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S ORD-1995-006 Budget Ordinance Fiscal Year 1995-96 - Agenda 6-26-1995 - IX-B
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S ORD-1995-006 Budget Ordinance Fiscal Year 1995-96 - Agenda 6-26-1995 - IX-B
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Last modified
12/10/2014 9:27:59 AM
Creation date
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BOCC
Date
6/26/1995
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
IX-B
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Agenda - 06-26-1995 - IX-B
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\Board of County Commissioners\BOCC Agendas\1990's\1995\Agenda - 06-26-95
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Section IV. Tax Rate Levy <br /> There is hereby levied for the fiscal year 1995-96 a general County-wide tax rate of 94.75 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 7.60 <br /> Chapel Hill 2.90 <br /> Damascus 3.80 <br /> Efland 3.40 <br /> Eno 6.00 <br /> Little River 4.65 <br /> New Hope 6.00 <br /> Orange Grove 5.15 <br /> Orange Rural 4.25 <br /> South Orange 9.10 <br /> Southern Triangle 3.80 <br /> White Cross 6.90 <br /> Chapel Hill-Carrboro School District 15.40 <br /> Section V. School Current Expense <br /> There is hereby allocated a lump sum of$12,349,776 for Chapel Hill/Carrboro City Schools and <br /> $8,825,533 for the Orange County Schools, for the purpose of supporting current expense. This <br /> appropriation equates to $1,571 per student based on an average daily membership of 7,860 for the <br /> Chapel Hill/Carrboro City Schools and 5,617 for the Orange County Schools. <br /> Section VI. School Capital Outlay <br /> There is hereby appropriated$750,000 for Chapel Hill/Carrboro City Schools for recurring capital <br /> and $1,795,702 for long range capital projects. There is hereby allocated $750,000 for Orange <br /> County Schools for recurring capital and$2,001,509 for long range capital projects. <br /> Section VII. Schedule B License <br /> In accordance with Schedule B of the Revenue Act, Article 2, Chapter 105 of the North Carolina <br /> General Statutes,and any other section of the General Statutes so permitting,there are hereby levied <br /> privilege license taxes in the maximum amount permitted on businesses, trades, occupations or <br /> professions which the County is entitled to tax. <br />
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