existing debt
Total Existing Debt

  • On June 30, 2011

    • General Government $158,398,276

    • Utilities $ 33,155,582

    • Total $191,553,858

  • On August 1, 2011

    • General Government $158,398,276

    • Utilities* $ 63,986,769

    • Total $222,385,045

      *Includes WPCP Upgrade and EMWD Phase 3


Debt service balances
Debt Service Balances

*Debt Issued Fiscal Year 2011-12

**Debt to be issued at close of project



Debt balance comparison
Debt Balance Comparison

  • Total Debt

    • On June 30, 2007 $ 55,514,291

    • August, 2011 $222,385,045

    • Difference $166,870,754

    • $195 million of the County’s $222 million debt service obligations are attributed to the following projects:

    • GO Bonds for MCS and SCC in 2008 & 2009 ($95 Million Remaining)

    • Public Safety Complex/Detention Center ($41 Million Remaining)

    • Pinehurst Utility Projects ($13 Million Remaining)

    • East Moore Water District Phases 2 and 3 ($22 Million Remaining)

    • Water Pollution Control Plant Upgrade ($24 Million Remaining)



Capital reserve fund balances
Capital Reserve Fund Balances

  • Governmental Projects - $7,718,586

  • Debt Service - $4,448,783

    • Includes a $1,800,000 decrease to pay for debt service in FY 2011-12

  • Enterprise Funds - $4,560,524

    • Includes $1,616,478 increase budgeted in FY 2011-12




Total expenditures
Total Expenditures

Includes all expenses, including internal service funds, where the County was its own customer.

*Estimated

**Budgeted


Tax value and collection data
TAX VALUE AND COLLECTION DATA

YEAR

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

INITIAL VALUE

$4,883,710,385

$5,059,453,701

$5,306,291,819

$5,584,765,367

$7,621,293,650

$7,779,578,744

$8,180,884,836

$8,524,636,576

$11,188,555,482

$11,473,833,391

$11,668,028,506

$11,696,128,000

$11,852,093,247

RATE/$100

0.49

0.53

0.545

0.545

0.475

0.475

0.455

0.455

0.445

0.479

0.465

.465

.465

COUNTY GENERAL COLLECTED

$23,810,243

$26,997,890

$28,690,476

$30,225,195

$36,018,760

$36,892,447

$37,025,099

$38,442,260

$49,573,897

$54,564,249

$53,938,563

$54,236,496

$53,423,438 Projected for 6/30/12


Tax value and advanced life support als collection data
TAX VALUE AND ADVANCED LIFE SUPPORT (ALS) COLLECTION DATA

YEAR

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

INITIAL VALUE

$4,883,710,385

$5,059,453,701

$5,306,291,819

$5,584,765,367

$7,621,293,650

$7,779,578,744

$8,180,884,836

$8,524,636,576

$11,188,555,482

$11,421,020,996

$11,668,028,506

$11,696,128,000

$11,852,093,247

RATE/$100

0.05

0.05

0.05

0.05

0.04

0.04

0.04

0.04

0.03

0.025

0.02

0.02

0.02

ALS COLLECTED

$2,428,325

$2,555,974

$2,633,835

$2,768,613

$3,039,999

$3,103,273

$3,246,937

$3,376,115

$3,367,067

$2,867,348

$2,333,975

$2,202,481

$2,297,780 Projected 6/30/12


Tax value and fire collection data
TAX VALUE AND FIRE COLLECTION DATA

YEAR

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

INITIAL VALUE

$4,883,710,385

$5,059,453,701

$5,306,291,819

$5,584,765,367

$7,621,293,650

$7,779,578,744

$8,180,884,836

$8,524,636,576

$11,188,555,482

$11,421,020,996

$11,668,028,506

$11,690,128,000

$11,852,093,247

FIRE DISTRICT COLLECTED

$1,879,665

$1,960,374

$2,049,473

$2,204,028

$2,336,556

$2,363,852

$2,571,182

$2,736,384

$3,367,531

$3,467,176

$3,393,104

$2,865,223

$3,128,294 Projected 6/30/12


Fire district tax value and collection data
FIRE DISTRICT TAX VALUE AND COLLECTION DATA

