Budget Ordinance - Fire Tax & Insurance Districts
<br />Section III.
<br />It is estimated that the following revenues will be available for the various fire districts for the fiscal year beginning
<br />July 1, 2014 and ending June 30, 2015:
<br />Fire Department
<br />Appropriation
<br />Allen
<br />$ 206,173
<br />Cold Water
<br />179,813
<br />Concord Rural
<br />11,945
<br />Flowe's Store
<br />196,983
<br />Georgeville
<br />204,411
<br />Gold Hill
<br />23,807
<br />Harrisburg Rural
<br />624,001
<br />Jackson Park (City of Concord)
<br />78,108
<br />Kannapolis Rural
<br />59,837
<br />Midland
<br />329,118
<br />Mt. Mitchell
<br />80,279
<br />Mt. Pleasant Rural
<br />359,037
<br />Northeast
<br />119,786
<br />Odell
<br />521,764
<br />Richfield - Misenheimer
<br />7,540
<br />Rimer
<br />117,718
<br />Total Estimated Revenues From Tax Levy
<br />$ 3,120,320
<br />Section IV.
<br />The following tax rates are hereby established for the fiscal year beginning July 1, 2014 and ending June 30, 2015
<br />for the purpose of providing fire services within the various fire and service districts in Cabarrus County. The tax
<br />rates are based on estimated total valuation of properties as of January 1, 2014. The estimated combined
<br />collection rate is 96.67 percent (97.29% for real and personal and 89.19% for vehicles) and is based on the fiscal
<br />year ending 2013. In accordance with previous action by the Board of County Commissioners, the County collection
<br />fee is set at 1.5 %. The taxes will be collected by the Cabarrus County Tax Collector, as provided in G.S. 69 -25.4:
<br />Attachment number 5
<br />G -5 Page 300
<br />Amount Produced
<br />Fire Districts
<br />Total Valuation
<br />Rate
<br />(96.67% collection rate)
<br />Allen
<br />473,945,000
<br />0.0450
<br />$ 206,173
<br />Cold Water
<br />310,011,000
<br />0.0600
<br />179,813
<br />Concord Rural
<br />30,137,000
<br />0.0410
<br />11,945
<br />Flowe's Store
<br />442,974,000
<br />0.0460
<br />196,983
<br />Georgeville
<br />229,839,000
<br />0.0920
<br />204,411
<br />Gold Hill
<br />41,045,000
<br />0.0600
<br />23,807
<br />Harrisburg Rural
<br />578,920,000
<br />0.1115
<br />624,001
<br />Jackson Park
<br />139,308,000
<br />0.0580
<br />78,108
<br />Kannapolis Rural
<br />176,851,000
<br />0.0350
<br />59,837
<br />Midland
<br />531,961,000
<br />0.0640
<br />329,118
<br />Mt. Mitchell
<br />100,538,000
<br />0.0826
<br />80,279
<br />Mt. Pleasant Rural
<br />380,928,000
<br />0.0975
<br />359,037
<br />Northeast
<br />115,806,000
<br />0.1070
<br />119,786
<br />Odell
<br />930,582,000
<br />0.0580
<br />521,764
<br />Richfield - Misenheimer
<br />11,143,000
<br />0.0700
<br />7,540
<br />Rimer
<br />179,078,000
<br />0.0680
<br />117,718
<br />Total Estimated Budget from Tax Levy
<br />$4,4673,066,000
<br />1.096%
<br />$3,120,320
<br />Attachment number 5
<br />G -5 Page 300
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