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BK:00024 PG: 1003 <br />Fire District Budget Ordinance, Fiscal Year 2012 -13 <br />Lee County, North Carolina <br />June 18, 2012 <br />Page 5 <br />SECTION 23. There is hereby levied a tax at the rate of ELEVEN AND THREE <br />TENTHS (11.3) cents per one hundred dollars ($100) valuation of property listed for taxes as of <br />January 1, 2012, located within the Deep River Fire District for the raising of revenue for said <br />district. <br />This rate is based on an estimated total valuation of $213,000,000 for purposes of <br />taxation and an estimated collection rate of 97.00 %. <br />SECTION 24. There is hereby levied a tax at the rate of EIGHTEEN AND SIX TENTHS <br />(18.6) cents per one hundred dollars ($100) valuation of property listed for taxes as of January <br />1, 2012, located within the Clearwater Fire Service District for the raising of revenue for said <br />district. <br />This rate is based on an estimated total valuation of $21,250,000 for purposes of <br />taxation and an estimated collection rate of 98.00 %. <br />SECTION 25. Copies of the Budget Ordinance shall be furnished to the Budget Officer, <br />the Finance Officer, and the Tax Administrator for direction in carrying out their duties. <br />Commissioner Hayes moved to approve the Budget Ordinance, and upon a vote, the <br />results were as follows: <br />Aye: Hayes, Parks, Paschal, Reives, Shook, and Womack, <br />Nay: Oldham <br />The Chairman ruled the Budget Ordinance had been adopted. <br />j6r,�' <br />A Shook, Chairman <br />