HomeMy WebLinkAboutC.054.93010_01561983 Local 1/2 Cent Sales Tax
4,860,000
1986 Local 112 Cent Sales Tax
4,825,000
ABC - 5 -Cent Bottle Tax
26,000
Facility Fees
208,000
Health Department Revenues
2,413,978
Social Services Revenues
9,770,992
Other Revenues
8,566,895
Fund Balance Appropriated
1,413,985
TOTAL REVENUE - GENERAL FUND $ 92,004,780
Section 3. There is hereby levied a tax rate of $ .47 per One Hundred Dollars Valuation of
property listed for taxes as of January 1, 2000. Total property valuation for ad valorem taxes for
2000-2001 Fiscal Year is estimated to be $9,758,717,805. The tax collection rate for Fiscal Year
2000-2001 is estimated to be 97%.
Section 4. Schedule B taxes shall be levied in accordance with the North Carolina Revenue
Act.
Section 5. All ABC - 5 cents Bottle Tax Revenues received from Code 347-01 of the 2000-
2001 General Fund Revenues are hereby designated to support the County's 2000-2001
appropriation designated for alcoholic rehabilitation programs.
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Section 6. Capital Outlay funds are appropriated to the two school units as follows:
Iredell- Mooresville
Statesville Graded School
i Schools District Total
jRestricted Sale Taxes 3,553,355 799,646 4,353,001
7'/iQ Ad Valorem Taxes 6,026,735 1,072,729 7,099,464
Public School Building
Capital Fund 8W700 174,255 1,040,955
TOTALS 10.446,790 2,046,630 12,493,420
Capital Outlay appropriated by the Board of Commissioners is to be expended for the
following categories as contained in G.S. I I5C-426(f):
(I) Acquisition of land
(2) Building acquisition and construction
(3) Acquisition or replacement of furnishings and equipment
i (4) Acquisition of school buses
(5) Acquisition of activity buses
Approved Capital Expenditures for the two school units are as follows
Iredell-Statesville Schools
Debt Service on G.O. Bonds
1,737,440
Debt Service on Certificates of Participation
3,132,585
Annual Renovations
100,000
Roofing
300,000
Boiler HVAC
681,000
Mobile Unit Set-up
126,000
Vehicles
350,000
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