HomeMy WebLinkAboutC.054.93009_0963 (2)ABC - 5 -Cent Bottle Tax 21,800
Facility Fees 141,750
Health Department Revenues 2,745,117
Social Services Revenues 5,818,049
Other Revenues 5,074,600
Fund Balance Appropriated 1,787,590
TOTAL REVENUE - GENERAL FUND 58,359,685
Section 3. There is hereby levied a tax rate of $ .45 per One
Hundred Dollars Valuation of property listed for taxes as of
January 1, 1995. Total property valuation for ad valorem taxes for
1995-96 Fiscal Year is estimated to be $5,780,269,996. The tax
collection rate for Fiscal Year 1994-95 is estimated to be 96%.
Section 4. Schedule B taxes shall be levied in accordance
with North Carolina Revenue Act.
Section 5. All ABC - 5 cents Bottle Tax Revenues received
from Code 347-01 of the 1995-96 General Fund Revenues are hereby
designated to support the County's 1995-96 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.
Section 6. Capital Outlay funds are appropriated to the three
school units as follows:
Iredell- Mooresville
Statesville Graded School
Schools District Total
Restricted Sale Taxes 2,297,730 533,382 2,831,112
.03 Ad Valorem Taxes 1,463,338 201,377 1,664,715
Additional County Fds 507,250 117,750 625,000
Public School Building
Capital Fund 481,954 111,879 593,833
TOTAL 4,750,272 964,388 5,714,660
Capital Outlay appropriated by 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
S. Iredell Elementary School &
Renovations to Troutman middle 1,769,862
Debt Service on Cert.of Participation 1,480,410
Annual Renovations 103,176
Roofing 368,500
Paving 32,000
Painting 80,000
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JUN ? 0 1995 13"