Orange County NC Website
debt into account but Orange County uses other forms of debt <br /> in the same way and for same purposes as general obligation <br /> debt. Consider changing the policy to refer to all kinds of <br /> general debt. <br /> • Consider tying tax increases to bond issuances so that people <br /> better understand the connection between the taxes and the <br /> capital improvement they're paying for. <br /> 3. Economic crisis is an OPPORTUNITY: <br /> • This economic crisis is a good opportunity to "get our financial <br /> house in order" and be more prudent and conservative <br /> financially. People understand the economic climate, so <br /> they'll be more willing to accept more conservative positions <br /> from the county. <br /> IV. Strategic Planning: <br /> "Discipline is knowing what you want and figuring out how to pay for it." <br /> 1 . Again, COMMUNICATION to the public: <br /> • Need to make sure the whole decision-making process and <br /> strategic planning process is transparent. <br /> • Financial prudence: Need to set service and program priorities <br /> and find a way to pay for everything as we go. <br /> V. Defining the terms of the Economic Development (ED) goal: <br /> Implement planning and economic development policies which create <br /> a balanced, dynamic local economy, and which promote diversity, <br /> sustainable growth and enhanced revenue while embracing community <br /> values. <br /> "balanced" <br /> • Employment opportunities for every level of <br /> education/experience/skill <br /> • Local availability of most goods and services <br /> • Mix of locally owned and non-local businesses <br /> "dynamic" <br /> • Jobs that evolve, keep up with technology and cultural changes <br /> • Open to change <br />