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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 />