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Agenda Package - 4-16-2012 Budget and Regular Meeting
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Agenda Package - 4-16-2012 Budget and Regular Meeting
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4/11/2012 9:52:11 AM
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LEE COUNTY G29 <br />Committed Today for a Better Tomorrow <br />Resolution Amending the Method of Sales Tax Distribution for <br />Lee County <br />WHEREAS, North Carolina General Statutes G.S. 105 -472 states that the Secretary <br />for the State of North Carolina shall divide the sales tax revenue between the <br />taxing units in a county including the County and each Municipality; and <br />WHEREAS, the Board of Commissioners determines the method of sales tax <br />distribution and must determine the method by formal Resolution during the <br />month of April; and <br />WHEREAS, Lee County has in previous years selected the Per Capita method of <br />sales tax distribution: and <br />WHEREAS, Lee County has made a determination that it will change the method <br />of distribution to the Ad Valorem method. <br />NOW, THEREFORE BE IT RESOLVED AS FOLLOWS: <br />That the Lee County Board of Commissioners does hereby agree to amend the <br />sales tax distribution method from the Per Capita method to the Ad Valorem <br />method effective this the 16th day of April, 2012. <br />Linda A. Shook, Chairman <br />ATTEST: <br />Gaynell M. Lee, Clerk to the Board <br />
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