June 26, 2012 (Recessed Meeting)
<br />Mt. Pleasant Rural 230,433
<br />Northeast 74,843
<br />Odell 519,139
<br />Richfield - Misenheimer 8,083
<br />Rimer 116,967
<br />Total Estimated Expenditures From Tax Levy $ 2,826,313
<br />Section III.
<br />Page 1143
<br />It is estimated that the following revenues will be available for the
<br />various fire districts for the fiscal year beginning July 1, 2012 and
<br />ending June 30, 2013:
<br />Fire Department
<br />Allen
<br />Cold Water
<br />Concord Rural
<br />Flowe's Store
<br />Georgeville
<br />Gold Hill
<br />Harrisburg Rural
<br />Jackson Park (City of Concord)
<br />Kannapolis Rural
<br />Midland
<br />Mt. Mitchell
<br />Mt. Pleasant Rural
<br />Northeast
<br />Odell
<br />Richfield - Misenheimer
<br />Rimer
<br />Total Revenues From Tax Levy
<br />Revenues from Tax Le
<br />$ 210,897
<br />152,847
<br />9,238
<br />196,004
<br />205,271
<br />24,556
<br />639,870
<br />77,202
<br />60,519
<br />245,352
<br />55,092
<br />230,433
<br />74,843
<br />519,139
<br />8,083
<br />116,967
<br />$ 2,826,313
<br />Section IV.
<br />The following tax rates are hereby established for the fiscal year
<br />beginning July 1, 2012 and ending June 30, 2013 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, 2012. The estimated combined collection rate
<br />is 97.20 percent (97.71° for real and personal and 89.65% for vehicles)
<br />and is based on the fiscal year ending 2011. 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 /or 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 Budget Director may transfer amounts between objects of
<br />expenditure within a function.
<br />2. The County Manager may transfer amounts up to $100,000 between
<br />Amount Produced
<br />Total
<br />(97.20% collection
<br />Fire Districts
<br />Valuation
<br />Rate
<br />rate)
<br />Allen
<br />478,724,000
<br />0.045
<br />$ 210,897
<br />Cold Water
<br />315,062,000
<br />0.050
<br />152,847
<br />Concord Rural
<br />23,267,000
<br />0.041
<br />9,238
<br />Flowe's Store
<br />435,082,000
<br />0.046
<br />196,004
<br />Georgeville
<br />229,107,000
<br />0.092
<br />205,271
<br />Gold Hill
<br />42,105,000
<br />0.060
<br />24,556
<br />Harrisburg Rural
<br />590,406,000
<br />0.1115
<br />639,870
<br />Jackson Park
<br />137,801,000
<br />0.058
<br />77,202
<br />Kannapolis Rural
<br />177,686,000
<br />0.035
<br />60,519
<br />Midland
<br />392,261,000
<br />0.064
<br />245,352
<br />Mt. Mitchell
<br />99,813,000
<br />0.057
<br />55,092
<br />Mt. Pleasant Rural
<br />376,124,000
<br />0.063
<br />230,433
<br />Northeast
<br />114,949,000
<br />0.067
<br />74,843
<br />Odell
<br />927,994,000
<br />0.058
<br />519,139
<br />Richfield - Misenheimer
<br />11,909,000
<br />0.070
<br />8,083
<br />Rimer
<br />177,560,000
<br />0.068
<br />116,967
<br />Section V.
<br />The County Manager and /or 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 Budget Director may transfer amounts between objects of
<br />expenditure within a function.
<br />2. The County Manager may transfer amounts up to $100,000 between
<br />
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