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Minutes - 6-16-14 Reg. Meeting
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Minutes - 6-16-14 Reg. Meeting
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BK:00026 PG-0680 <br />Budget Ordinance, Fiscal Year 2014 -15 <br />Lee County, North Carolina <br />June 16, 2014 <br />Page 7 <br />SECTION 18. There is hereby levied a tax of 72 cents per one hundred dollars <br />($100) valuation of property listed for taxes as of January 1, 2014 for the purpose of <br />raising the revenue listed as "Current Year Property Tax" in the General Fund in Section <br />2 of this ordinance. <br />This rate is based on an estimated total valuation of real property, <br />business personal property, and utilities for purpose of taxation of $4,533,611,800 and <br />an estimated collection rate of 98 %, and an estimated total valuation of vehicles for <br />purpose of taxation of $409,760,000 and an estimated collection rate of 87 %. <br />SECTION 19. The Budget Officer is hereby authorized to transfer appropriations <br />within a fund as contained herein under the following conditions: <br />(A) He may transfer amounts between objects of expenditures within a <br />department without limitation. <br />(B) He may transfer amounts up to $5,000.00 between departments of the <br />same fund. <br />(C) He may not transfer any amounts between funds or from any <br />Contingency appropriation within any fund. <br />SECTION 20. The County Manager and the Clerk to the Board are hereby <br />authorized to execute the necessary agreements within funds included in the Budget <br />Ordinance for the following purposes: <br />(A) Form grant agreements to public and non - profit organizations; <br />(B) Leases of normal and routine business equipment where the annual rental <br />of each is not more than $20,000; consultant, professional or maintenance service <br />agreements where the annual compensation is not more than $20,000; <br />(C) Purchase of apparatus, supplies, materials, or equipment where the <br />purchase price does not exceed $20,000; <br />(D) Agreements for acceptance of State, Federal, public, and non - profit <br />organization grant funds, and funds from other governmental units for services to be <br />rendered; <br />(E) Construction or repair work where the amount does not exceed $20,000; <br />(F) Liability, health, disability, casualty, property or other insurance or retention <br />and faithful performance bonds (other than for the Sheriff and Register of Deeds). <br />SECTION 21. The following schedules of fees and charges are incorporated as <br />part of this ordinance and are hereby adopted: <br />(A) Building Construction /Planning and Development Fee Schedules <br />(B) 2014 -2015 County of Lee Schedules of Fees & Charges <br />
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