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Section II. Cabarrus Arena and Events Center <br /> <br />DRAFT <br /> <br />A. It is estimated the following revenues will be available in the Cabarrus Arena and Events Center for the Fiscal <br /> Year beginning July 1, 2002 and ending June 30, 2003: <br /> <br />Sales and Service <br />Other Financing Sources <br />TOTAL REVENUES <br /> <br />1,264,640 <br />1,561,756 <br />2,826,396 <br /> <br />B. The following appropriations are made in the Cabarms Arena and Events Center for the Fiscal Year beginning <br /> July 1, 2002 and ending June 30, 2003: <br /> <br />Administration and Operations <br />TOTAL EXPENDITURES <br /> <br />2,826,396 <br />2,826,396 <br /> <br />Section III. Landfill Fund <br /> <br />A. It is estimated the following revenues will be available in the Landfill Fund for the Fiscal Year beginning July 1, <br /> 2002 and ending June 30, 2003: <br /> <br />Other Taxes 36,000 <br />Perm/ts & Fees 77,000 <br />Sales and Service 592,851 <br />Fund Balance Appropriated 95,572 <br />TOTAL REVENUES 801,423 <br /> <br />B. The following appropriations are made in the Landfill Fund for the Fiscal Year beginning July 1, 2002 and ending <br /> June 30, 2003: <br /> <br />Administration and Operations <br />TOTAL EXPENDITURES <br /> <br />801,423 <br />801,423 <br /> <br />Section IV. <br /> <br />There is hereby levied a tax at the rate of .56 cents per one hundred dollars valuation of property listed for taxes as of <br />January 1, 2002, for the purpose of raising the revenue listed as "CURRENT AD VALOREM TAX LEVY" in the <br />General Fund. <br /> <br />This rate of tax is based on an estimated total valuation of property for the purposes of taxation of$11,199,927,000 at <br />an estimated collection rate of 96.87 percent. The estimated rate of collections is based on the fiscal year ending <br />2000. An estimated total valuation of Real, Personal and Public Service property is $10,129,216,000 and vehicle of <br />$1,070,711,000. <br /> <br />Section V. <br /> <br />The following tax rates listed below are hereby levied for the fire districts: <br /> <br />Fire Districts Total Valuation <br /> <br />Allen 288,711,000 <br />Cold Water 208,43%000 <br />Enochville 98,435,000 <br />Flowe's Store 265,451,000 <br />Georgeville 122,563,000 <br />Gold Hill 25,707,000 <br />Harrisburg 1,034,238,000 <br />Jackson Park 127,314,000 <br />Midland 435,135,000 <br />Mt. Mitchell 65,342,000 <br /> <br />Rate <br /> <br /> .04 <br /> .05 <br /> .04 <br /> .04 <br /> .06 <br /> .05 <br />.0550 <br /> .045 <br /> .055 <br /> .06 <br /> <br />Amount Produced <br />(96.87%collectionrate) <br />111,870 <br />100,956 <br />38,142 <br />102,857 <br />71,236 <br />12,451 <br />551,026 <br />55,498 <br />231,833 <br />37,978 <br /> <br /> <br />