Orange County NC Website
5 <br />management on the same basis, and would be charged only once. (If municipal taxes were used <br />along with County taxes, municipal residents would pay twice.) <br />The means of implementing the SWMP from revenues raised through property taxes presented in <br />Table 3, assumes that the Orange County property tax rate would be increased to raise the <br />additional revenue. <br />The assumptions made in Table 3 show the FY 1998 -99 Countywide property tax base of <br />$6,009,267,349. The revenue required in each year of the forecast is the same as that presented <br />in previous models, and the property tax base against which an assessment would be placed is <br />assumed to increase at 1.5% per year. <br />Points for Discussion <br />• The SWMP funds would not have the financial support of tax- exempt properties which could <br />receive waste reduction services, allowing tax- exempt properties to be subsidized by other <br />sectors. <br />• By raising the necessary revenue through property taxes, undeveloped properties not <br />receiving any services under the SWMP would be subsidizing those properties receiving <br />services. The University of North Carolina at Chapel Hill is the largest tax exempt property <br />owner. It currently funds its own recycling and waste reduction programs. <br />• Among the alternatives considered here, this would be the easiest one to administer. <br />• Increasing property tax rate to fund implementation of the SWMP would make this increased <br />cost to the property owner tax deductible, whereas the Availability Fee would not be tax <br />deductible. <br />M. - Each Jurisdiction establishes, implements and collects its own fees. <br />This approach would provide for the greatest degree of autonomy in allowing each jurisdiction to <br />provide the additional necessary funds for the recycling program expansion by whatever method <br />each thinks most appropriate. It is also inconsistent with the notion of a unified and integrated <br />plan for all jurisdictions of Orange County. <br />Table 4 displays the additional sum that would be required of each community during FY 1998- <br />99. Table 4a. specifies the additional sums needed from each community through the remaining <br />years of this forecast, based on the same calculation method established in Table 4. The figures <br />were derived from examining the costs attributable to each property in the jurisdiction based on <br />the type of services received, and the number of each type of property in that jurisdiction. <br />Points for Discussion. <br />• Contrary to the notion of an integrated Solid Waste Management system. <br />