Agenda - 08-18-1987 - Laserfiche WebLink

Browse Search

SECTION IV. TAX RATE LEVY: There is hereby levied for the fiscal year 1987-88 a general county-wide tax rate of 60.TO per $100 of assessed valuation. This rate shall be levied in the General Fund. Special district tax rates are levied as follows: Cedar Grove 5.4¢ South Orange Fire District 7.6¢ Efland Fire District 3.2¢ Chapel Hill Fire District 2.5¢ Eno Fire District 6.0¢ Southern Triangle Fire District 4.0¢ Little River Fire District 3.90 Damascus Fire District 5.0¢ New Hope Fire District 3.6¢ Chapel Hill-Carrboro School Orange Rural Fire District 3.50 District 16.5¢ Orange Grove Fire District 4.0¢ White Cross Fire District 7.9¢ SECTION V. SCHOOL CURRENT EXPENSE: There is hereby allocated a lump sum of $4,718,886 for Chapel Hill-Carrboro City Schools and $4,456,141 for Orange County Schools, for the purpose of supporting current expense. SECTION VI. SCHOOL CAPITAL OUTLAY: There is hereby allocated $750,000 for Chapel Hill-Carrboro City Schools for current capital including $150,000 for roof repairs), $450,000 for the multipurpose center, $498,300 for Phillips air- conditioning, and $275,880 for Frank Porter Graham airconditioning; however, $50,000 of these allocations were appropriated in the previous fiscal year for architectural and engineering work related to the airconditioning projects. There is hereby allocated $750,000 for Orange County Schools for current capital (including $150,000 for roof repairs) , $501,000 for the high school expansion, $250,000 for land acquisition for a new elementary school, and $7,500 for tennis court resurfacing. SECTION VII. DOG LICENSE: A license costing $5.00 is required for all dogs. SECTION VIII. SCHEDULE B LICENSE: In accordance with Schedule B of the Revenue Act (Article 2, Chapter 105 of the N. C. State Statutes) and any other section of the General Statutes so permitting, there are hereby levied privilege license taxes in the maximum amount permitted on businesses, trades, occupations, or professional which the County is entitled to tax. SECTION IX. BUDGET CONTROL: The Board of Commissioners, in approving this budget, has utilized to the fullest extent possible its revenue sources. Over collections of revenue or unanticipated revenue sources cannot be expected to materialize during the year. It is, therefore, of utmost importance, and the County Manager is hereby directed, to initiate steps to insure that the budget as fixed herein is lived within. General Statutes of the State of North Carolina provide for budgetary control measures to exist between a County and Public School System. The Board of Commissioners hereby directs the following measures for budget administration and review: