HomeMy WebLinkAboutC.054.93009_1295 (2)464
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 of one and one-half (1 1/2) per
cent 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 $ .03 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 $ 03 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 953.
Property valuation for ad valorem taxes for the fire districts
for the 1996-97 fiscal year is estimated to be as follows:
Shepherds 348,370,922
Mt. Mourne 428,687,036
East Alexander 38,318,826
Iredell County Fire Serv. Dist. 2,994,819,865
Section 13. The following amounts are to be appropriated for
the four fire districts for fiscal year beginning July 1, 1996 and
ending June 30, 1997:
Shepherds 114,000
Mt. Mourne 120,000
East Alexander 17,270
Iredell County Fire Serv. Dist. 992,320
It is estimated that the following revenues will be available
for the four fire districts for the fiscal year beginning July 1,
1996 and ending June 30, 1997:
Shepherds
Current Ad Valorem Taxes
99,300
Delinquent Ad Valorem Taxes
2,200
Penalties & Interest
Soo
Elderly Exemption Reimbursement
187
Inventory Tax Reimbursements
6,730
Interest on Investments
1,000
Appropriated Fund Balance
Total Revenues
Mt. Mourne
Current Ad Valorem Taxes 112,820
Delinquent Ad Valorem Taxes 1,000
Penalties & Interest 800
Elderly Exemption Reimbursement 195
Inventory Tax Reimbursements 4,685
Interest on Investments 500
Total Revenues 120.000