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Cabarrus H. STATEMENTS OF COUNTY FINANCES .................................. COUNTY I, . ...................... .~..h..a..~.,....~,.___~_,i~],/~t ..................... duly appointed under Sections 13 and 14, Chapter 81, Public Laws, 1927, by the Cabarrus governing body of .................................................................... County, North Carolina, do hereby certify that the statements below relating to: (I) the amount of the county debt and assessed valuation of property, (II) tax levies and collections, debt service defaults, and sinking funds, (III) and the reduction in the county debt under the 1936 Constitutional Amendment, are prepared in .accordance with ,Chap- ter 81, Public Laws of 1927, Chapter 277, Public Laws of 1929, Chapter 248, Public Laws of 1935, and all other laws pertaining thereto, and are true and correct to the best of my knowledge and belief: I. COUNTY INDEBTEDNE88 For Bckool For Other Than Items Purposes Bchool Purposes Total (a) Assessed valuation of property of entire county as last fixed $ 57,585,499.00 for county taxation ................................................................................ $.._.x..._x__x....x__.x .... $__.x__x....x.._x_..x ....................................... (b) Outstanding debt (Bonds, Bond Anticipation Notes, Long-term Notes) .............................................................................................................................................................................. (c) Bonded debt to be incurred under orders either passed or in- $ 20,000.00 $ .............. .N.?._n__.e_ ........... $ 20,000.00 troduced (include this application) ......................................................................................................................... (d) The sum of items "b" and "c". ............................................................. $_...~.~__~._~_?...2.~_.;..0_..0. .... $......~.~..0..0..0..,...0..0... $ ............ ..8...8.~..~_.~.2..~__.....00 (e) Sinking funds, being money or investments thereof pledged and NoDe $ ............. .~"._o_..n_..e. ........... $ Hone held for payment of principal of debt outstanding ........................ $ .................................................................... .~, (f) Schools: School credits, being principal sums owing* to the county from school districts which are pledged to and when collected will be used in the retirement of outstanding school $ ...... .~.~..~../.o__8__~__...?..0. .... $ 53,~82,00 debt ............................................................................................................ · $....x....x___x____x___x ....................................... Other than schools: Moneys payable to the county by a rail- ' road or interurban railway company, under contract, as all or part of the cost of grade crossing elimination, if such moneys are pledged to and when collected will be used in the retire- l~one NoIle ment of outstanding debt for other than school purposes ............ $___x_x___x___x....x .... $ .................................... $ .................................... (g) Amount of unissued funding and refunding bonds included in l~oIle l{one None gross debt $ .................................... $ ................................... $ .................................... (h) Sums of "e", "~", and "g"_ ................................................................. $ .......... ~.?-.~--~-8-..2-.:-97.$-....i~..2.!--0-..0-.0--:-0-0--$._..~_?.?__~...8.2_'_..D_?. ...... (i) Net county debt, being the sum by which "d" exceeds item "h" $._.~..0...1..?_..2_.~....~..0.__ $ ....... ~:~ 2,000o 00 $.._8_~..?_?_.2..~?f_.0_.'?~ ...... (J) The percentage that the net debt bears to said assessed valu- 0,58 0.93 1.S1 ation ......................................................................................................................................... % .................................. % ................................. % (k) Floating: Revenue anticipation notes payable out of taxes $ l~one $ ........... N..9...n.._e. ............. $ None and other ~evenues of the current fiscal year ........................................................................................................ Revenue anticipation notes payable out of taxes and other rev- enues of other years, as follows: Fiscal year 19 ............ -19 .............................................................. $ .................................... $ .................................... $ .............................. Fiscal year 19 ....... ~_...-19 .............................................................. $ .................................... $ ................................... $ ............................. ~_..