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2004 - 06-28-04 Recessed Reg. Meeting
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2004 - 06-28-04 Recessed Reg. Meeting
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Board of Commissioners
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0 box 19 PGGF o <br />Budget Ordinance, Fiscal Year 2004-05 <br />County of Lee, North Carolina <br />June 28, 2004 <br />Page 16 <br />SECTION 45. There is hereby levied a tax at the rate of EIGHT AND TWO <br />TENTHS (8.2) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January 1, 2004, located within the West Sanford Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of $66,965,098 for purposes of <br />taxation and an estimated collection rate of 97%. <br />SECTION 46. There is hereby levied a lax at the rate of SEVEN AND TWO <br />TENTHS (7.2) cents per one hundred dollars (SI00) valuation of properly listed for taxes <br />as of January 1, 2004, located within the Lemon Springs Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of $225,760,212 for purposes of <br />taxation and an estimated collection rate of 93%. <br />SECTION 47. There is hereby levied a tax at the rate of FOUR AND TWO <br />TENTHS (4.2) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January 1, 2004, located within the Tramway Firc District for the raising of revenue <br />for said district. <br />This rate is based on an estimated total valuation of $389,405,279 for purposes of <br />taxation and an estimated collection rate of 95%. <br />SECTION 48. There is hereby levied a tax at the rate of SEVEN AND SIX <br />TENTHS (7.6) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January I, 2004, located within the Deep River Dire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of $162212,462 for purposes of <br />taxation and an estimated collection rate of 94%. <br />SECTION 49. "there is hereby levied a tax at the rate of SIX AND EIGHT <br />TENTHS (6.S) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of,lanuary I, 2004, located within the Cameron Fire District for the raising of revenue <br />for said district. <br />This rate is based on an estimated total valuation of S5S,517,580 for purposes of <br />taxation and an estimated collection rate ot89%. <br />
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