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8i5 <br /> <br /> Concord $ 103,916.00 <br /> ~:~-~ ~.Kannapolis 122,000.00 <br /> · County' 219,500.00 <br /> Other Capital Outlay 110,000.00 <br /> . Total Capital Outlay $ ~ 555,416.0.0 <br /> <br /> Estimated Revenue <br /> 1970 Ad Valorem Tax-Property .Valuation <br /> of $297,000,000.00 @ .1760 $ 522,720.00 <br /> Less Estimated Discounts & Uncollected 32~793.00 <br /> Ne.~.L~yy Current Year Taxes $ 489,927.00 <br /> <br /> Other Income <br /> Cash Surplus Budgeted $ 20,731.00 <br /> N. C. Intangible Tax 30,120.00 <br /> Prior Year Taxes 14~638.00 <br /> Total $ 65~489.00 <br /> <br /> Tqt. al Capit~l.. Outlay Estimated Revenue $ 555~416.00 <br /> <br /> Supplement <br /> Concord $ 95,000.00 <br /> Kannapolis 103,000. O0 <br /> county lSO, 000.0..0 <br /> Total Supplement $ 378~000.00 <br /> <br /> Estimated Revenue <br /> 1970 Ad Valorem Tax-Property Valuation <br /> of $29.7,000'000.00 @ .1247 $ 370,475.00 <br /> Less Estimate// Discounts & Uncollected 22~2.28.00 <br /> Net Lev), Current Year Taxes $ 348,247.00 <br /> <br /> Other Income <br /> Cash Surplus Budgeted $ 17,598.00 <br /> Prior Year Taxes ' ...... !2~155.00 <br /> Total $ 29~753.00' <br /> <br /> Total Suppl..ement Estimated Revepue $ 37.8~000.00 <br /> <br /> Debt Service <br /> Bond Maturities $ 435,000.00 <br /> Interest 264,180.00 <br /> Bank Commissions 298.00 <br /> Total Debt Service $ 699,478.00 <br /> <br /> Estimated Revenue <br /> 1970 Ad Valorem Tax-Property Valuation <br /> of $297,000,000.00 @ .2063 $ 612,746.00 <br /> Less Estimated Discounts & Uncollected .... 36~764.00 <br /> Net Levy Current Year T~xe__s $ 575,982.00 <br /> <br /> Oth~r Income <br /> Cash Surplus Budgeted $ 32,551.00 <br /> N. C. Intangible Tax 65,831.00 <br /> Prior Year Taxes 20,114.00 <br /> Interest Earned .... 5~000.00 <br /> Total $ .~.23,~6.0O <br /> <br /> Total Debt Service Estimated Revenue $ 609,478.0~0 <br /> Grand Total Schools Budge~ $ ~599,996.0~ <br /> Grand. Total All 1970-71 Budgets & Revenues $ 5~281~6~4.0~, , , , <br /> <br /> (12) <br /> <br /> <br />