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1997 - 06-16-97 Regular Meeting
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1997 - 06-16-97 Regular Meeting
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
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Budget Ordinance, Fiscal Year 1997-98 <br />County of Lee, North Carolina <br />June 16, 1997 <br />Page 13 <br />not 16 wFIG15 <br />(A) Form grant agreements to public and non-profit organizations; <br />(B) Leases of nontnal and routine business equipment where the annual rental of <br />each is not more than $5,000; <br />(C) Consultant, professional or maintenance service agreements where the annual <br />compensation is not more than $5,000; <br />(D) Purchase of apparatus, supplies, materials, or equipment where the purchase <br />price does not exceed $5,000; <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 $5,000; <br />(G) Liability, health, disability, casualty, property or other insurance or retention <br />and faithful performance bonds (other than for the Sheriff and Register of Deeds). <br />SECTION 43. 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 1, 1997, 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 $81,166,870 for purposes of <br />taxation and an estimated collection rate of 96%. <br />SECTION 44. There is hereby levied a tax at the rate of SIX (6.0) cents per one <br />hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located <br />within the Lemon Springs Fire District for the raising of revenue for said district. <br />This rate is based on an estimated total valuation of $131,954,205 for purposes of <br />taxation and an estimated collection rate of 96%. <br />SECTION 45. There is hereby levied a tax at the rate of THREE AND FOUR <br />TENTHS (3.4) cents per one hundred dollars ($100) valuation of property listed for taxes <br />as of January 1, 1997, 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 $86,809,171 for purposes of <br />taxation and an estimated collection rate of 99%. <br />
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