ALLEGHANY COUNTY BUDGET ORDINANCE

FISCAL
YEAR 2007-2008

BE
IT ORDAINED by the Board of Commissioners of Alleghany County, North Carolina,
meeting this the 26th day of June, 2007, that:

Section
I.  The following amounts are hereby
appropriated in the General Fund for the operation of the county government and
its activities for the fiscal year beginning July 1, 2007, and ending June 30, 2008,
in accordance with the chart of accounts heretofore established for this
county:

Governing
Bodies            $
71,297

Administration            123,498

Finance            151,480

Board
of Elections              93,460

Planning            58,270

Recreation
274,170

Tax
Administration            299,723

Mapping            43,626

Register
of Deeds            187,798

Public
Buildings            264,729

Sheriff’s
Department            645,573

Dispatch            213,675

Roaring
Gap Deputies            78,578

Animal
Control            47,126

Facility
Fees            4,500

Jail            807,233

Emergency
Management            53,066

Building
Inspector            145,144

Health
Department            12,500

EMS            740,667

Cooperative
Extension            120,331

Soil
& Water            106,481

Veteran’s
Administration
24,574

Transportation
Administration             90,916

Social
Services             1,056,113

Public
Assistance            1,189,141

Special
Adoption Assistance            18,000

In
Home Aide            18,000

Child
Development            772,290

Work
First            20,214

County
Insurance            950,443

Debt
Service             1,539,842

School
Current Expense            2,328,153

Transfer
to School Capital            568,269

Special
Appropriations            1,580,373

Contingency            25,000

-------------------

$  14,724,253

Section II.  It is
estimated that the following revenues will be available in the General Fund for
the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Current
Year's Property Tax & Penalties            $
7,288,604

Prior
Year's Property Tax            130,000

Local Option 1% & (3) 1/2% Sales Taxes            2,525,478

State
& Federal Aid - Social Services Adm.
2,028,752

Revenues
from State            440,280

Law
Enforcement/Court & Jail Revenues            695,842

County Fees
and Services Revenues            873,395

Rents-Interest
and Miscellaneous Revenues
237,505

Transfers
& Other Revenues            361,741

Fund
Balance Appr.           142,656

-------------------

$  14,724,253

Section III.  The
following amount is hereby appropriated in the Alleghany Economic Development
Fund for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Alleghany
Economic Development Fund             $  224,205

Contribution
to Fairgrounds            15,000

Magnolia
Incentives            7,441

Charleston Forge : BREMCO
Loan            30,000

Vet
Incentives            5,208

Joint
Regional Tourism            7,500

--------------

$  289,354

Section IV.  It is
estimated that the following revenues will be available in the Alleghany
Economic Development Fund for the fiscal year beginning July 1, 2007, and
ending June 30, 2008:

Appropriated
Fund Balance            $  253,354

Charleston Forge Rent
Income            30,000

Interest            6,000

-----------------

$
289,354

Section V.  The following
amount is hereby appropriated in the Alleghany County Scattered Site Grant Fund
for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Grant
Expenses            $
400,000

Section VI. It is estimated that the following revenues will be
available in the Alleghany County Scattered Site Grant Fund for the fiscal year
beginning July 1, 2007, and ending June 30, 2008:

Grant
Revenues            $
400,000

Section VII.  The
following amount is hereby appropriated in the Alleghany County Transportation
Enterprise Fund for the fiscal year beginning July 1, 2007, and ending June 30,
2008:

Personnel
Expenses            $
171,798

Operational
Expenses            68,427

Capital
Expenses            52,816

Transfers            16,174

------------------

$ 309,215

Section VIII. It is estimated that the following revenues will be
available in the Alleghany County Transportation Enterprise Fund for the fiscal
year beginning July 1, 2007, and ending June 30, 2008:

Grant
Revenues            $
115,335

Service
Revenues            193,880

-------------------

$ 309,215

Section IX.  The
following amount is hereby appropriated in the Alleghany County Fairgrounds
Fund for fiscal year beginning July 1, 2007, and ending June 30, 2008:

Operating
Expenses            $
23,994

Section X.  It is
estimated that the following revenues will be available in the Alleghany County
Fairgrounds Fund for the fiscal year beginning July 1, 2007, and ending June
30, 2008:

Advertisements
$ 1,000

Fees
3,600

Cleaning
Deposit            3,000

Rental
House            6,600

Fund
Balance Appropriation            9,794

---------------

$
23,994

Section XI.  The
following amount is hereby appropriated in the Alleghany County Special Revenue
Drug Fund for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Reserve
for Drug Related Expenses             $
2,260

Section XII.  It is
estimated that the following revenues will be available in the Alleghany County
Special Revenue Drug Fund for the fiscal year beginning July 1, 2007, and
ending June 30, 2008:

Reserve
for Drug Related Expenses Fund Balance             $
1,835

Misc. Income             225

Interest            200

---------------

$
2,260

Section XIII. - The following amounts are hereby
appropriated in the Alleghany County Register of Deeds Enhancement Fund for
fiscal year beginning July 1, 2007, and ending June 30, 2008:

