Agenda - 02-16-2010 - 5c - Laserfiche WebLink

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2 2) Hold Harmless Funding for the County - Orange County is experiencing a substantial decrease in sales tax revenue. The County asks that the 2010 General Assembly protect the "hold harmless" funding to the County as designated in the 2007 Medicaid Relief legislation. Any efforts to reduce or eliminate this "hold harmless" funding will further exacerbate the County's strained financial status. The County further requests that the State's disjointed "hold harmless" funding distribution schedule be aligned to more closely resemble the State sales tax distribution schedule; 3) Sales Tax Exemption - Support legislation to exempt counties, cities, school boards, community colleges, and the Orange Water & Sewer Authority from payment of state and local sales taxes on purchases within North Carolina. The legislation should contain a provision permitting the state to repay the last refund over a multi -year period to minimize state budget impacts. Alternatively, Orange County supports legislation to fully restore public schools' access to sales tax refunds;