1980 - 07-07-80 Regular Meeting - Laserfiche WebLink

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ROf,, 9 rnsE 740 Section 14 CODE That for said fiscal year there is hereby appropriated out of the Central Carolina Technical College Current Expense Fund the following: PURPOSE General Administration Instructional Services Plant Operation Plant Maintenance General Institutional Expense Employee Benefits Sub-total Less Carryover Funds TOTAL APPROPRIATION - CENTRAL CAROLINA TECHNICAL COLLEGE FUND-CURRENT EXPENSE APPROPRIATION 18 100 3 000 179 089 53 878 34 406 21 371 309 844 (24 750) 285 094 Section 15: It is estimated that the following Central Carolina Technical College Current Expense Fund Revenues will be available during the fiscal year beginning July 1, 1980, and ending June 30, 1981, to meet the foregoing Central Carolina Technical College Current Expense Fund appropriations: CODE REVENUE SOURCE AMOUNT 53-397-01 General Fund Appropriation 285 094 TOTAL REVENUES - CENTRAL CAROLINA TECHNICAL COLLEGE FUND-CURRENT EXPENSE 285 094 Section 16: That for said fiscal year there is hereby appropriated out of the Central Carolina Technical College Capital Outlay Fund the following: CODE PURPOSE Equipment & Building Alterations Sub-total Less Carryover Funds TOTAL APPROPRIATION - CENTRAL CAROLINA TECHNICAL COLLEGE FUND-CAPITAL OUTLAY APPROPRIATION 7 648 Z 648. (150) 7 498 Section 17: It is estimated that the following Central Carolina Technical College Capital Outlay Fund Revenues will be available during the fiscal year beginning July 1, 1980, and ending June 30, 1981, to meet the foregoing Central Carolina Technical College Capital Outlay Fund appropriations: CODE REVENUE SOURCE 53-397-01 General Fund Appropriation TOTAL REVENUES - CENTRAL CAROLINA TECHNICAL COLLEGE FUND-CAPITAL OUTLAY AMOUNT 7 498 7 498 Section 18: There is hereby levied for the fiscal year ending June 30, 1981, a rate of .63 of taxes on each one hundred dollars ($100) assessed valuation of taxable property as listed as of January 1, 1980, for the purpose of raising from current year's property tax as set forth in the foregoing estimates of revenue and in order to finance foregoing appropriations for the general expenses incident to the proper government of Lee County, North Carolina, and for the payment of maturing principal and interest on outstanding bonded debt of Lee County, North Carolina. Such rate is based on an estimated total appraised value of property for the purpose of taxation of $740,000,000 with an assessment ratio of 100% of appraised value, and an estimated collection rate of 95%.