DISTRICT

ABERDEEN

CARTHAGE

CRAINS CRK

CRESTLINE

CYPRESS POINTE

EAGLE SPRGS

EASTWOOD

HIGHFALLS

PINEBLUFF

PINEHURST

ROBBINS

7 LAKES

S. PINES

WEST END

WESTMOORE

WHISPERING PINES

INITIAL VALUE

$51,060,000

$352,500,000

$102,890,000

$88,930,000

$782,787,000

$213,030,000

$212,970,000

$151,550,000

$199,500,000

$175,000,000

$261,005,000

$657,900,000

$532,500,000

$424,300,000

$174,895,000

$126,623,000

RATE

.093

.067

.111

.085

.079

.078

.070

.066

.089

.084

.061

.040

.089

.059

.071

.058

PROJECTED COLLECTIONS

$46,774

$232,632

$112,495

$74,457

$609,126

$163,671

$146,843

$98,523

$174,892

$144,795

$156,825

$259,213

$466,816

$246,582

$122,313

$72,340

TOTAL: $3,128,294


Tax value and collection data1

YEAR

REAL VALUE

% INC

% INC

TOTAL VALUE

$4,509,241,865

$6,568,126,065

$5,584,765,367

$7,621,293,650

2002

2003

45.6%

36.4%

$8,524,636,576

$11,188,555,482

$7,320,824,701

$9,963,358,595

2006

2007

36.1%

31.2%

TAX VALUE AND COLLECTION DATA

IMPACT OF REVALUATION ON VALUES

ESTIMATED PROJECTIONS FOR 2011 - 2012

TOTAL VALUE

RATE

TOTAL REVENUE PROJECTION

$11,852,093,247

0.465/$100

$53,423,438



Moore county tax rate comparison
Moore County Tax Rate Comparison


Tax rate information
Tax Rate Information

  • Value of 1 penny on the tax rate is estimated to be $1,148,891

  • This is based on the value, collection rate, discount offered and taken, and interest for late payment

  • 79 of the 100 NC counties have a higher tax rate than Moore County


Tax rate comparison surrounding counties
Tax Rate Comparison Surrounding Counties


Tax rate comparison surrounding counties1
Tax Rate Comparison Surrounding Counties



Current public safety detention center
Current Public Safety / Detention Center

  • July 21, 2010 Bid Opening

    • $27,224,000 (D.H. Griffin Construction)

  • Limited Obligation Bond Financing

    • Principal - $29,830,000

    • Interest - $12,006,413

    • Total - $41,836,413

  • 147,000 Square Feet

    • Detention Center (192 beds)

    • E-911 Center

    • Public Safety/Fire Marshal

    • Sheriff’s Department


Government administration building
Government Administration Building

  • 5/17/10 – Board voted to not place this building on the Grimm property

  • 5/17/10 – Board voted to not bid the government building at this time

  • Latest Cost Estimate - $11,730,228

    • Includes $497,700 of design fees already paid

    • Does not include site work


Courts facility
Courts Facility

  • 3/15/10 - Received a comprehensive space needs assessment from Solutions for Local Government

    • Estimated Construction Cost: $21,886,200

      • 116,700 gross square feet and 150 parking spots


Other future major capital requests
Other Future Major Capital Requests

  • Moore County Schools

    • Modernization Projects $14,800,000

    • New High School - 35,000,000

    • New Middle School - 18,000,000

    • 2 New Elementary Schools – 26,000,000

    • Elementary Addition - 4,000,000

    • West End Elementary Sewer - 2,000,000

      Total $99,800,000

  • The preceding information is listed in the County’s future Capital Improvement Project (CIP) and is not approved or funded


Current water system capital improvement projects
Current Water System Capital Improvement Projects

