HomeMy WebLinkAboutC.054.93008_2126 (2)V :*«
Section 3. There is hereby levied a tax rate of $ .45 per One Hundred Dollars valuation of
property listed for taxes as of January 11 1992. 0lpr pe t va cubo tionr rate ad afore taxes
ax sYear
for
1992-93 Fiscal Year is estimated to be $4,721,052,619.
1992-93 is estimatedto be 95%.
Section 4. Schedule B taxes shall be levied in accordance with North Carolina Revenue Act.
Section5. All ABC - 5 cents Bottle Tax Revenues received from Code 347-01 of the 1992-93
General Fund Revenues are hereby designated to support the County's 1992-93 appropriation to Tri -
County Mental Health. All ABC - 5 cents Bottle Tax Revenues are further designated for alcoholic
rehabilitation programs within the Tri -County Mental Health budget 1992-93.
Section 6. Capital Outlay funds are appropriated to the three school units as follows:
RESTRICTED AD VALOREM TOTAL
SALES TAXES TAXES
Iredell-Statesville Schools
1,399,863 - 1,399,863
Iredell-Statesville Schools - Debt Serv. 423,650 1,200,000 1,623,650
Mooresville Graded School District 401,912 145,500 547,412
3,570,925
Capital Outlay Funds appropriatedby the Board of Commissioners are to be expended for the
following categories as contained in G.S. 115C -426(f):
(1) Acquisition of land
(2) Building acquisition and construction
(3) Acquisition or replacement of furnishings and equipment
(4) Acquisition of school buses
(5) Acquisition of activity buses
Approved Capital Expenditures for the two school units are as follows:
Iredell-Statesville Schools
North High School Elevator 100,000
South High School Elevator 100,000
HVAC - Harmony, Monticello, NB Mills, 1,199,863
Mt. Mourne, Celeste Henkel
1,399,863
Mooresville Graded Schools
Construction Projects
Roofing Repairs 160,000
HVAC Repairs 30,000
Lockers 20,000
Paving 40,000
Mobile Units 65,000
Debt Service 60,000
Construction Projects 92=412
Total Category 1 467,412
000
Furniture ------
Total 547,412
Deviation of more than 10% from approved Capital Expenditures will require prior approval from
the Iredell County Board of Commissioners.
Section 7. Appropriations to Mitchell Community College in the 1992-93 budget are provided as
follows:
Current Expense 905,794
Capital outlay - Regular 37,040
Capital Outlay - Mooresville Project 250=000
1,192,834
o the Couty
the FinSecton anceiOff8icer, ads the Clerk8toget theOBoardnce forsthelbe carrying out of their dutiCommissioners,
of this es,