HomeMy WebLinkAboutC.054.93009_0172 (2)Section 6. Capital Outlay funds are appropriated to the three
school units as follows:
AD VALOREM
SALES TAX TAXES TOTAL
Iredell-Statesville Schools 1,636,460 1,636,460
Iredell-Statesville Schools
Debt Service 327,920 1,274,243 1,602,163
Mooresville Graded School District 453,020 169,168 622,188
----------------- ----------
2,417,400 1,443,411 3,860,811
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
Annual Renovations
681,000
Roofing
137,000
Guttering
32,200
Paving
98,500
Fencing
56,500
Carpet/Floor Covering
46,000
Vehicles
50,200
Maintenance Equipment
35,000
Furniture/Equipment
363,600
Contingency
136,460
1,636,460
Mooresville Graded School
Roofing repairs 25,000
MVAC repairs and replacement 25,000
Elementary School renovations 230,188
Paving 30,000
Mobile classrooms 12,000
Landscaping 25,000
Playground improvement 25,000
Technology 180,000
Debt Service 70,000
622,188
Deviation of more than 10% from approved Capital Expenditures
will require prior approval from the Iredell County Board of
Commissioners.
Section 7. Appropriations to Mitchell Community College in
the 1993-94 budget are provided as follows:
Capital Expense 951,084
Capital Outlay - Regular 38,892
Capital Outlay - Mooresville Project 500,000
1,489,976
JUN 151993 155