1997 - 06-16-97 Regular Meeting - Laserfiche WebLink

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0 M 16 F"" I Budget Ordinance, Fiscal Year 1997-98 County of Lee, North Carolina June 16, 1997 Page 14 SECTION 46. There is hereby levied a tax at the rate of THREE AND EIGHT TENTHS (3.8) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Carolina Trace Fire District for the raising of revenue for said district. This rate is based on an estimated total valuation of $186,717,323 for purposes of taxation and an estimated collection rate of 99%. SECTION 47. There is hereby levied a tax at the rate of SEVEN AND FIVE TENTHS (7.5) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Deep River Fire District for the raising of revenue for said district. This rate is based on an estimated total valuation of $86,542,287 for purposes of taxation and an estimated collection rate of 96%. SECTION 48. There is hereby levied a tax at the rate of THREE AND TWO TENTHS (3.2) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Tramway Fire District for the raising of revenue for said district. This rate is based on an estimated total valuation of $252,305,962 for purposes of taxation and an estimated collection rate of 98%. SECTION 49. There is hereby levied a tax at the rate of FIVE (5.0) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Northview Fire District for the raising of revenue for said district. This rate is based on an estimated total valuation of $199,374,338 for purposes of taxation and an estimated collection rate of 99%. SECTION 50. There is hereby levied a tax at the rate of FIVE AND FIVE TENTHS (5.5) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Cape Fear Fire District for the raising of revenue for said district. This rate is based on an estimated total valuation of $132,870,406 for purposes of taxation and an estimated collection rate of 96%. SECTION 51. There is hereby levied a tax at the rate of NINE AND THREE TENTHS (9.3) cents per one hundred dollars ($100) valuation of property listed for taxes as of January 1, 1997, located within the Cameron Fire District for the raising of revenue for said district. x'38 This rate is based on an estimated total valuation of $31,422,892 for purposes of taxation and an estimated collection rate of 91%.