The Moore American

Local News

April 23, 2013

Commissioners approve lease revenue bonds

MOORE — Last week, Cleveland County commissioners approved a resolution as trustees of the Cleveland County Educational Facilities Authority to issue lease revenue bonds. The bonds, not to exceed $75 million, will provide funds to Moore Public Schools for construction and remodeling related to the recent general obligation bond passed by Moore voters. The county action will allow the school’s GO bonds to be issued sequentially, keeping ad valorem taxes from taking a giant leap and allowing the improvements to be constructed immediately.

Cleveland County commissioners and other elected county officials have been working on the budget for the new fiscal year that begins July 1. The public hearing over the budget is scheduled for May 13.

Crossroads Youth Services Executive Director Lisa Winters spoke to the County Budget Board on Monday in an attempt to convince county officials to continue a $200,000 funding payment to the Emergency Youth Shelter.

Crossroads is a nonprofit that administers the shelter. The state provides a sizable percentage of funding for the shelter. Additionally, Crossroads raises money from private donors. On Monday, the budget board eliminated the item from the county budget this year.

Commissioner Rusty Sullivan said his concern is that the county will lose the shelter and children will not be served.

“It is going to be a gut-wrenching decision what to do about that (loss of funding),” Winters said.

Winters said many programs will be affected if Crossroads loses all county funding. She asked budget board members to sit down with her board and talk.

“We cannot easily replace $200,000,” she said. “This is the only shelter of this kind in Cleveland County. It’s a shelter that we can all be proud of.”

Commissioner Rod Cleveland has led the charge to remove county funding as a budget line item.

“I’ve never heard one negative thing about the shelter,” Cleveland said.

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