HomeMy WebLinkAboutC.054.93010_0158 (2)Section 11. The Board of County Commissioners hereby authorizes the Iredell County Tax
Collector to collect taxes for the City of Statesville, Town of Mooresville, Mooresville Graded
School District, Town of Harmony, Town of Love Valley, and Town of Troutman, in compliance
with contracts adopted by the respective two governing boards. A charge ofone and one-half(1 112)
percent of all taxes collected for the taxing districts will be payable to Iredell County for the
collection services.
Section 12. There is hereby levied a tax rate of $ .0425 per One Hundred Dollars ($100.00)
valuation of property within the Shepherds Fire District, a tax rate of $ .0275 per One Hundred
Dollars ($100.00) valuation of property within the Mt. Mourne Fire Tax District, a tax rate of
$ .0425 per One Hundred Dollars ($100.00) valuation of property within the East Alexander Fire
District, and a rate of $ .05 per One Hundred Dollars ($100.00) valuation of property within the
Iredell County Fire District. The estimated tax collection rate for the four fire districts is 96.6%.
Property valuation for ad valorem taxes for the fire districts for the 2000-2001 fiscal year is
estimated to be as follows:
Shepherds
$ 684,003,093
Mt. Mourne
644,675,395
East Alexander
59,549,368
Iredell County Fire Service District
4,627,142,237
Section 13. The following amounts are to be appropriated for the four fire districts for fiscal
year beginning July 1, 2000 and ending June 30, 2001.
Shepherds $ 304,820
Mt. Mourne 188,310
East Alexander 26,440
Iredell County Fire Service District 2,451,950
It is estimated that the following revenues will be available for the four fire districts for the
fiscal year beginning July 1, 2000 and ending June 30, 2001.
Shepherds
Current Ad Valorem Taxes $
280,820
Delinquent Ad Valorem Taxes
3,400
Penalties & Interest
1,000
Elderly Exemption Reimbursement
270
Inventory Tax Reimbursements
11,740
Interest on Investments
7,590
Total Revenues $
304,820
Mt. Mourne
Current Ad Valorem Taxes $
171,255
Delinquent Ad Valorem Taxes
2,000
Penalties & Interest
800
Elderly Exemption Reimbursement
270
Inventory Tax Reimbursements
8.885
Interest on Investments
5,100
Total Revenues $
188.310
East Alexander
Current Ad Valorem Taxes $
24,435
Delinquent Ad Valorem Taxes
600
Penalties & Interest
200
Elderly Exemption Reimbursement
120
Inventory Tax Reimbursement
985
Interest on Investments
100
Total Revenues $
26,440
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