HomeMy WebLinkAboutC.054.93008_1086Interest on Investments $ 22,208
Federal Government Grant 143,096
Fund Balance Appropriated 184,696
Total $ 350,000
Section 7. There is hereby levied a tax rate of $ .41 per One Hundred Dollars
valuation of property listed for taxes as of January 1, 1986. Total property valuation
for ad valorem taxes for the 1986-87 fiscal year is estimated to be $2,846,060,721. The
tax collection rate for fiscal year 1986-87 is estimated to be 96.0%.
Section 8. Schedule B taxes shall be levied in accordance with the North Carolina
Revenue Act.
Section 9. All ABC - 5 cents Bottle Tax revenues received from Code 347-01 of the
1986-87 General Fund revenues are hereby designated to support the county's 1986-87 appro-
priations 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 for 1986-87.
Section 10. Capital Outlay Funds are appropriated to the three school units within
the county as follows:
Iredell County Schools $ 1,012,796
Statesville City Schools 313,693
Mooresville Graded School District 205,961
Capital Outlay funds appropriated by the board of commissioners are to be expended
for the following categories as contained in G.S. 115-100.6(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
Section 11. All funds appropriated for school capital outlay in the 1986-87 budget
are from 1/2 cent sales tax revenues.
Section 12. Copies of this Budget Ordinance shall be furnished to the county commis-
sioners, the finance officer, and the clerk to the board for the carrying out of their
duties.
Section 13. The budget officer is hereby authorized to transfer appropriations
within a fund as contained herein under the following conditions:
(a) The budget officer may transfer amounts between object of
expenditures within a department except that no transfer
shall be made into or out of salaries without approval by
the board of county commissioners.
X, (b) The budget officer may transfer amounts up to $1,000 between
departments of the same fund with an official report on such
transfer at the next regular meeting of the board of commissioners.
(c) The budget officer may not transfer amounts between funds nor Cw � �0
from the Contingency Appropriation without prior board action.J`h
9
Section 18. The Board of County Commissioners does hereby agree to contract with the
Shepherds, Mt. Mourne, and East Alexander Volunteer Fire Departments to furnish fire
protection to the Shepherds, Mt. Mourne, and East Alexander Fire Districts.
This ordinance being duly passed and adopted this the 28th day of July, 1986.
IREDELL COUNTY BOARD OOFF/COMMISSIONERS
unman
Clerk
VOTING: Ayes - 5; Nays - 0.
639