June 18, 2007 (Regular Meeting) Page 406
<br />Mt. Pleasant Rural 173,925
<br />Northeast 55,838
<br />Odell 190,541
<br />Richfield-Misenheimer 6,688
<br />Rimer 89,399
<br />Total Estimated Expenditures From Tax $1,909,288
<br />Levy
<br />Section III.
<br />It is estimated that-the following revenues will be available for the '
<br />various fire and service districts for the fiscal year beginning July 1,
<br />2007 and ending June 30, 2008:
<br />Fire Department Revenues from Tax Levy
<br />Allen $ 183,190
<br />Cold Water 133,208
<br />Enochville 77,013
<br />Flowe's Store 196,387
<br />Georgeville 117,331
<br />Gold Hill 25,302
<br />Harrisburg Rural 499,782
<br />Jackson Park 75,037
<br />Kannapolis Rural 8,391
<br />Midland 138,936
<br />Mt. Mitchell 43,325
<br />Mt. Pleasant Rural 173,925
<br />Northeast 55,838
<br />Odell 190,541
<br />Richfield-Misenheimer 6,686
<br />Rimer 89,399
<br />Total Revenues From Tax Levy $1,909,288
<br />Section IV.
<br />The following tax rates are hereby established for_ the fiscal year
<br />beginning July 1, 2007 and ending June 30, 2006 for the purpose of '
<br />providing fire services within the various fire and service districts in
<br />Cabarrus County. The tax rates are based on estimated total valuation of
<br />properties as of January 1, 2007. The estimated combined collection rate
<br />is 97.87 percent (96.67 for real and personal and 89.978 for vehicles)
<br />and is based on the fiscal year ending 2006. In accordance with previous
<br />action by the Board of County Commissioners, the County collection fee is
<br />set at 1.58. The taxes will be collected by the Cabarrus County Tax
<br />Collector, as provided in G.S. 69-25.9:
<br /> Amount Produced
<br />Fire Districts Total Valuation Rate (97.87 collection rate)
<br />Allen 967,942,000 .09 $ 183,190
<br />Cold Water 272,215,000 .OS 133,206
<br />Enochville 131,199,000 .06 77,013
<br />Flowe's Store 373,933,000 .09 146,387
<br />Georgeville 199,806,000 .06 117,331
<br />Gold Hill 93,068,000 .06 25,302
<br />Harrisburg Rural 605,999,000 .075 994,782
<br />Jackson Park 153,391,000 .OS 75,037
<br />Kannapolis Rural 24,995,000 .035 8,391
<br />Midland 258,109,000 .055 138,936
<br />Mt. Mitchell 88,535,000 .05 43,325
<br />Mt. Pleasant Rural 323,109,000 .055 173,925
<br />Northeast 95,086,000 .06 55,838
<br />Odell 696,959,000 .03 190,591
<br />Richfield-Misenheimer 9,762,000 .07 6,688
<br />Rimer 152,232,000 .06 89,394 '
<br />Section V.
<br />The County Manager and/or Finance Director is hereby authorized to
<br />transfer appropriations within or between funds as contained herein
<br />under the following conditions:
<br />1. The Finance Director or designee may transfer amounts between
<br />objects of expenditure within a department.
<br />2.The County Manager may transfer amounts between objects of
<br />expenditures or revenues within a function without limitation.
<br />
|