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Agenda - 06-26-1996 - IX-A
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Agenda - 06-26-1996 - IX-A
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Last modified
9/17/2013 5:01:01 PM
Creation date
9/17/2013 5:00:57 PM
Metadata
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Template:
BOCC
Date
6/26/1996
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9a
Document Relationships
Minutes - 19960626
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\1990's\1996
S ORD-1996-021 Operating Budget Ordinance for Fiscal Year 1996-1997
(Linked From)
Path:
\Board of County Commissioners\Ordinances\Ordinance 1990-1999\1996
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6 , <br /> Attachment-1 <br /> A-6 The appropriation to the Chapel Hill Library was increased by $20,000, bringing <br /> the County's appropriation to the Library from$175,000 to $195,000. <br /> A-7 The Carrboro Library appropriation was increased by $15,000. The increase <br /> reflects $10,000 which will be used to support the Library as it becomes part of <br /> the Orange County Library System. An additional $5,000 is to be used for books <br /> for the library. <br /> Revenue <br /> A-8 To help fund the increases in the Current Expense budget, the Board of <br /> Commissioners increased the Manager's recommended tax rate from 99.0 cents <br /> to 99.75 cents. This additional :75 cents on the tax rate will generate $370,832. <br /> The 1995-96 general tax rate is 94.75 cents. <br /> A-9 The increase in fund balance appropriated helps accomplishes the changes <br /> listed above. The recommended fund balance appropriation increases by <br /> $119,158,bringing the total from $850,000 to $969,158. <br />
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