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AG 1996 04 16
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AG 1996 04 16
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Last modified
3/25/2002 6:58:24 PM
Creation date
11/27/2017 11:55:29 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/16/1996
Board
Board of Commissioners
Meeting Type
Regular
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March 20, 1996 <br /> <br />Report No. 217-HH <br /> Cabarrus County <br /> North Carolina <br /> <br />Water and Sewer System <br /> The County recently completed construction of the Coddle Creek Reservoir and owns a <br />50% interest in another reservoir. The municipalities are responsible for water distribution and <br />wastewater collection. Sewage treatment is handled by the Cabarrus County Water and Sewer <br />Authority which operates a regional treatment plant and is constructing another smaller plant. <br />The County's utility operations are limited to supplying raw water. <br /> <br />ADMINISTRATION AND FINANCIAL RECORD <br /> <br />Tax R~e(Based on $100.00 assessedva~ion) <br />1992-93 $ .580 <br />1993-94 .580 <br />1994-95 .620 <br />1995-96 .565~ <br /> <br />* Real property was reappraised for 1995 taxation. <br /> <br />NOTE - Special rates of 3¢ to 7¢ are levied in seventeen fire districts. <br /> <br />Tax Collection Record (Fiscal year July 1st to June 30th) <br /> 1992-93 <br /> <br />Levy <br />Collected to 7-1-1995 <br />Uncollected <br />Percent delinquent <br />Collected in year levied <br />Percent collected in year levied <br />Uncollected 1991-92 and prior years <br /> <br /> 1993-94 1994-95 <br />$ 26,011,043 $ 27,558,081 $ 36,463,184 <br />25,764,933 27,245,069 35,642,503 <br />$ 246,110 $ 313,012 $ 820,681 <br />.95% 1.14% 2.25% <br />$ 25,166,888 $ 26,651,512 $ 35,642,503 <br />96.75% 96.71% 97.75% <br />$708,121 <br /> <br />LiquorRevenue <br /> Cabarrus County receives 25%ofthe net profit ~omliquor stores operated by the City of <br />Concord.- County revenue ~omthis source amounted to $44,000 in 1992-93; $48,000 in 1993-94 <br />and $63,000in 1994-95. <br /> <br />Special Intergovernmental Revenue <br /> Cabarms County receives certain sales tax revenues which became effective in 1983 and <br />1986 (1/2% each), respectively, and are substantially in excess of the locally generated and <br />retained 1% sales tax. These" excess" revenues amounted to $1,127,759 in 1992-93; $943,580 <br />in 1993-94 and $880,913 in 1994-95. <br /> <br /> <br />
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