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Budget Ordinance, Fiscal Year 1989-90 <br />County of Lee, Nor' Carolina <br />..'June 26, 1989 50 V pA;r 014 <br />Page 9 <br />87,034,000 for purposes of taxation and an estimated collection <br />rate of 96%. <br />SECTION 37. There is hereby levied a tax at the rate of <br />FOUR AND NINE TENTHS (4.9) cents per one hundred ($100) <br />valuation of property listed for taxes as of January 1, 1989, <br />located within the west Sanford Fire District for the raising <br />of revenue for said district. <br />This rate is based on an estimated total valuation of <br />114,571,000 for purposes of taxation and an estimated <br />collection rate of 968. <br />SECTION 38. There is hereby levied a tar, at the rate of <br />FOUR AND ONE TENTH (4.1) cents per one hundred ($100) valuation <br />of property listed for taxes as of January 1, 1989, located <br />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 <br />141,364,000 for purposes of taxation and an estimated <br />collection rate of 96%. <br />SECTION 39. There is hereby levied a tax at the rate of <br />SEVEN AND THREE TENTHS (7.3) cents per one hundred ($100) <br />valuation of property listed for taxes as of January 1, 1989, <br />located within the Deep River Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of <br />48,678,000 for purposes of taxation and an estimated collection <br />rate of 96%. <br />SECTION 40. There is hereby levied a tax at the rate of <br />THREE PIND FOUR TENTHS (3.4) cents per one hundred ($100) <br />valuation of property listed for taxes as of January 1, 1989, <br />located within the Tramway Fir-District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of <br />151,927,000 for purposes of taxation and an estimated <br />collection rate of 96%. <br />SECTION 41. There is hereby levied a tax at the rate of <br />FOUR AND FOUR TENTHS (4.4) cents per one hundred ($100) <br />valuation of property listed for taxes as of January 1, 1989, <br />located within the Northview Fire District for the raising of <br />revenue for said district. <br />This rate is based on an estimated total valuation of <br />164,578,000 for purposes of taxation and an estimated <br />collection rate of 96%. <br />-10- <br />