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Budget Ordinance <br /> Fiscal Year 1997-98-page 4 <br /> Fund Revenue <br /> Visitors Bureau Fund <br /> Occupancy Tax $385,000 <br /> Town of Chapel Hill $80,750 <br /> Interest Income $3,000 <br /> Fund Balance Appropriated $6,250 <br /> Total Visitors Bureau Fund $475,000 <br /> School Capital Reserve Fund <br /> Transfer from Other Funds $618,843 <br /> Total School Capital Reserve Fund $618,843 <br /> Payment-in-Lieu Fund <br /> Licenses and Permits $15,000 <br /> Total Payment-in-Lieu Fund $15,000 <br /> Section IV. Tax Rate Levy <br /> There is hereby levied for the fiscal year 1997-98 a general county-wide tax rate of 87.30 cents <br /> per $100 of assessed valuation. This rate shall be levied in the General Fund. Special district tax <br /> rates 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 8.80 <br /> Southern Triangle 3.30 <br /> White Cross 5.80 <br /> Chapel Hill-Carrboro School District 17.90 <br /> Section V. School Current Expense <br /> There is hereby allocated a lump sum of$15,710,813 for Chapel Hill/Carrboro City Schools and <br /> $11,487,009 for the Orange County Schools, for the purpose of supporting current expense. This <br /> appropriation equates to $1,889 per student based on an average daily membership of 8,317 for <br /> the Chapel Hill/Carrboro City Schools and 6,081 for the Orange County Schools. <br />