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HomeMy WebLinkAboutC.054.93009_0963ABC - 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 3 JUN ? 0 1995 13"