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6-4-18 Regular Meeting
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6-4-18 Regular Meeting
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7/3/2018 10:11:58 AM
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7/3/2018 9:43:14 AM
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Admin-Clerk
Document Type
Minutes
Committee
Board of Commissioners
Date
6/4/2018
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Budget Ordinance, Fiscal Year 2018-19 <br />Lee County, North Carolina <br />June 4, 2018 <br />Page 6 <br />SECTION 13. The following amounts are hereby appropriated in the Capital <br />Reserve General Fund for the Fiscal Year beginning July 1, 2018 and ending June 30, <br />2019: <br />Transfer to General Fund $ 1,747,771 <br />SECTION 14. It is estimated that the following revenues will be available to the <br />Capital Reserve General Fund for the Fiscal Year beginning July 1, 2018 and ending June <br />30, 2019: <br />Transfer from General Fund $ 712,000 <br />Fund Balance Appropriated 1,035,771 <br />TOTAL REVENUES $ 1,747,771 <br />SECTION 15. <br />(A) The use of facsimile signatures is approved for county vouchers. <br />(B) Usage of personal vehicles will be reimbursed at the maximum rate allowed by <br />Federal Tax Laws. <br />(C) County officials authorized to travel to State, National and/or Legislative Goals <br />meetings will be paid $150 per day for expenses. The County will pay for transportation, <br />motel accommodations (single or double rate) and advance registration. <br />(D) The Lee County Assignment of Classes to Salary and Grades and Ranges <br />incorporated as part of this ordinance by reference and attached hereto are hereby <br />adopted. <br />SECTION 16. There is hereby levied a tax of 79.5 cents per one hundred dollars ($100) <br />valuation of property listed for taxes as of January 1, 2018 for the purpose of raising the <br />revenue listed as "Current Year Property Tax" in the General Fund in Section 2 of this <br />ordinance. <br />This rate is based on an estimated total valuation of real property, business <br />personal property, and utilities for purpose of taxation of $4,908,330,000 and an estimated <br />collection rate of 99.08%, and an estimated total valuation of vehicles for purpose of <br />taxation of $483,000,000 and an estimated collection rate of 100%. <br />SECTION 19. The Budget Officer is hereby authorized to transfer appropriations <br />within a fund as contained herein under the following conditions: <br />(A) He may transfer amounts between objects of expenditures within a <br />department without limitation. <br />(B) He may transfer amounts up to $5,000.00 between departments of the <br />same fund. <br />(C) He may not transfer any amounts between funds or from any Contingency <br />appropriation within any fund. <br />
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