HomeMy WebLinkAboutC.054.93011_1185Section 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. 115C -426(f):
(1) Acquisition of land
(2) Building acquisition and construction
(3) Acquisition or replacement of fiimishings and equipment
(4) Acquisition of school buses
(5) Acquisition of activity buses
Approi
r....e,.,,:.,â fâ rha twn school units are as follows:
Iredell-Statesville Schools
Mooresvdle
1,461,770
j
Iredell-Statesville
Graded School
439 380
Debt Service on 2002 Refundin Bond
Schools
District
Total
Debt Service on 2006 GO Bonds
2,858250
Debt Service on 2006 COPS
1,804,057
Restricted Sales Taxes
$ 4,460,437
$ 1,021,235 $
5,481,672
7'/:¢ Ad Valorem Tax
9,259,687
1,707,608
10,967,295
FY07 Additional Ad Valorem Tax
3,070,843
877,384
3,948,227
Mobile Unit Setu
120,000
Furniture, E u ment & Technology
979,000
Totals
$ 16,790,967
$ 3,606,227 $
20,397,194
Capital Outlay appropriated by the Board of Commissioners is 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 fiimishings and equipment
(4) Acquisition of school buses
(5) Acquisition of activity buses
Approi
r....e,.,,:.,â fâ rha twn school units are as follows:
Iredell-Statesville Schools
Debt Service on 1997 G.O. Bonds $
1,461,770
Debt Service on 2000 COPS
1,645,739
Debt Service on 2001 Installment Loan
439 380
Debt Service on 2002 Refundin Bond
1,167 348
Debt Service on 2003 COPS
2,077,982
Debt Service on 2006 GO Bonds
2,858250
Debt Service on 2006 COPS
1,804,057
Roofm
305,500
Annual Renovations
1,117,848
Pavin
247,500
Boiler / HVAC
296,000
Wastewater
279,000
Mobile Unit Purchase
921,000
Mobile Unit Setu
120,000
Furniture, E u ment & Technology
979,000
Vehicles & Buses
858,000
Project Reserve
212,593
Total - Iredell-Statesville Schools $
16,790,967