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VOTE: UNANIMOUS <br />6. Public Hearings -NONE <br />7. Reaular Aaenda <br />- .ao la - X761 <br />155 - _26 1 I <br />7a- <br />a. Approval of Fiscal Year 2010 -11 Budget Ordinance, Grant Project Ordinances <br />and Fee Schedule <br />The Board considered approving the Fiscal Year 2010 -11 Budget Ordinance, Grant <br />Project Ordinance, and County Fee Schedule. <br />There were two charts at the County Commissioners' places for this item. <br />Financial Services Director Clarence Grier said that this item is to take action on the <br />formal decisions. <br />A motion was made by Commissioner Jacobs, seconded by Commissioner Hemminger <br />to approve the Resolution to Adopt the 2010 -11 Orange County Budget. <br />Resolution to Adopt the 2010 -11 <br />Orange County Budget <br />The items outlined below summarize decisions that the Board acted upon June 8, 2010 in <br />approving the FY2010 -11 Resolution of Intent to adopt the Orange County Annual Operating <br />Budget. <br />WHEREAS, the Orange County Board of Commissioners has considered the Orange County <br />2010 -11 Manager's Recommended Budget; and <br />WHEREAS, the Commissioners have agreed on certain modifications to the Manager's <br />Recommended Budget as presented in the 2010 -11 County Manager's Recommended Budget <br />on May 18, 2010; <br />NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners <br />expresses its intent to adopt the 2010 -11 Orange County Budget Ordinance on Tuesday, June <br />15, 2010, based on the following stipulations: <br />1) Property Tax Rates <br />a) The ad valorem property tax rate shall be set at 85.8 cents per $100 of assessed <br />valuation. <br />b) The Chapel Hill - Carrboro City Schools District Tax shall be set at 18.84 cents per <br />$100 of assessed valuation. <br />c) The Fire District tax rates shall be set at the following rates (all rates are based on <br />cents per $100 of assessed valuation): <br />• Cedar Grove <br />7.36 <br />• Chapel Hill <br />7.50 <br />• Damascus <br />5.00 <br />