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Minutes - 19620724
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Minutes - 19620724
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7/24/1962
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Minutes
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276 <br />i <br />his property. Said acess is now being denied due to the construction of 1-85. Mr. <br />Windham stated that he was at the present time negotiating with the State Highway <br />Commission concerning this matter. The Board informed Mr. Windham that they were <br />in sympathy with him and that they would help him in anyway they could. <br />Upon motion of Commissioner Jones, seconded by Commissioner McDade, and unanimous- <br />ly adopted, Don Matheson, County Farm Agent, was granted a salary- increase of $(}00.00. <br />This increase was granted to Mr. Matheson as he is planning to retire after a tenure <br />of long and faithful service to the county, and this sum is a token of recognistion <br />of the value of the services he has performed. <br />Upon motion of Commissioner Bennett, seconded by Commissioner Jones, and <br />unanimously adopted, the funds budgeted for new buildings and grounds for the fiscal <br />year of 1962-1963 are to be administered through the Capital Reserve Appropriation <br />of the School Capital Outlay Budget. <br />The following appropriation resolution was introduced: <br />For the Bond Fund the sum of 13,580.00 <br />For the Farm Fund the sum of 67,650.00 <br />For the General Fund the sum of 395,400.00 <br />For the Property Revaluation Fund the sum of 202000.00 <br />For the Public Health Fund the sum of 1}0,000.00 <br />For the School Current Expense Fund the sum of 351,000.00 <br />For the School Capital Outlay Fund the sum of 507,105.00 <br />For the School Debt Service Fund the sum of 316,050.00 <br />1 <br />For the Welfare General Fund the sum of 92,975.00 <br />For the Old Age Assistance Fund the sum of 123,625.00 <br />For the Aid to Dependent Children Fund the sum of 173,290-00 <br />For the Aid to the Permanently & Totally Disabled <br />Fund the sum of $ 88,420.00 <br />The above mentioned school appropriations are divided in such a manner that the <br />unty Shool Unit.will receive as Current Expense the sum of $203,256.00 and as <br />pital Outlay the sum of $100,724.00. The Chapel Hill Unit will receive as Current <br />dense the sum of $147,744.00 and as Capital Outlay the sum of $120,200.00. The sum <br />$286,181.00 will be appropriated to the Capital Reserve Fund of the Capital Outlay <br />dget Fund. This fund is to be divided between the school units as follows: <br />County Unit - 98,839.00 <br />Chapel Hill Unit - 100,724.00 <br />This resolution received a second and when Chairman Stanford called for the vote <br />all five Board members voted in the affirmative. Chairman Stanford declared the <br />motion passed. <br />To finance the above listed appropriations the following tax levy resolution <br />s introduced: <br />For the Bond Fund the sum of .0097 cents per 100.00 property valuation <br />For the Farm Fund the sum of .0" cents per 100.00 property valuation <br />For the Property Revaluation Fund the sum of .0194 cents per $100.00 property <br />luation. <br />For the Public Health Fund the sum of .0366 cents per $100.00 property valuation <br />For the School Current Expense Fund the sum of .2610 cents per $100.00 property <br />luation. <br />For the School Capital Outlay Fund the sum of .4710 cents per $100.00 property <br />luation. <br />For the School Debt Retirement Fund the sum of .1960 cents per $100.00 property <br />luation. <br />For the Welfare General Fund the sum of .0410 cents per $100.00 property valuation. <br />For the Old Age Assistance Fund the sue of .0136 cents per $100.00 property <br />luation. <br />For the Aid to Dependant Children Fund the sum of .0165 cents per $100.00 property <br />luation. <br />For the Aid to the Permanently and Totally Disabled Fund the sum of .0108 cents <br />r $100.00 property valuation. <br />These tax rate combine to yield a total rate of $1.10 on the $100.00 property <br />luation. <br />This resolution received a second and when Chairman Stanford called for the vote <br />five Board members voted in the affirmative. Chairman Stanford declared the <br />on passed. <br />The following miscellaneous tax levying resolutions were introduced: <br />1. A poll tax of $2.00 shall be levied on all male persons between the ages of <br />years and 50 years. Twenty five per cents (250) of the proceeds of this tax shall <br />deposited in the Welfare Accounts and seventy five per cent (75/'0 of the proceeds <br />11 be deposited in the School Current Expense Fund. <br />2. A special school tax of $ .20 on the $100.00 of property valuation shall be <br />d on all property in the Chapel Hill School District. <br />2. A special fire tax of $ .10 on the $100.00 of property valuation shall be
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