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1999 - 06-07-99 Regular Meeting
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1999 - 06-07-99 Regular Meeting
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Admin-Clerk
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Minutes
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Board of Commissioners
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Budget Ordinance, Fis ear 1999-00 <br />County of Lee, North arolina 026 <br />June 7, 1999 BGGn 1~ PAGE 7~~ <br />Page 14 <br />(D) Purchase of apparatus, supplies, materials, or equipment where the <br />purchase price does not exceed $20,000; <br />(E) Agreements for acceptance of State, Federal, public, and non-profit <br />organization grant funds, and funds from other governmental units for services to be <br />rendered; <br />(F) Construction or repair work where the amount does not exceed $20,000; <br />(G) Liability, health, disability, casualty, property or other insurance or <br />retention and faithful performance bonds (other than for the Sheriff and Register of <br />Deeds). <br />SECTION 45. There is hereby levied a tax at the rate of EIGHT AND ONE <br />TENTHS (8.1) cents per one hundred dollars ($100) valuation of property listed for-taxes <br />as of January 1, 1999, located within the Northwest Pocket Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of 582,049,000 for purposes of <br />taxation and an estimated collection rate of 93%. <br />SECTION 46. There is hereby levied a tax at the rate of FOUR AND SEVEN <br />TENTHS (4.7) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January I, 1999, 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 $146,743,000 for purposes of <br />taxation and an estimated collection rate of 95%. <br />SECTION 47. There is hereby levied a tax at the rate of FIVE AND ONE <br />TENTHS (5.1) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January 1, 1999, 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 $40,840,000 for purposes of <br />taxation and an estimated collection rate of 98%. <br />SECTION 48. There is hereby levied a tax at the rate of THREE AND FIVE <br />TENTHS (3.5) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January 1, 1999, located within the Carolina Trace Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of $198,600,000 for purposes of <br />taxation and an estimated collection rate of 98%. <br />3.0% COLA <br />
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