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~CHOO;~)~,- Continued <br /> ;timated Revenue <br /> <br /> 1971 ad valorem taxes - Property valuation <br /> of $311,500,000.00 @ .2632 $ 819,868.00 <br /> Less: Estimated discounts and uncollected 49~158.00 <br /> <br /> Net Levy Current Year Taxes $ 770,710.00 <br /> 1% Sales Tax Levy 119~365.00 119,365.00 <br /> Other Income <br /> <br /> N. C. Intangible tax 64,260.00 <br /> Fines and forfietures 104~i38.00 · <br /> Current year poll tax 15,000.00 <br /> Prior years poll tax 3,000.00 <br /> Prior years ad valorem taxes 18~378,00 <br /> <br /> Total .... 204~76200 <br /> Total Estimated Revenue $1,094,85i,00 <br /> <br /> Capital Outlay Appropriation <br /> <br /> Concord 106,956.00 <br /> Kannapolis 130,755.00 <br /> Cabarrus County 234,500.00 <br /> Consolidated budget items 3,500.00 <br /> Mt. Pleasant Elementary School 135~000.00 <br /> <br /> Total Appropriation 610, 11.00 <br />Estimated Revenue <br /> <br /> 1971 ad valorem taxe~ - Property valuation <br /> o~ $311,500,000.00 ~ .1684 <br /> ~ess: Estimated die, punts and uncollected 31~487.00 <br /> <br />  :ent <br /> Net Levy C Year Taxes 493,079.00 <br /> <br /> !~ Sales Tax Levy~ .1408 78~462.00 78,462.00 <br /> O.~b~r Income <br /> <br />.'~.'~N. C. Intangible Tax 29,940.00 <br /> Prior years ad valorem taxes 9~230.00 <br /> <br /> Total 39~170.00. <br /> Total Estimated Revenue $ 610,711.00 <br /> <br /> Supplement Appropriation <br /> <br /> Concord 95,000.00 <br /> Kannapolis 103,000.00 <br /> Cabarrus County 190;000.00 ' <br /> <br /> Total Appropr~atioq $ 388,000.00 <br /> <br /> <br />