  • Radio Read Meters 1,288,000

  • SCADA Upgrades 163,000

  • 2 New Wells in Pinehurst (3A, 6A) 370,700

  • East Moore Water District Phase 3 3,871,816

    __________________________________________________

    TOTAL $5,693,516


Current sewer system capital improvement projects
Current Sewer System Capital Improvement Projects

  • Old Town Sewer Rehab $5,450,000

  • 2 Lift Station Permanent Generators 185,000

  • ATEX Sewer Line and Lift Station 525,390

  • Vass (Little River Regional Lift Station) 2,274,898

    __________________________________________________TOTAL $8,435,288


Addor water pollution control plant expansion
Addor Water Pollution Control Plant Expansion

  • Adds an additional 3.3 million gallons per day (mgd) capacity for a total capacity of 10 mgd

  • Rehabilitates and modernizes the existing facility

  • Construction contract awarded July 19

  • Current Budget – $25,442,000

    • $4,560,524 available in Capital Reserves

    • $1.1 million in design costs already paid

    • $20 million planned loan at a 2.22% interest


Current purchase water capacities
Current Purchase Water Capacities

  • Southern Pines 1,000,000 GPD

  • Aberdeen 600,000 GPD

  • Chatham 300,000 GPD

  • Harnett 2,000,000 GPD

    • Current pipe capacity is1,120,000GPD

  • Robbins 100,000 GPD

    _____________

    Total Current Water Cap. 4,000,000 GPD


Additional water purchase contracts under consideration
Additional Water Purchase Contracts Under Consideration

  • Chatham County

  • Harnett County

  • Lee County

  • Montgomery County

  • Randolph County (Asheboro)

  • Robbins

  • Scotland County (Laurinburg)




Existing population average day water demand
Existing Population & Average Day Water Demand


Existing population average day water demand1
Existing Population & Average Day Water Demand


Maximum day water demand
Maximum Day Water Demand

Max day demand is approximately two times average day demand.



Heart of North Carolina MegaPark

A joint Project of Moore and Montgomery Counties


Heart of nc megapark vision
Heart of NC MegaParkVision

  • Long-term regional economic impact

  • Strategic central location

  • Large land tract

  • Landowners’ support

  • Joint collaboration between counties

  • Eco-friendly development

  • Quality of life amenities


Heart of nc megapark regional economic impact
Heart of NC MegaParkRegional Economic Impact

  • 60 Minute Drive Time

  • 2010 Population – 646,251

  • 2010 Civilian Labor Force – 317,875

    Source: Site to Do Business, www.stdbonline.com


Heart of nc megapark strategic central location
Heart of NC MegaParkStrategic Central Location

Easy access to East Coast markets

Geographic Center of North Carolina


Heart of nc megapark distances to selected cities

Winston-Salem

Greensboro

Raleigh

Charlotte

Pinehurst/Southern Pines

Fayetteville

Rockingham

Heart of NC MegaParkDistances to Selected Cities


Heart of nc megapark

Montgomery

Moore

US 220

NC 24/27

Heart of NC MegaPark


Montgomery

Moore

US 220

NC 24/27


Heart of nc megapark access

Highways (Truck Travel Time)

Greensboro = 50 min.

Port of Charleston = 4 hrs.

Raleigh = 90 min.

Port of Morehead City = 4 hrs.

Charlotte = 90 min.

Norfolk VA Port = 4 hrs. 50 min.

Fayetteville = 90 min.

Atlanta = 5 ½ hrs.

Port of Wilmington = 3 hrs.

