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BK:00028 PG -0311 <br />Fire District Budget Ordinance, Fiscal Year 2016-17 <br />Lee County, North Carolina <br />June 6, 2016 <br />Page 5 <br />SECTION 23. There is hereby levied a tax at the rate of TWELVE AND FIVE TENTHS <br />(12.5) cents per one hundred dollars ($100) valuation of property listed for taxes as of January <br />1, 2016, located within the Deep River Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $241,554,100 for purposes of <br />taxation and an estimated collection rate of 97.73%. <br />SECTION 24. There is hereby levied a tax at the rate of EIGHTEEN AND SEVEN <br />TENTHS (18.7) cents per one hundred dollars ($100) valuation of property listed for taxes as of <br />January 1, 2016, located within the Clearwater Fire Service District for the raising of revenue for <br />said district. <br />This rate is based on an estimated total valuation of $24,066,800 for purposes of <br />taxation and an estimated collection rate of 93.33%. <br />SECTION 25. Copies of the Budget Ordinance shall be furnished to the Budget Officer, <br />the Finance Officer, and the Tax Administrator for direction in carrying out their duties. <br />Commissioner Smith moved to approve the Budget Ordinance, and upon a vote, the <br />results were as follows: <br />Aye: Dalrymple, Frazier, Knecht, Oldham, Reives, Sloan, and Smith <br />Nay: None <br />The Chairman ruled the Budget Ordinance had been approved. <br />k <br />Amy M. Dalrymple, Chair <br />