Laserfiche WebLink
BK:00028 PG -.0319 <br />Budget Ordinance, Fiscal Year 2016-17 <br />Lee County, North Carolina <br />June 6, 2016 <br />Page 3 <br />SECTION 2. It is estimated that the following revenues will be available for use <br />by the County of Lee to fund the operations appropriated - Section 1 during the Fiscal <br />Year beginning July 1, 2016 and ending on June 30, 2017: <br />Ad Valorem Taxes <br />Current Year Tax Levy <br />$ 39,525,470 <br />Prior Years Taxes <br />714,950 <br />Local Option Sales Tax <br />12,812,993 <br />Other Taxes and Licenses <br />415,500 <br />Unrestricted Intergovernmental Revenues <br />806,995 <br />Restricted Intergovernmental Revenues <br />10,322,603 <br />Permits and Fees <br />253,625 <br />Sales and Services <br />2,647,198 <br />Investment Earnings <br />45,000 <br />Miscellaneous <br />339,946 <br />Transfers from Other Funds <br />315,488 <br />Fund Balance Appropriated <br />1,559,961 <br />TOTAL REVENUES $ 69,759,729 <br />SECTION 3. All funds received, which are committed to be spent by law or <br />contract, are ordered spent for those purposes. Additional funds appropriated for those <br />purposes are ordered to come from General County Revenues to the extent necessary. <br />The one-half cent sales taxes designated for School Capital Outlay are ordered to be <br />used to retire existing School Debt Service. <br />SECTION 4. The following amounts are hereby appropriated in the Room <br />Occupancy Tax Fund for the Fiscal Year beginning July 1, 2016 and ending June 30, <br />2017: <br />Central Carolina Community College <br />Civic Center — Current Expense $ 200,000 <br />SECTION 5. It is estimated that the following revenues will be available to the <br />Room Occupancy Tax Fund for the Fiscal Year beginning July 1, 2016 and ending on <br />June 30, 2017: <br />Room Occupancy Tax Revenue $ 200,000 <br />