Laserfiche WebLink
Currently, 52 counties have general authority to use Installment Finance contracts, authorized by <br />G.S. 160A-20, to build schools. Two others have specific authority for certain projects. This <br />proposal would extend the general authority to all 100 counties. <br /> <br />5. Local Government Contracts <br />Support legislation to increase the bidding threshold for public contracts involving purchase <br />of apparatus, supplies, materials or equipment from the current $20,000. (Taxation and <br />Finance Steering Committee). <br /> <br />This figure was last increased, from $I0,000 to $20,000, in 1988. <br /> <br />6. Study Tax Equity <br />Support legislation to enable the General Assembly to study the proliferation of exemptions <br />and exclusions from the property tax base as well as the State's Use Value Taxation Program. <br />(Taxation and Finance Steering Committee). <br /> <br />7. Use of Credit Cards for Property Tax Payment <br />Seek legislation to allow counties to pass along credit card fees and surcharges to taxpayers <br />and other ratepayers who elect to pay property taxes and other fees and charges by credit <br />cards, as authorized by G.S. 105-357. <br /> <br />Because of current banking rules, fees and surcharges normally paid to banks and credit car <br />companies by merchants cannot be passed on to taxpayers who pay ta.xes by credit card. This <br />proposal would enable counties to pass on these charges and fees. <br /> <br />Revised 11/25/96 <br /> <br /> <br />