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Section IV. Tax Rate Levy <br /> There is hereby levied for the fiscal year 2007-08 a general county-wide tax rate of 95 <br /> cents per$100 of assessed valuation. This rate shall be levied in the General Fund. <br /> Special district tax rates are levied as follows: <br /> Cedar Grove 7.30 <br /> Chapel Hill 1.90 - <br /> Damascus _ 5.00 <br /> Efland 4.225 <br /> Eno _ 5.70 <br /> Little River T 4.60 <br /> New Hope 6.75 <br /> Orange Grove 3.90 <br /> Orange Rural 5.60 <br /> South Orange 9.50 <br /> Southern Triangle 5.00 <br /> White Cross 5.00 <br /> Chapel Hill-Carrboro School District 20.35 <br /> Section V. School Current Expense <br /> The current expense allocation for both school districts is $56,875,122. Of that total, <br /> there is hereby allocated a lump sum of $34,935,383 for Chapel Hill-Carrboro City <br /> Schools and $21,939,736 for the Orange County Schools. This appropriation equates to <br /> $3,069 per student based on the March 2007 North Carolina Department of Public <br /> Instruction certified average daily membership of 11,382 for Chapel Hill-Carrboro City <br /> Schools and 7,148 for the Orange County Schools. <br /> Section VI. School Recurring Capital Outlay <br /> The recurring capital outlay for both school districts is $2,400,000. There is hereby <br /> appropriated $1,458,480 for Chapel Hill-Carrboro City Schools for recurring capital. <br /> There is hereby allocated $941,520 for Orange County Schools for recurring capital. <br /> Section VII. Reserve for Fair Funding for Schools <br /> There is a Reserve for Fair Funding for Schools included in the Education <br /> function of the General Fund totaling $988,000. The Reserve fund is to be <br /> contractually distributed equally to the two school systems with Chapel Hill <br /> Carrboro City Schools receiving $494,000 and Orange County Schools receiving <br /> $494,000 to address school safety and health needs. <br />