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Section IV
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<br />The following tax rates are hereby established for the fiscal year beginning July 1, 2004 and ending June 30, 2005 for the
<br />purpose of prowding fire services within the various fire and service districts in Cabarms County. The tax rates are based
<br />on estimated total valuation of properties as of January 1, 2004. The estimated rate of collections is 97.37 percent and is
<br />based on the fiscal year ending 2003. In accordance with previous action by the Board of County Commissmners, the
<br />County collection fee is set at 1.5%. The taxes will be collected by the Cabarrus County Tax Collector, as provided an
<br />G S 69-25.4:
<br />
<br />Fire Districts Total Valuation Rate Amount Produced
<br /> (97.37% collection rate)
<br />Allen 377,493,172 .04 147,026
<br />Cold Water 259,103,577 .05 126,145
<br />Enochville 126,204,190 .04 49,154
<br />Flowe's Store 334,459,039 .04 130,265
<br />Georgeville 173,777,870 .06 101,525
<br />Gold Hill 32,792,065 .05 15,965
<br />Harrisburg 1,372,491,151 .0550 735,017
<br />Jackson Park 186,256,092 .045 81,611
<br />Midland 510,776,899 .05 248,672
<br />Mt. Mi.tchell 85,953,261 .05 41,846
<br />Odell 637,331,428 .03 186,171
<br />Rimer 138,705,512 .06 81,035
<br />Winecoff - Contracted to City of Kannapolis 24,576,519 .035 8,376
<br />Northeast 85,984,201 .07 58,606
<br />Mt. Pleasant Rural 299,640,709 .0450 131,292
<br />Richfield-Misenheimer 9,844,786 .07 6,710
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<br />Section V.
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<br />The County Manager is hereby authorized to transfer appropriations within a fund as contained heretn under the following
<br />conditions:
<br />
<br />1. He may transfer amounts between objects of expenditures and revenues within a department wathout
<br /> hmitation.
<br />
<br />2. He may transfer amounts up to $25,000 between departments of the same fund.
<br />
<br />3. He may not transfer any amounts between funds nor from any contingency appropriation wtthin any fund
<br /> wtthout action of the Board of Commissioners.
<br />
<br />He may enter into and execute change orders or amendments to constructaon contracts m amounts up to
<br />$25,000 when the appropriate annual budget or capital project ordinance contains sufficient appropriated but
<br />unencumbered funds.
<br />
<br />He may award and execute contracts which are not required to be bid or which G.S. 143-131 allows to be let
<br />on informal bids so long as the annual budget or appropriate capital project ordinance contains sufficient
<br />appropriated but unencumbered funds for such purposes.
<br />
<br />6. He may execute contracts with outside agencies to properly document budgeted appropriations to such
<br /> agencies where G.S. 15 A-248(b), 259, 449 and any similar statutes require such contracts.
<br />
<br />7. He may reject formal bids when deemed appropriate and in the best interest of Cabarrus County pursuant to
<br /> G.S. 143-129(a).
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