Rail - Aberdeen Carolina and Western Railway

Connects to CSX and Norfolk Southern

Airports

Montgomery County Airport = 3 miles

Moore County Airport = 33 miles

Piedmont Triad International = 55 miles

Raleigh Durham International = 88 miles

Charlotte Douglas International = 80 miles

Heart of NC MegaParkAccess


Heart of nc megapark large land track
Heart of NC MegaParkLarge Land Track

  • Over 3,000 acres with some frontage on Interstate 73/74

  • Utilities:

    • Electricity - Progress Energy and Randolph EMC

    • Water - Montgomery County

    • Sewer - Town of Biscoe or on-site system

    • Natural Gas - access within a 20-25 mile radius

  • Other Amenities:

    • Fiber Optics - CenturyLink

    • HUBZone compliant

    • Air Quality- Attainment area


Heart of nc megapark incentives
Heart of NC MegaParkIncentives

  • Tier 1 = Maximum state incentives

    • Tier 1 status applies to entire site

    • $12,500 tax credit per new job

    • 7% tax credit for investment in personal property


Heart of nc megapark eco friendly development
Heart of NC MegaParkEco-Friendly Development

  • Green & sustainable

  • Protect wetlands & wildlife habitats

  • Preserve natural aesthetics

  • Restrictive covenants

  • Target industries supporting environmental sustainability


Heart of nc megapark quality of life amenities
Heart of NC MegaParkQuality of Life Amenities

  • Pinehurst/Southern Pines lifestyle

  • Uwharrie National Forest

  • Lake Tillery & Badin Lake

  • North Carolina Zoo

  • Healthcare

  • Community Colleges


Heart of nc megapark moore county s involvement
Heart of NC MegaParkMoore County’s Involvement

  • 8/16/10 – Board approved resolution of support for an industrial mega site project in collaboration with Montgomery County Economic Development Corporation and the Montgomery County Board of Commissioners

  • Major property owners providing seed money – no County dollars involved


Heart of nc megapark seed funding
Heart of NC MegaParkSeed Funding

  • Landowners:

    • Jordan Lumber Company $ 3,000

    • Bobby Myrick 3,000

    • Gus Shad 1,000

  • Progress Energy 5,000

  • Randolph Electric 7,500

  • NC Electric Membership Corp. 7,500

  • Moore County Partners in Progress 50,000

  • Montgomery County EDC 50,000

  • First Bank 150,000

  • Total Income as of 09/07/2011 $277,000


Heart of nc megapark joint county collaboration
Heart of NC MegaParkJoint County Collaboration

  • Resolution of Support

    • Moore County

    • Montgomery County

  • Board of Directors

    • Composed of members from both counties


Heart of nc megapark board members

Tim Lea – Chairman (Moore County Commissioner)

Jim Matheny – Vice Chair (Montgomery Co. Commissioner)

Lance Metzler – Secretary (Montgomery Co. Manager)

Cary McSwain – Treasurer (Moore Co. Manager)

Ray Ogden / Pat Corso – Co-Executive Director (Moore Co. Economic Developer)

Judy Stevens – Co-Executive Director (Montgomery Co. Economic Developer)

Bob Jordan – Principal Landowner (Jordan Lumber Co.)

Jay Carter, CEO – Dr. J.H. Carter III & Associates, Inc.

Chuck Frock, President/CEO - FirstHealth of the Carolinas

John May, Partner - Robbins May & Rich LLP

Rob Menzies, Pres. - Aberdeen Carolina & Western RR

Jerry Ocheltree, President/CEO - First Bank

Randy Brodd, Reg. Mgr. – Dixon Hughes Goodman LLP

Ginger Booker (Ex Officio), Interim Executive Director - Piedmont Triad Council of Governments

Kirby Bowers (Ex Officio), Executive Director - Triangle J Council of Governments

Heart of NC MegaParkBoard Members


Heart of nc megapark infrastructure subcommittee members

Jim Matheny – Subcommittee Chair

Tim Lea

Lance Metzler

Cary McSwain

Ray Ogden / Pat Corso

Judy Stevens

Water & Sewer

Brant Sikes – Montgomery County Public Works

Brooks Lockhart – Town of Biscoe

Fred Hobbs & Bill Lester – Hobbs Upchurch & Assoc.

Tim Lowder & Bob Froneberger – W.K. Dickson & Co.

