June 21, 2010 (Regular Meeting)
<br />Page 36
<br />Service Districts Tax Fund to provide for the
<br />operation of rural volunteer
<br />fire services for the fiscal year beginning
<br />July 1,
<br />2010 and ending June
<br />30, 2011:
<br />(96.75% collection
<br />Fire Department
<br />Appropriation
<br />Rate
<br />Allen
<br />$
<br />211,519
<br />Cold Water
<br />$ 211,519
<br />169,821
<br />Concord Rural
<br />.05
<br />9,264
<br />Flowe's Store
<br />27,266,000
<br />199,544
<br />Georgeville
<br />Flowe's Store
<br />162,339
<br />Gold Hill
<br />199,544
<br />27,887
<br />Harrisburg Rural
<br />.06
<br />565,802
<br />Jackson Park
<br />47,877,000
<br />78,625
<br />Kannapolis Rural
<br />Harrisburg Rural
<br />69,844
<br />Midland
<br />565,802
<br />191,008
<br />Mt. Mitchell
<br />.05
<br />56,817
<br />Mt. Pleasant Rural
<br />205,558,000
<br />231,155
<br />Northeast
<br />Midland
<br />65,609
<br />Odell
<br />191,008
<br />294,650
<br />Richfield - Misenheimer
<br />.05
<br />9,478
<br />Rimer
<br />432,924,000
<br />117,133
<br />Total Estimated Expenditures From Tax
<br />$
<br />2,460,495
<br />Levy
<br />Section III.
<br />It is estimated that the following revenues will be available for the
<br />various fire and service districts for the fiscal year beginning July 1,
<br />2010 and ending June 30, 2011:
<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
<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 />$
<br />211,519
<br />169,821
<br />9,264
<br />199,544
<br />162,339
<br />27,887
<br />565,802
<br />78, 625
<br />69,844
<br />191,008
<br />56, 817
<br />231,155
<br />65,609
<br />294,650
<br />9,478
<br />117,133
<br />$2,460,495
<br />Section IV.
<br />The following tax rates are hereby established for the fiscal year
<br />beginning July 1, 2010 and ending June 30, 2011 for the purpose of
<br />providing fire services within the various fire and service districts in
<br />Cabarrus County. The tax rates are based on estimated total valuation of
<br />properties as of January 1, 2010. The estimated combined collection rate
<br />is 96.75 percent (97.25% for real and personal and 89% for vehicles) and
<br />is based on the fiscal year ending 2009. In accordance with previous
<br />action by the Board of County Commissioners, the County collection fee is
<br />set at 1.5 %. The taxes will be collected by the Cabarrus County Tax
<br />Collector, as provided in G.S. 69 -25.4:
<br />Amount Produced
<br />(96.75% collection
<br />Fire Districts
<br />Total Valuation
<br />Rate
<br />rate)
<br />Allen
<br />544,703,000
<br />.04
<br />$ 211,519
<br />Cold Water
<br />349,858,000
<br />.05
<br />169,821
<br />Concord Rural
<br />27,266,000
<br />.035
<br />9,264
<br />Flowe's Store
<br />513,864,000
<br />.04
<br />199,544
<br />Georgeville
<br />278,703,000
<br />.06
<br />162,339
<br />Gold Hill
<br />47,877,000
<br />.06
<br />27,887
<br />Harrisburg Rural
<br />777,094,000
<br />.075
<br />565,802
<br />Jackson Park
<br />161,980,000
<br />.05
<br />78,625
<br />Kannapolis Rural
<br />205,558,000
<br />.035
<br />69,844
<br />Midland
<br />357,734,000
<br />.055
<br />191,008
<br />Mt. Mitchell
<br />117,051,000
<br />.05
<br />56,817
<br />Mt. Pleasant Rural
<br />432,924,000
<br />.055
<br />231,155
<br />
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