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- <br /> ^�/�A/�0[\Q <br /> _"'�` °�° """ <br /> ` <br /> . . <br /> . . <br /> ` <br /> Orange County Board of Education's <br /> Requested Local Appropri ation <br /> April 28,2009 <br /> Current Budgetary Environment <br /> �'Probable 5-7%reduction in state allotments <br /> VCounty Sales Tax Revenues are down <br /> v"Property Tax Revenues are down <br /> Y'County Debt Service has increased <br /> VIncreased OCS contribution requirements for <br /> health care and retirement <br /> in <br /> State Budget Reduction Highlights <br /> A Comparison of Proposed Budget Reductions: <br /> oGovemor Perdue- 5%Reduction $1.6 Million <br /> *N.C. Senate- 7%Reduction $2.5 Million <br /> oN.C.House- 7+%Reduction <br />