SENATE BILL 507
AN ACT CONCERNING BUDGET PREPARATION AND FINANCING OF THE BUNCOMBE COUNTY BOARD OF TAX SUPERVISION.
The General Assembly of North Carolina enacts:
Section 1. Section 8 of Chapter 802, Session Laws of 1971, is amended by striking out the words "and City Council" both times they appear.
Sec. 2. The first paragraph of Section 9 of Chapter 802, Session Laws of 1971, is rewritten to read:
"The Board shall annually prepare a budget for the office of County Tax Supervisor and the office of the County Tax Collector, pursuant to the Local Government Budget and Fiscal Control Act. The budget shall be submitted to the Board of Commissioners not later than May 1 of each year. The Board of Commissioners may make any modifications in the budget that they deem advisable. The City of Asheville shall appropriate in each fiscal year an amount equal to one and one-half percent (1-1/2%) of the taxes collected on behalf of the city, in the immediate preceding year, including penalties, interest and discoveries, and shall pay said amount to the County of Buncombe in monthly installments commencing July 1 for services provided by the Board of Tax Supervision."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 29th day of May, 1981.