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11 <br />b(6) Uncollected special assessments <br />heretofore levied for local <br />improvements for which any part of <br />the gross debt (that is not <br />otherwise deducted) was or is to <br />be incurred to the extent that <br />such assessments will be applied, <br />when collected, to the payment of <br />any part of the gross debt ............. $ -0- <br />b(7) The amount, as estimated by the <br />Finance Director, of special <br />assessments to be levied for <br />local improvements for which any <br />part of the gross debt (that is not <br />otherwise deducted) was or is to be <br />incurred, to the extent that the <br />special assessments, when collected, <br />will be applied to the payment of <br />any part of the gross debt ............. $ -0- <br />(b) DEDUCTIONS, being the sum of b(1), <br />b(2) , b(3) , b(4) , b(5) , b(6) and <br />b(7) .... ............................... $ 1,000,000 <br />0a <br />(b) DEDUCTIONS <br />b(1) <br />Funding and refunding bonds <br />authorized by orders introduced <br />but not yet adopted .................... <br />$ --0- <br />b(2) <br />Funding and refunding bonds <br />authorized but not yet issued .......... <br />$ -0- <br />b(3) <br />The amount of money held in <br />sinking funds or otherwise for <br />the payment of any part of the <br />principal of gross debt other than <br />debt incurred for water purposes or <br />sanitary sewer purposes (to the <br />extent that the bonds are <br />deductible under G.S. 5159- 55(b))....... <br />$ -0- <br />b(4) <br />Bonded debt included in gross debt <br />and incurred, or to be incurred, <br />for water purposes ...................... <br />$ 1,000,000 <br />b(5) <br />Bonded debt included in gross debt <br />and incurred, or to be incurred, <br />for sanitary sewer system purposes <br />to the extent that said debt is made <br />deductible by G.S. $159 -55(b) .......... <br />$ -0- <br />b(6) Uncollected special assessments <br />heretofore levied for local <br />improvements for which any part of <br />the gross debt (that is not <br />otherwise deducted) was or is to <br />be incurred to the extent that <br />such assessments will be applied, <br />when collected, to the payment of <br />any part of the gross debt ............. $ -0- <br />b(7) The amount, as estimated by the <br />Finance Director, of special <br />assessments to be levied for <br />local improvements for which any <br />part of the gross debt (that is not <br />otherwise deducted) was or is to be <br />incurred, to the extent that the <br />special assessments, when collected, <br />will be applied to the payment of <br />any part of the gross debt ............. $ -0- <br />(b) DEDUCTIONS, being the sum of b(1), <br />b(2) , b(3) , b(4) , b(5) , b(6) and <br />b(7) .... ............................... $ 1,000,000 <br />0a <br />