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CABARRUS COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br /> <br />Meeting Date 4/24/96 <br /> <br />Agenda Item # <br /> <br />SUBJECT: Approval of Reduced Tax Collection Fee for the City of Kannapolis <br /> <br />On May 17, 1993, the Board of Commissioners established a 3~ percent collection fee for property <br />tax collections (not including vehicle property tax) for the City of Kannapolis. Based upon <br />increases in the Kannapolis tax base, the County has derived increasing revenues from this service <br />that exceed the cost of providing the service. <br /> <br />REQUESTED ACTION: Approve the reduction in the tax collection fee for the City of <br />Kannapolis from 3~ percent to 2~ percent. <br /> <br />Attachments X Yes No <br /> <br />Expected Length of Presentation <br /> <br />Has this been reviewed bythe Budget Director? Yes No x Not Required <br />lfyes, Budget Director's Recommendations/Comments: <br /> <br />Approved <br /> <br />Budget Amendment Necessary <br /> <br />If so, Attached.__ <br /> <br />Budget Director <br /> <br />Signature Date Department Head <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Ready for Clerk to Place on Agenda <br /> <br />Mar.'s Ini~ <br /> <br /> <br />