Orange County NC Website
6. Uncollected special assessments $ 0 <br />levied for local improvements for which <br />any part of gross debt (that is not <br />otherwise deducted) was or is to be <br />incurred, to the extent that the special <br />assessments will be applied, when <br />collected, to the payment of any part of <br />the gross debt. <br />7. Estimate of special assessments to <br />be levied for local improvements for $ <br />which any part of gross debt (that is not <br />otherwise deducted) was or is to be <br />incurred, to the extent that the special <br />assessments will be applied, when <br />collected, to the payment of any part of <br />the gross debt. <br />Total deductions (Sum of 1 through 7) $ 33,900,000 <br />C. Net Debt, being the difference <br />between Total Gross Debt (A) and Total <br />Deductions (B). <br />$ 239,138,582 <br />D: Appraised Value of property <br />subject to taxation, being the value <br />from which the assessed value last fried <br />for taxation was computed, as revealed $14,726,938,501 <br />by the County tax records and certified <br />by the County Tax Assessor. <br />E. Percentage that Net Debt bears <br />to the. appraised value of property 1.62 <br />subject to taxation. <br />