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J <br /> 24 <br /> C. Net Debt, being the difference <br /> between Total Gross Debt (A) and Total $ 143,014,585 <br /> Deductions (B). <br /> D. Appraised Value of property <br /> subject to taxation, being the value <br /> from which the assessed value last <br /> fixed for taxation was computed, as <br /> budgeted by the County $ 9,085,150,000 <br /> Commissioners upon the <br /> recommendation of the County Tax <br /> Assessor. <br /> E. Percentage that Net Debt bears to <br /> the appraised value of property subject 1 .58% <br /> to taxation. <br /> WITNESS my signature this 14th day of August, 2001. <br /> Kenneth T. Chavious <br /> Finance Officer <br /> Orange County, North Carolina <br />