2001 - 06-25-01 Special Meeting - Laserfiche WebLink

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Budget Ordinance, Fiscal Year 2001-02 En u(\ 8 ?dGE niuU County of Lee, North Carolina June 25, 2001 Page 4 SECTION 2. It is estimated that the following revenues will be available for use by the County of Lee to fund the operations appropriated - Section 1 during the Fiscal Year beginning July 1, 2001 and ending on June 30, 2002: Current Year Tax Levy 21,798,000 Prior Years Taxes 610,650 Local Option Sales Tax 5,185,320 In Lieu of Taxes 927,499 Special School Sales Tax 1,580,000 Intangibles Tax 625,000 Library Revenues 130,382 DSS Revenues 4,775,749 Recreation Revenues 304,650 Department for the Aging Revenues 904,118 Health Dept. Revenues 1,611,800 Youth & Adult Services Revenues 575,531 Other Revenues 3,509,152 Fund Balance 998,134 TOTAL REVENUES 43,535,985 SECTION 3. All funds received, which are committed to be spent by law or contract, are ordered spent for those purposes. Additional funds appropriated for those purposes are ordered to come from General County Revenues to the extent necessary. The one-half cent sales taxes designated for School Capital Outlay are ordered to be used to retire existing School Debt Service. SECTION 4. The following amounts are hereby appropriated in the General Fund for the payment of principal and interest on the outstanding debt of the county and expenses relating thereto for the Fiscal Year beginning July 1, 2001 and ending on June 30, 2002: Principal Interest Charges TOTAL 3,001,839 1,645,015 3,000 4,649,854 SECTION 5. It is estimated that the following revenues for the Debt Service will be available to the General Fund for the Fiscal Year beginning July 1, 2001 and ending on June 30, 2002: 02G General Fund Contribution 2,619,863