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BC 1973 07 09
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BC 1973 07 09
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Last modified
4/8/2003 10:35:29 AM
Creation date
11/27/2017 12:31:31 PM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
7/9/1973
Board
Board of Commissioners
Meeting Type
Regular
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'~'SCHOOL FUND - Continued <br /> Estimated Revenue <br /> <br /> 1973 Ad Valorem Taxes - Property Valuation <br /> of $344~000,000 @ $.5154 1,772,976.00 <br /> Less: Estimated Discounts and Uncollected ..106~830.03 <br /> <br /> Net Lev]/ Current Year Taxes 1,666,145.97 <br /> <br /> 1¢ Sales Tax Levy 418,507.50 <br /> Other Income: <br /> <br /> N. C. Intangible Tax 97~760.76 <br /> Prior Year Ad Valorem Taxes 30,338.46 <br /> Fines & Forfeitures 120,000.00 <br /> Cash Surplus Budgeted 86,318.45 <br /> <br /> Total Estimated Revenue 2,419,071.14 <br /> <br /> Capital Outlay Appropriations <br /> <br /> Concord 104,950.00 <br /> Kannapolis 134,850.00 <br /> Cabarrus County 260,200.00 <br /> Consolidated Budget Items: <br /> Cabarrus County 40~905.00 <br /> <br /> Total Appropriations ~40~905.00 <br /> Estimated Revenue <br /> <br /> 1973 Ad Valorem Taxes - Property Valuation <br /> of $344,000,000 @ $.0126 43,344.00 <br /> Less: Estimated Discounts & Uncollected 2~439.00 <br /> <br /> Net Levy Current Year Taxes 40,905.00 <br /> Other Income: <br /> Federal Revenue Sharing Funds 500,000.00 <br /> Total Estimated Revenue 540,905.00 <br /> <br /> School Fund Debt Service Appropriation <br /> <br /> Bond maturities 460,000.00 <br /> Interest 229,230.00 <br /> Bank charges 400.00 <br /> <br /> Total Appropriations 689~630.00 <br /> Estimated Revenue <br /> <br /> 1973 Ad Valorem Taxes - Property Valuation <br /> of $344,000,000 @ $.1296 445,824.00 <br /> Less: Estimated Discounts and Uncollected 27~144.71 <br /> <br /> Total Lev~ Current Year Taxes 418,679.29 <br /> 1¢ Sales Tax Levy 142,372.50 <br /> Other Income <br /> <br /> N. C. Intangible Tax 43,578.21 <br /> Prior Year Ad Valorem Taxes -0- <br /> Cash Surplus Budgeted 85~000.00 <br /> <br /> Total Estimated Revenue 689t630.00 <br /> Total School Fund Budget 3,649,606.14 <br /> Total Budget Fiscal Year 1973/74 7,875,428.00 <br /> <br /> <br />
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