Environmental

Jay Carter - Dr. J.H. Carter III & Associates

Power

David McNeill – Progress Energy

Natural Gas

Bob McCune – Piedmont Natural Gas

Roads

Travis Morgan – NC Department of Transportation

Rail

Russ Smitley – Aberdeen Carolina & Western Railway

Telecommunications

Ken Topper – CenturyLink

Heart of NC MegaParkInfrastructure Subcommittee Members


Heart of nc megapark other potential partners
Heart of NC MegaParkOther Potential Partners

  • Randolph County

    • Three County Project Potential

  • Asheboro

    • Water Provider

  • Grant Opportunities:

    • NC Rural Center Economic Innovations Grant

    • Golden Leaf Foundation

    • USDA Rural Economic Development Loan and Grant

    • Economic Development Administration

    • Community Development Block Grant


Heart of nc megapark funding initiatives
Heart of NC MegaParkFunding Initiatives

  • Landowners’ support

  • Randolph EMC / NC Electric Cooperatives

  • Progress Energy

  • Rural Center Economic Innovations Grant

  • Golden LEAF Foundation

  • USDA REDLG Programs

  • Rural Center Economic Infrastructure Grant

  • Economic Development Administration

  • NCDOC: Community Block Development Grant & Industrial Development Fund


Heart of nc megapark current status
Heart of NC MegaParkCurrent Status

  • Resolution of Support from both counties - Completed

  • Form Board of Directors - Completed

  • Establish new 501(c)(3) nonprofit corporation – Completed

  • Develop Letters of Intent with landowners – Underway

  • Execute Interlocal Agreement between counties – To do

  • Develop Master Plan for entire site - To do

    • Infrastructure Plan – Committee formed

  • Establish NC DOC Site Certification – Under consideration

  • Develop Marketing Strategy - To do


Robert timothy tim lea biography
Robert Timothy “Tim” LeaBiography

  • Resides in District IV

  • Represents all Moore County Residents

  • Elected: November 2004

  • Reelected: November 2008

  • Sworn in: December 2008 (second term)

  • Term Expiration: December 2012

  • Contact Information:


Robert timothy tim lea biography1
Robert Timothy “Tim” LeaBiography

  • Serving second term on the Moore County Board of Commissioners

    • Tim served as Chairman from December 2009 through November 2010

  • Native of Moore County, a product of the Moore County Schools, a graduate of Sandhills Community College and attended East Carolina University.

  • Founder, Chairman and CEO of Healthcare Systems Consulting, Inc. He has had a wide range of business experience and believes in managing by consensus building.

  • Served his country as a United States Marine and was honorably discharged.

  • He and his wife, Laine, have two children, a son Blake and daughter Brittany. They live on the farm where Tim grew up and raise Black Angus Cattle.

  • Members of the Culdee Presbyterian Church in Eastwood where he has served as President of the Men’s Club, Deacon, Chairman of the Pulpit Nominating Committee and Elder.


Robert timothy tim lea biography2
Robert Timothy “Tim” LeaBiography

  • Extensively involved in local community service projects and civic organizations since 1993 and has served in many leadership capacities including

    • Chairman of the Moore County Planning Board

    • Chairman of the County Land Use Plan Steering Committee

    • Chairman of the Moore County Schools Community Superintendent Search Committee

    • President of The Public Education Foundation of Moore County, Inc.

    • Co-chairman of the Moore County Schools Community Technology Committee

    • Vice Chairman of the Sandhills Community College Board of Trustees.

    • Member of the Sandhills Community College Foundation Board of Directors

    • Member of the North Carolina Association of Community College Trustees Executive Board

    • Member of the Moore County Board of Health

    • Member of the Moore County Chamber of Commerce


Robert timothy tim lea biography3
Robert Timothy “Tim” LeaBiography

  • In his capacity as County Commissioner, Tim Lea currently serves as:

    • Secretary/Treasurer of the Triangle J Council of Governments Board

    • Chairman of the Heart of North Carolina MegaPark Board.

    • Member of the Research Triangle Regional Partnership Board

    • Member of the Moore County Partners in Progress Executive Board

    • Member of Retired Seniors Volunteer Program (RSVP) and Aging Advisory Council.


Questions

QUESTIONS?

Thank you!


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