June 16, 2014 (Regular Meeting) .Page 2087
<br />Odell 521,764
<br />Richfield - Misenheimer 7,540
<br />Rimer 117,718
<br />Total Estimated Expenditures From Tax Levy 3,022,145
<br />Section III.
<br />It is estimated that the following revenues
<br />will be available for the
<br />various fire districts for the fiscal year
<br />beginning July 1, 2014 and
<br />ending June 30, 2015:
<br />Fire Department
<br />Appropriation
<br />Allen
<br />$ 206,173
<br />Cold Water
<br />179,813
<br />Concord Rural
<br />11,945
<br />Flowe's Store
<br />196,983
<br />Georgeville
<br />204,411
<br />Gold Hill
<br />23,807
<br />Harrisburg Rural
<br />624,001
<br />Jackson Park (City of Concord)
<br />78,108
<br />Kannapolis Rural
<br />59,837
<br />Midland
<br />329,118
<br />Mt. Mitchell
<br />80,279
<br />Mt. Pleasant Rural
<br />305,642
<br />Northeast
<br />75,006
<br />Odell
<br />521,764
<br />Richfield- Misenheimer
<br />7,540
<br />Rimer
<br />117,718
<br />Total Estimated Revenues From Tax Levy
<br />$ 3,022,145
<br />Section IV.
<br />The following tax rates are hereby established for the fiscal year
<br />beginning July 1, 2014 and ending June 30, 2015 for the purpose of
<br />providing fire services within the various fire and service districts in
<br />Cabarrus County. The tax rates are based on estimated total valuation of
<br />properties as of January 1, 2014. The estimated combined collection rate
<br />is 96.67 percent (97.29% for real and personal and 89.19% for vehicles)
<br />and is based on the fiscal year ending 2013. In accordance with previous
<br />action by the Board of County Commissioners, the County collection fee is
<br />set at 1.5%. The taxes will be collected by the Cabarrus County Tax
<br />Collector, as provided in G.S. 69 -25.4:
<br />Section V.
<br />The County Manager and /er Finance Director, or designee is hereby
<br />authorized to transfer appropriations within or between funds, or
<br />modify revenue and expenditure projections as contained herein under
<br />the following conditions:
<br />1. The Finance Director may transfer amounts between objects of
<br />expenditure within a function.
<br />Amount
<br />Produced
<br />(96.67%
<br />collection
<br />Fire Districts
<br />Total Valuation
<br />Rate
<br />rate)
<br />Allen
<br />473,945,000
<br />0.0450
<br />$ 206,173
<br />Cold Water
<br />310,011,000
<br />0.0600
<br />179,813
<br />Concord Rural
<br />30,137,000
<br />0.0410
<br />11,945
<br />Flowe's Store
<br />442,974,000
<br />0.0460
<br />196,983
<br />Georgeville
<br />229,839,000
<br />0.0920
<br />204,411
<br />Gold Hill
<br />41,045,000
<br />0.0600
<br />23,807
<br />Harrisburg Rural
<br />578,920,000
<br />0.1115
<br />624,001
<br />Jackson Park
<br />139,308,000
<br />0.0580
<br />78,108
<br />Kannapolis Rural
<br />176,851,000
<br />0.0350
<br />59,837
<br />Midland
<br />531,961,000
<br />0.0640
<br />329,118
<br />Mt. Mitchell
<br />100,538,000
<br />0.0826
<br />80,279
<br />Mt. Pleasant Rural
<br />380,928,000
<br />0.0830
<br />305,642
<br />Northeast
<br />115,806,000
<br />0.0670
<br />75,006
<br />Odell
<br />930,582,000
<br />0.0580
<br />521,764
<br />Richfield- Misenheimer
<br />11,143,000
<br />0.0700
<br />7,540
<br />Rimer
<br />179,078,000
<br />0.0680
<br />117,718
<br />Total Estimated Budget from Tax Levy
<br />$4,4673,066,000
<br />1.041%
<br />$3,022,145
<br />Section V.
<br />The County Manager and /er Finance Director, or designee is hereby
<br />authorized to transfer appropriations within or between funds, or
<br />modify revenue and expenditure projections as contained herein under
<br />the following conditions:
<br />1. The Finance Director may transfer amounts between objects of
<br />expenditure within a function.
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