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S Ord-1998-019 Finance - 1998-99 Budget, Capital and Grant Project Ordinances 06-22-1998-9a
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S Ord-1998-019 Finance - 1998-99 Budget, Capital and Grant Project Ordinances 06-22-1998-9a
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6/12/2013 4:48:49 PM
Creation date
7/9/2010 12:50:29 PM
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BOCC
Date
6/22/1998
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
9A
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Budget Ordinance <br />Fiscal Year 1998-99 <br />Fund <br />Revenue <br />Visitors Bureau Fund <br />Occupancy Tax <br />Town of Chapel Hill <br />Interest Income <br />School Capital Reserve Fund <br />Transfer from Other Funds <br />Total Visitors Bureau Fund <br />Total School Capital Reserve Fund <br />Payment-in-Lieu Fund <br />Licenses and Permits <br />Total Payment-in-Lieu Fund <br />Section IV. Tax Rate Levy <br />$446,804 <br />$90,300 <br />5 000 <br />$542,104 <br />649 884 <br />$649,884 <br />15 000 <br />$15,000 <br />There is hereby levied for the fiscal year 1998-99 a general county-wide tax rate of 90.2 cents per <br />$100 of assessed valuation. This rate shall be levied in the General Fund. Special district tax rates <br />are levied as follows: <br />Cedar Grove 6.30 <br />Chapel Hill 2.50 <br />Damascus 3.30 <br />Efland 3.00 <br />Eno 5.10 <br />Little River 4.65 <br />New Hope 5.15 <br />Orange Grove 4.40 <br />Orange Rural 4.00 <br />South Orange g,80 <br />Southern Triangle 3.30 <br />White Cross 5.80 <br />Chapel Hill-Carrboro School District 19.20 <br />Section V. School Current Expense <br />There is hereby allocated a lump sum of $17,511,360 for Chapel HilUCarrboro City Schools and <br />$12,911,160 for the Orange County Schools, for the purpose of supporting current expense. This <br />appropriation equates to $2,040 per student based on an average daily membership of 8,584 for <br />the Chapel Hill/Carrboro City Schools and 6,329 for the Orange County Schools. <br />Orange County, North Carolina <br />Page 4 of 6 <br />
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