ORDINANCE - Lee County Budget Ordinance FY 17-18

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Budget Ordinance, Fiscal Year 2017-18 Lee County, North Carolina June 19, 2017 Page 7 SECTION 18. There is hereby levied a tax of 79.5 cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 2017 for the purpose of raising the revenue listed as "Current Year Property Tax" in the General Fund in Section 2 of this ordinance. This rate is based on an estimated total valuation of real property, business personal property, and utilities for purpose of taxation of $4,786,116,000 and an estimated collection rate of 98.97%, and an estimated total valuation of vehicles for purpose of taxation of $483,000,000 and an estimated collection rate of 100%. SECTION 19. The Budget Officer is hereby authorized to transfer appropriations within a fund as contained herein under the following conditions: (A) He may transfer amounts between objects of expenditures within a department without limitation. (B) He may transfer amounts up to $5,000.00 between departments of the same fund. (C) He may not transfer any amounts between funds or from any Contingency appropriation within any fund. SECTION 20. The County Manager and the Clerk to the Board are hereby authorized to execute the necessary agreements within funds included in the Budget Ordinance for the following purposes: (A) Form grant agreements to public and non-profit organizations; (B) Leases of normal and routine business equipment where the annual rental of each is not more than $20,000; consultant, professional or maintenance service agreements where the annual compensation is not more than $20,000; (C) Purchase of apparatus, supplies, materials, or equipment where the purchase price does not exceed $20,000; (D) Agreements for acceptance of State, Federal, public, and non-profit organization grant funds, and funds from other governmental units for services to be rendered; (E) Construction or repair work where the amount does not exceed $20,000; (F) Liability, health, disability, casualty, property or other insurance or retention and faithful performance bonds (other than for the Sheriff and Register of Deeds). SECTION 21. The following schedules of fees and charges are incorporated as part of this ordinance and are hereby adopted: (A) Building Construction/Planning and Development Fee Schedules (B) 2017-2018 County of Lee Schedules of Fees & Charges