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Budget Ordinance, Fis car 2000-01 County of Lee, North Carolina BOOK 18 P~ACE 91? June 5, 2000 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, 2000 and ending on June 30, 2001: Current Year Tax Levy 20,457,000 Prior Years Taxes 455,500 Local Option Sales Tax 5,185,320 In Lieu of Taxes 947,499 Special School Sales Tax 1,592,436 Intangibles Tax 622,000 Library Revenues 128,941 DSS Revenues 4,612,716 Recreation Revenues 324,032 Department for the Aging Revenues 775,384 Health Dept. Revenues 1,782,736 Youth & Adult Services Revenues 570,579 Other Revenues 3,064,189 Fund Balance 1,920,649 TOTAL REVENUES 014 42,438,981 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, 2000 and ending on June 30, 2001: Principal 3,009,333 Interest 1,805,671 Charges 3,000 TOTAL 4,818,004 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, 2000 and ending on June 30, 2001: General Fund Contribution 2,761,971 Transfer from Special Revenue- Schools (Sales Tax) 1,592,436 3.0% COLA