Capital
Expenses            $  55,157

Section XIV. - It is estimated that the following
revenues will be available in the Alleghany County Register of Deeds
Enhancement Fund for the fiscal year beginning July 1, 2007, and ending June
30, 2008:

Transfer
from General Fund            $
23,171

Fund
Balance Appropriation             31,986

------------

$
55,157

Section XV.  The
following amount is hereby appropriated in the Alleghany County Library Fund
for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Book
Expenses            $  7,500

Annex
Expenses            350

Capital Building Expenses            18,732

---------------

$
26,582

Section XVI.  It is
estimated that the following revenues will be available in the Alleghany County
Library Fund for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Fund
Balance Appropriation            $
18,432

Library Building Rent            5,000

Miscellaneous
Revenues            3,150

---------------

$ 26,582

Section XVII.  The
following amount is hereby appropriated in the Revaluation Fund for the fiscal
year beginning July 1, 2007, and ending June 30, 2008:

Reserve
for Revaluation
$ 41,000

Section XVIII.  It is
estimated that the following revenues will be available in the Revaluation Fund
for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Contribution
from General Fund            $  40,000

Interest            1,000

--------------

$  41,000

Section XIX.  The
following amount is hereby appropriated in the School Capital Reserve Fund for
the fiscal year beginning July 1, 2007, and ending June 30, 2008:

School
Capital Projects Fund            $
576,269

Section XX.  It is
estimated that the following revenues will be available in the School Capital
Reserve Fund for the period beginning July 1, 2007, and ending June 30, 2008:

Contribution
from General Fund—Art. 40 & 42          $
568,269

Interest                                    8,000

--------------

$
576,269

Section XXI. The following amount is hereby appropriated in the
Alleghany County Transfer Facility Enterprise Fund for the fiscal year
beginning July 1, 2007, and ending June 30, 2008:

Transfer
Facility Functions            $
306,960

Disposal/Transportation
Expenses
416,000

-----------------

$
722,960

Section XXII.  It is
estimated that the following revenues will be available in the Alleghany County
Transfer Facility Enterprise Fund for the fiscal year beginning July 1, 2007,
and ending June 30, 2008:

Transfer
Facility Fees            $
351,368

Tipping
Fees            315,892

White Goods/Scrap Tires Revenues            45,700

Interest            10,000

---------------

$
722,960

Section XXIII.  The
following amount is hereby appropriated in the Alleghany County E-911 Fund for
fiscal year beginning July 1, 2007, and ending June 30, 2008:

Operating
Expenses            $
212,777

Capital
Expenses            89,000

----------------

$  301,777

Section XXIV.  It is
estimated that the following revenues will be available in the Alleghany County
E-911 Fund for the fiscal year beginning July 1, 2007, and ending June 30, 2008:

Fees-E911 Surcharge
$ 127,000

Fees-E911 Wireless Surcharge            100,000

Interest            15,000

Fund
Balance Appropriation            59,777

---------------

$
301,777

Section XXV.  There is
hereby levied a tax rate of $0.43 (forty-three cents) per $100 (One hundred
dollar) valuation of property listed for taxes as of January 1, 2007, for the
purpose of raising the revenues listed as "Current Year's Property Tax and
Penalties" in the General Fund in Section II of this Ordinance.

This
rate of tax is based on an estimated total valuation of property for the
purpose of taxation at $1,754,624,750 and an estimated tax collection rate of 96%.

Section XXVI.  Special Authorization - Budget Officer

A. The Budget Officer shall be authorized to reallocate departmental
appropriations among the various objects of expenditure, as he believes
necessary.

B. The Budget Officer shall be authorized to effect
interdepartmental transfers, in the same fund, not to exceed 10% of the
appropriated monies for the department whose allocation is reduced.  Notation of all such transfers shall be
made to the Board on the next succeeding Financial Report.

C. May authorize interfund
loans for a period of not more than 60 days.

D. Interfund transfers
established in the budget document may be accomplished without recourse to the
Board.

Section XXVII.  Restriction - Budget Officer

A.  The interfund
transfer of monies, except as noted in Section XXVI, paragraph C and D, shall
be accomplished by Board authorization only.

B.  The utilization of the General Fund
contingency appropriation shall be accomplished only with Board
authorization.

C.  No salary increases, beyond those set
forth in the budget document, may be made without Board approval.

Section
XXVIII.  Capital Project Funds

The
following Capital Project Funds are "work-in-progress" and will
continue until construction is completed:

A.
Administration Building Fund

B.
Courthouse Building Fund

C.
Sparta School
Addition Building Fund

Section
XXIX.  Utilization of Budget and
Budget Ordinance

This
Ordinance and the Budget Document shall be the basis of the financial plan for
Alleghany County Government during the 2007/2008 fiscal year.  The Budget Officer shall administer the
budget and he shall insure that operating officials are provided guidance and
sufficient details to implement their appropriate portion of the Budget.  The accounting section established
records that are in consonance with the Budget and this Ordinance and the
appropriate statutes of the State of North
Carolina.

Adopted
this the 26th day of June, 2007.