BC 1980 06 18 - Laserfiche WebLink

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423 B. The following amounts are hereby appropriated in the Capital Projects Fund for the following projects. Wastewater Treatment Plant $ 15,337.63 TOTAL EXPENDITURES $ 15,337.63 Section V. Revaluation Fund A. It is estimated that the following revenues will be available in the Revaluation Fund for the fiscal year beginning July 1, 1980, and~ending June 30, 1981. Interest Earned on Investments Contribution from General Fund Fund Balance Appropriated 25,000.00 50,000.00 280,000.00 TOTAL REVENUES $ 355,000.00 B. The following amounts are hereby appropriated to the Revaluation Fund to provide for an octennial reappraisal. Capital Reserve - Revaluation $ 355,000.00 TOTAL EXPENDITURES $ 355,000.00 Section VI. Debt Service Fund A. It is estimated that the following revenues will be available in the Debt Service Fund for the fiscal year beginning July 1, 1980, and ending June 30, 1981. Contribution from General Fund $ 1,484,982.50 TOTAL REVENUES $ 1,484,982.50 B. The following amounts are hereby appropriated in the Debt Service Fund for the payment of principal and interest on the outstanding debt of the County, and the expense relating thereto for the fiscal year beginning July 1~ 1980, and ending June 30, 1981. Bond Principal Bond Interest Bank Service Charges 760,000.00 722,982.50 2,000.00 TOTAL EXPENDITURES $ 1,484,982.50 Section VII. There is hereby levied a tax at the rate of $.74 cents per one hundred dollars valuation of property listed for taxes as of January 1, 1980, for the purpose of raising the revenue listed as "CURRENT YEAR PROPERTY TAXES" in the General Fund. This rate of tax is based on an estimated total valuation of property for the purposes of taxation of $1,090,000,000.00 and an estimated collection rate of 95%. The estimated rate of collections is based on the 1979/80 fiscal year collection rate. Section VIII. The following tax rates listed below are hereby levied for the fire and