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11. 11 9ti L :�� �1 yly rJ� iuo� �Li�� tiuua <br /> Currently,52 counties have general authority to use Installment Finance contracts,authorized by <br /> G.S. 160A 20,to build schools. Two others have specific authority for certain projects. This <br /> proposal would extend the general authority to all 100 counties. <br /> S. Local Government Contracts <br /> Support legislation to increase the bidding threshold for public contracts involving purchase <br /> of apparatus,supplies,materials or equipment from the current$20,000. (Taxation and <br /> Finance Steering Committee). <br /> This figure was last increased,from$10,000 to$20,000,in 1988. <br /> 6. Study Tar Equity <br /> Support legislation to ena'le the General Assembly to study the proliferation of exemptions <br /> and occlusions from the property tax base as well as the State's Use Value Taxation Program. <br /> (Taxation and Finance Steering Committee). <br /> 7. Use of Credit Cards for Property Tax Payment <br /> Seek legislation to allow counties to pass along credit card fees and surchargvs to taxpayers <br /> and other ratepayers who elect to pay property taxes and other fees and charges by credit <br /> cards,as authorized by G.S.105-357. <br /> Because of curr banking rules,fees and surcharges normally paid to banks and credit car <br /> companies by merchants cannot be passed on to taxpayers who pay taxes by credit card This <br /> proposal would enable counties to pass on t1x=charges and fees. <br /> Revised 11/2"6 <br />