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HomeMy WebLinkAboutC.054.93008_0545 (2)W Mr. Mills said he would favor increasing, the capital funding level to the schools with the 40% of the anticipated revenues from the sales tax. Vester Boone, Chairman Statesville City Schools Mr. Boone said he believed the intent of the Legislation was to have 40% of this proposed revenue given the schools and felt that the county commissioners were legally bound to do so. Joe H. Troutman, Chairman Iredell County Board of Commissioners Mr. Troutman said he believed the additional levy is a fair tax. He had talked with several merchants who would need some time to change their computerized cash registers and suggested the implementation be delayed until the merchants would have ample time to have cash registers reprogrammed. Samuel L. Ostwalt County Commissioner Mr. Ostwalt stated he thought it was a fair tax and he was in favor of it. Frances L. Murdock, Vice Chairman Iredell County Board of Commissioners Mrs. Murdock said it would be helpful in financing school needs. 8:01 P.M. CHAIRMAN TROUTMAN CLOSED THE PUBLIC HEARING, ACTION ON 1/2 PER CENT SALES TAX LEVY: MOTION from Commissioner Ostwalt to ndont the resolution (follows) to levy the 1/2% sales tax, effective October 1, 1983: A RESOLUTION LE`TYING A ONE-HALF PER CENT (1/2"') SUPPLEMENTAL LOCAL GOVERN14ENT SALES AND USE TAX AND PRESCRIBING THE METHOD OF DISTRIBUTION OF THE PROCEEDS WITHIN IREDELL COUNTY. WHEREAS, a Public hearing was held on August 16, 1983, to consider the levy of a one'halF Per cent (1/2%) supplemental local vovernment sales and use tax, and interested citizens presented their views to the Board of County Commissioners; and WHEREAS, the Board of Commissioners of Iredell County is now of the opinion and does hereby find and declare that the levy of said sales tax within Iredell County is both desirable and necessary to adeauately finance the operation of the county and cities and towns herein; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Iredell as follows: Section 1. There is hereby imposed and levied with Iredell County the one- half ner cent (1/2S,) supplemental local government sales and use tax authorized by Patified Chanter 908 of the 1983 Session Laws, and codified as Article 40 of ' Chater 105 of the General Statutes of North Carolina, effective July 12, 1983. The tax hereby imposed and levied shall apnly to the same extent and be subject to the same limitations as are set forth in said Chapter 908. Section 2. Collection of the tax by the North Carolina Secretary of Revenue, and liability therefor, shall begin and continue on and after the first day of October, 1901. Section 3. The net proceeds of the tax levied herein shall be distributed by the Secretary of Revenue on a quarterly basis to Iredell County and to each municipality herein in accordance with the method by which the one per cent (1%) sales and use taxes levied in Iredell County Pursuant to Article 39 of reneral Statutes Chapter 105 are distributed. Section 4. This Resolution shall become effective upon its adoption and a certified copy hereof shall be forwarded to the North Carolina Secretary of Revenue. Adopted this _ 16th day of August 1983. IREDELL COUNTY BOARD OF COMMISSIONERS s/ Joe H. Troutman Joe H. Troutman, Chairman , VOTING: Ayes - 5; Nava - 0.