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BC 1971 08 02
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BC 1971 08 02
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Last modified
4/8/2003 10:35:26 AM
Creation date
11/27/2017 12:31:07 PM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
8/2/1971
Board
Board of Commissioners
Meeting Type
Regular
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SCHOOL FUND - Continued <br /> <br /> Estimated Revenue - Supplement <br /> <br /> 1971 ad valorem taxes - Property valuation <br /> of $311,500,000.00 @ .1097 $ 341,716.00 <br /> Less: Estimated discounts and uncollected 20~474.00 <br /> <br /> Net Levy Current Year Taxes $ 321,242.00 <br /> lZ Sales Tax Levy @ .099s 55,614.00 55,614.00 <br /> · Other Income ' <br /> Prior years ad valorem taxes 11~144.00 <br /> Total Estimated Revenue $ 388,000.00i/ <br /> School Fund Debt Service Appropriation. <br /> <br /> Bond maturities 435,000.00 <br /> Bond apnticipation note due 12/17/71 220,000.00 <br /> Interest 250,945.00 <br /> Bank charges 298.00 <br /> <br /> Total A~p~o~riations $ 906,243.00 <br /> Estimated Revenue <br /> <br /> 1971 ad valorem ~axes - Property valuation <br /> of $311,500,00~'00 @ .1657 ~516,156.00 <br /> Less.'~"Estimat~discou~ts' and uncollected 31~087~00 <br /> Ne~vyCurrent Year Taxes 485,069.~ ,0 <br /> 1% Sales Tax Levy@ .1650 91~948.00 91,948 )0 <br /> <br /> Other Income <br /> N. C. Intangible tax 91,7J~.00 <br /> Prior years ad valorem taxes 14,296.00 <br /> Proceeds from Bond Anticipation Note 220,000.00 <br /> Interest from investments 3~190.00' <br /> Total 329~22~.p0 <br /> Total Estimated Revenue $ 906,241.00 <br /> <br /> Tot~l School Fund Budget ,.<~,999,80~ .00 <br /> <br /> Total ~ud~et Fiscal Year 1971/72 $5,759,o~J ~C0 <br /> <br /> i <br /> <br />\ <br /> <br /> <br />
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