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Alleghany CFO reports $36.9M in county funds; manager outlines education grant talks and opioid-settlement update
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Summary
CFO April Hand reported total county funds of $36,873,617.32 and net financials of $796,907.34; County Manager Bill Shepherd described grant discussions with Appalachian State about repurposing county facilities for workforce training and the county attorney noted potential additional opioid-settlement funds but no confirmed local amount.
Alleghany County's finance director reported the county's cash and investment position and the county manager described outreach about a potential education grant; the county attorney updated the board on opioid-settlement activity.
April Hand (S6), the county CFO, said year-to-date revenues were $18,423,376.05 and year-to-date expenditures $17,626,468.71, representing 77% and 74% of the approved general fund budget respectively. Hand listed checking and savings balances and noted gains on North Carolina Capital Management Trust investments, bringing total reported county funds to $36,873,617.32 and a net financial position of $796,907.34.
County Manager Bill Shepherd (S9) described a joint meeting with Appalachian State University, the community college and the high school about a grant opportunity to upgrade local facilities (referred to repeatedly as the "Black Building" in discussion). Shepherd said the meeting was productive and described possible uses — culinary arts, cosmetology and classroom space — while noting structural and engineering constraints for any expansion. Commissioners and staff discussed rough grant-size figures mentioned in the conversation; one speaker recalled a regional total of about $10,000,000 split among several counties while others referred to $5,000,000 scale proposals. Shepherd stressed that the community college would need to make the primary case for using funds.
The county attorney (S11) gave an informational update on opioid litigation, saying discussions include additional defendants and that national settlement totals discussed in materials are "somewhere around 57,000,000," but he did not have an estimate of Alleghany County's potential share. He asked the board to treat the item as informational while settlements continue to be negotiated.
Other board actions at the meeting included approval of a line-item transfer of $20,150 to cover a workers' compensation audit adjustment and a $10,000 allocation from the 911 fund for PSAP capital purchases; both transfers were approved by voice vote (recorded as 5-0). The board also accepted Drew Edwards as a planning-board nominee for the town after clarifying residency/ETJ concerns.
