On June 21, 2010 the Chatham County Commissioners told me there were not enough funds to honor the employee’s pay increases promised on the PFP Agreements for the FY2008/2009 work period. During the period in question property values increased from $7.4 billion to $8.6 billion. The property tax income increased $4.8 million and the commissioners increased many fees. The county’s fund balance, savings account, increased by $695,000 this last year even after having to make up budget cuts by the General Assembly. So there was enough revenue to meet the county’s obligations.