Orange County NC Website
Kevenues- <br />Cedar Grove <br />7.30 <br />• <br />o 77mental. - Reaumon MW on Lower Operating Costs Pmoaateo w1u, <br />ning of Hillsborough Commons <br />226,247.00 <br />Ac valorem Property I ax - Reduce Trom KeoomMe—nclea flate Or I UJII cents per <br />Damascus <br />2 valuation to 99.2 cents per $100 valuation <br />5,061,421.00 <br />otal Changes to commended Revenues <br />, 8 , 8.00 <br />3) The total current expense appropriation for Schools is $60,582,479. The <br />appropriation to the Chapel Hill- Carrboro City Schools is $37,456,049 and the <br />appropriation to the Orange County Schools is $23,126,430. The per pupil <br />allocation is approved at $3,200.. <br />4) The recurring capital outlay for both school districts is $2,570,635 and is hereby - <br />appropriated $1,579,005 for Chapel Hill - Carrboro City Schools for recurring <br />capital. There is hereby allocated $99:1,630 for Orange County Schools for <br />recurring capital. <br />5) The County's ad valorem contribution to Chapel Hill Carrboro City Schools and <br />Orange County Schools.totals $90,180,363 or 49.3% of the County's total <br />General Fund budget of $183,005,580. <br />6) The Ad Valorem property tax rate shall be set at 99.8 cents per $100 of <br />assessed valuation, an increase of 4.8 cents over the fiscal year 2007 -08 rate of <br />95 cents. <br />7) The Chapel Hill - Carrboro City School District Tax shall be set at 23 cents per <br />$100 of assessed valuation, an increase of 2.65 cents over the fiscal year 2008- <br />09 rate of 20.35 cents per $100 assessed valuation. The Chapel Hill - Carrboro <br />Board of Education's 2008 -09 requested budget included a 7.06 cent increase in <br />the special district tax. rate. <br />8) The Fire District tax rates shall be set at the following rates (all rates are based on cents per $100 <br />of assessed valuation): <br />• <br />Cedar Grove <br />7.30 <br />• <br />Chapel Hill <br />4.90 <br />• <br />Damascus <br />6.00 <br />• <br />Efland <br />5.225 <br />• <br />Eno <br />5.70 <br />• <br />Little River <br />4.60 <br />• <br />New Hope <br />6.75 <br />• <br />Orange Grove. <br />4.20 <br />