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Agenda - 06-23-1988
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Agenda - 06-23-1988
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10/21/2016 3:21:27 PM
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BOCC
Date
6/23/1988
Meeting Type
Work Session
Document Type
Agenda
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SECTION IV. TAX RATE LEVY: There is hereby levied for the fiscal year 1988-89 a general <br /> county-wide tax rate of 64.5 cents per $100 of assesbed valuation. This rate shall be levied in the <br /> General Fund. Special district tax rates are levied as follows: <br /> Cedar Grove 5.9 cents South Orange 8.0 cents <br /> Efland 3.0 cents Chapel Hill 3.1 cents <br /> Eno 6.2 cents 'Southern Triangle 5.0 cents <br /> Little River 4.4 cents Damascus 5.6 cents <br /> New Hope 5.2 cents White Cross 7.6 cents <br /> Orange Rural 3.3 cents Chapel Hill-Carrboro School <br /> Orange Grove 4.0 .cents District 17.75 cents <br /> SECTION V. SCHOOL CURRENT EXPENSE: There is hereby allocated a lump sum of $5,279,820 for <br /> Chapel Hill-Carrboro City Schools and $4,942,337 for Orange County Schools, for the purpose of <br /> supporting current expense. <br /> SECTION VI. SCHOOL CAPITAL OUTLAY: There is hereby allocated $570,000 for Chapel Hill-Carrboro <br /> Schools for recurring capital and $1,035,383 for long range capital projects. There is hereby <br /> allocated $750,000 for Orange County Schools for recurring capital and $663,253 for long range <br /> capital projects. A Reserve for Future Capital Projects has been established in the amount of <br /> $711,257. This amount will be held in reserve for future school capital projects as identified in <br /> the Capital Improvement Plan. <br /> SECTION VII. DOG LICENSE: A license costing $7.50 is required for all unsterilized dogs; $5.00 <br /> for all sterilized dogs; $3.00 for all unsterilized cats and $2.00 for all sterilized cats. <br /> SECTION VIII. SCHEDULE B LICENSE: In accordance with Schedule B of the Revenue Act (Article 2, <br /> Chapter 105 of the NC State Statutes) and any other section of the General Statutes so permitting, <br /> there are hereby levied privilege license taxes in the maximum amount permitted on businesses, <br /> trades, occupations or professions which the County is entitled to tax. <br /> SECTION IX. BUDGET CONTROL: General Statutes of the State of North Carolina provide for <br /> budgetary control measures to exist between a County and Public School System. The Board of <br /> Commissioners hereby directs the following measures for budget administration and review: <br /> Per General Statute 115-429(c) , the Board of Education shall supply a copy of its final budget <br /> (once adopted) including the Uniform State Budget Format, annual audit, monthly financial reports, <br />
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