BC 1972 07 10 (2) - Laserfiche WebLink

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CABARRUS COUNTY STATEMENT CONCERNING SCHOOL INDEBTEDNESS William R. Wade I, FTe~r-R~e~, County Accountant of Cabarrus County, North Car(~lina, do make and file the followin.~ statement of the financial condition of said County-concerning. school indebtedness, having been designated by the Board of Commissioners for that pur- pose. Said statement includes a statement of debt incurred and to be incurred for school purposes under orders either introduced or passed, whether evidenced by bonds, notes or otherwise, and whether incurred by original creation of the debt' or by assumption of debt, and including debt incurred by the County Board of Education, and debt to the State or any department thereof, but not including obligations incurred to meet appropriations in anticipation of revenues to an amount not exceeding the amount of the last preced- ing tax levy for school purposes: (a) The assessed valuation of Droperty as last fixed for county taxation ............. $~,QQQ,Q00.00 (b) Outstanding school debt ....... $~Q~QQQ,Qo (c) Bonded school debt to be in- curred under order introduced on July 10, 1972: School Building Bonds ...... $9,750,000 (d) The sum of items (b) and (c) .................. $.1.~.,.~1.0.,.0.00.00 (e) School sinking funds, being money or investments thereof pledged and held for the pay- ment of principal of out- standing school debt $ 0.00 (f) School credits, being princi- pal sums owing~to th~'County from school districts which are pledged to and when col- lected will be used in the retirement of outstanding school debt $ 0.00 (g) Amount of unissued fundin, and refunding school bonds included in gross debt ........ $ ....... 0...0.0. (h) The sum of items '(e) , (f) and (g) ............. $ .... .o..pp. MITCHELL, PETTY ~, BHETTr'RLY, $1)TH FLOOR, 30 BROAD 8TREI'T, NEW YORK, N. Y. 10004