HomeMy WebLinkAboutC.054.93011_0762Local Option 1 -Cent Sales Tax
16,562,300
1983 Local Option %:¢ Sales Tax
5,037,260
1986 Local Option 1/20 Sales Tax
4,978,910
2002 Local Option''/:¢ Sales Tax
5,829,650
Interest on Investments
800,000
ABC 5¢ Bottle Tax
30,000
Cable TV Tax
435,000
Tax Collection Fees
443,805
Court Facility Fees
327,000
Register of Deeds Fees
2,722,200
Inspections & Planning Fees
3,238,200
Health Department Revenues
3,299,475
Social Services Revenues
12,410,215
Other Financing Sources
1,286,485
Other Revenues
4,586,825
Appropriated Fund Balance
2,617,350
Total Revenue -General Fund $ 6�
Section 3. There is hereby levied a tax rate of $ .435 per One Hundred Dollars
Valuation of property listed for taxes as of January 1, 2004. Total property valuation
for ad valorem tax purposes for the 2005-2006 fiscal year is estimated to be
$14,229,150,000. The tax collection rate for fiscal year 2005-2006 is estimated to be
96.17%.
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 2005-2006 General Fund Revenues are hereby designated to support the County's
2005-2006 appropriation to Crossroads Behavioral Healthcare designated for alcoholic
rehabilitation programs.
Section 6. Capital Outlay funds are appropriated to the two school units as
follows:
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):
(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
Debt Service on G.O. Bonds $ 1,508,120
Debt Service on 2000 COPs 3,310,354
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Mooresville
Iredell-Statesville
Graded School
Schools
District
Total
Restricted Sales Taxes $ 3,668,996
$ 829,528
$ 4,498,524
7'/z¢ Ad Valorem Tax 8,612,817
1,650,311
10,263,128
Totals $12,281,813
$2 47 83
$ 4 1 52
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):
(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
Debt Service on G.O. Bonds $ 1,508,120
Debt Service on 2000 COPs 3,310,354
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