Orange County NC Website
>2 [F l'ed] littp:HwWw.ncRa.state.nc.us/Sessions/2007/Bills/Senate... <br />Education. <br />(7). A sum e"a to fiiiAYr_ five per-een+ (351%) e f these me-v?yon <br />tfansfeffed in aeeer-danee with G.S. 18G464 shall <br /> <br />t ' <br />t <br />t ff <br />ti <br />f th tP <br />'l <br />St ? <br />tP <br />'l9' <br />am r <br />t e -as <br />-a pereen <br />a <br />' <br />i <br />t <br />- th e e <br />ee <br />age-o <br />e <br />h <br />d <br />- <br />d <br />- .-r <br />a <br />t <br />(1000% ?, <br />? <br />, .,?. <br />) <br />- <br />ith <br />ra <br />e s grea <br />er <br />an o <br />it ne <br />?an <br />r <br />e <br />per <br />een <br />ii th <br />A , <br />w <br />t <br />-a-. mean s <br />e " ""I %.10un <br />y <br /> <br />studies. <br />'L, "state rate" <br />means <br />i"Wes assessment ratio studies" <br />?e?aCGt' assessment <br />of Feyenuea de"- (-±. 1054_280(b- <br />(3) No county shall have to provide matching funds required <br />under subsection (c) of this section. <br />(-4) A county may use monies in this Fund to pay for school <br />construction projects in local school administrative units <br />and to retire indebtedness incurred for school construction <br />projects incurred on or after January 1; 20032000. <br />(5 A county may not use monies in this Fund to pay for <br />.school technology needs." <br />SECTION 2. This act is effective when it becomes law. <br />?^ 7 1"/n<in nn-7 n.) 1 e IN