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2007 - 06-18-07 Regular Meeting
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2007 - 06-18-07 Regular Meeting
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Minutes
Committee
Board of Commissioners
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0 0 <br />Budget Ordinance, Fiscal Year 2007-08 g00K 21 PAGE 638 <br />County of Lee, North Carolina <br />June 18, 2007 <br />Page 4 <br />SECTION 4. The following amounts are hereby appropriated in the General <br />Fund for the payment of principal and interest on the outstanding debt of the county and <br />expenses relating thereto for the Fiscal Year beginning July 1, 2007 and ending on June <br />30, 2008: <br />Principal $ 3,729,147 <br />Interest 3,445,053 <br />Charges 3,000 <br />TOTAL $ 7,177,200 <br />SECTION 5. It is estimated that the following revenues for the Debt Service will <br />be available to the General Fund for the Fiscal Year beginning July 1, 2007 and ending <br />on June 30, 2008: <br />General Fund Contribution <br />$ 4,150,130 <br />Transfer from Special Revenue- <br />Schools (Sales Tax) <br />1,987,200 <br />Transfer from Special Revenue- <br />Schools (Lottery Funds) <br />599,241 <br />Transfer from Capital Reserve <br />440,629 <br />TOTAL $ 7,177,200 <br />SECTION 6. The following amounts are hereby appropriated in the Room <br />Occupancy Tax Fund for the Fiscal Year beginning July 1, 2007 and ending June 30, <br />2008: <br />Transfer to CCCC for Civic <br />Center - Operations $ 168,751 <br />SECTION 7. It is estimated that the following revenues will be available to the <br />Room Occupancy Tax Fund for the Fiscal Year beginning July 1, 2007 and ending on <br />June 30, 2008: <br />Room Occupancy Tax Revenue $ 168,751 <br />SECTION 8. The following amounts are hereby appropriated to the Solid Waste <br />Management Fund for the Fiscal Year beginning July 1, 2007 and ending on June 30, <br />2008: <br />Solid Waste Management $ 359,005 <br />Waste Collections 986,439 <br />TOTAL $ 1,345,444 <br />
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