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6-6-16 Reg. Meeting
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6-6-16 Reg. Meeting
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6/27/2016 9:54:44 AM
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BK:00028 PG:0310 <br />Fire District Budget Ordinance, Fiscal Year 2016-17 <br />Lee County, North Carolina <br />June 6, 2016 <br />Page 4 <br />SECTION 17. There is hereby levied a tax at the rate of NINE AND SEVEN TENTHS <br />(9.7) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, <br />2016, located within the Carolina Trace Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $430,240,100 for purposes of <br />taxation and an estimated collection rate of 99.45%. <br />SECTION 18. There is hereby levied a tax at the rate of EIGHT AND SEVEN TENTHS <br />(8.7) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, <br />2016, located within the Northview Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $573,189,500 for purposes of <br />taxation and an estimated collection rate of 99.54%. <br />SECTION 19. There is hereby levied a tax at the rate of TEN AND ZERO TENTHS <br />(10.0) cents per one hundred dollars ($100) valuation of property listed for taxes as of January <br />1, 2016, located within the Cape Fear Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $346,413,200 for purposes of <br />taxation and an estimated collection rate of 98.18%. <br />SECTION 20. There is hereby levied a tax at the rate of FOURTEEN AND FIVE <br />TENTHS (14.5) cents per one hundred dollars ($100) valuation of property listed for taxes as of <br />January 1, 2016, located within the Northwest Pocket Fire District for the raising of revenue for <br />said district. <br />This rate is based on an estimated total valuation of $185,713,000 for purposes of <br />taxation and an estimated collection rate of 97.86%. <br />SECTION 21. There is hereby levied a tax at the rate of NINE AND SIX TENTHS (9.6) <br />cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, <br />2016, located within the Lemon Springs Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $338,246,600 for purposes of <br />taxation and an estimated collection rate of 97.01%. <br />SECTION 22. There is hereby levied a tax at the rate of EIGHT AND NINE TENTHS <br />(8.9) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, <br />2016, located within the Tramway Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $464,449,700 for purposes of <br />taxation and an estimated collection rate of 98.91 %. <br />
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