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4 <br />3. 15% will be allocated equally to improve Library and Emergency Medical Services over a <br />five-year period; and <br />WHEREAS, if additional funding does not come from the one-quarter cent sales and use tax, <br />the property tax will remain the principal funding source available for public schools, economic <br />development initiatives, and library and emergency medical services; and <br />WHEREAS, to distinguish and separate the revenues generated by the one-quarter cent sales <br />and use tax, if approved by Orange County voters, a Special Revenue Fund will be established <br />to receive and account for the sales and use tax revenue, with the funds remaining separate <br />from the County's General Fund to allow more accurate tracking of revenues and expenditures <br />in accordance with the initial five year allocation plan outlined within this resolution; and <br />WHEREAS, the Orange County Board of Commissioners strongly asserts its aim to use the <br />revenues from the Article 46 one-quarter cent sales and use tax, if approved by the voters, for <br />the needs thus stated for a period of five years, with a scheduled implementation date of April 1, <br />2011; <br />NOW, THEREFORE, BE IT RESOLVED THAT the Orange County Board of Commissioners <br />without reservation urges all Orange County voters to seize the opportunity presented on the <br />November 2, 2010 ballot to vote FOR the local sales and use tax at the rate of one-quarter <br />percent in addition to all other state and local sales and use taxes in Orange County. <br />BE IT FURTHER RESOLVED THAT the Orange County Board of Commissioners sincerely <br />calls upon the elected boards of the Towns of Chapel Hill, Carrboro, and Hillsborough and the <br />Chapel Hill Carrboro City Schools and Orange County Schools Boards of Education to adopt <br />similar resolutions urging resident voters to also avail themselves of the opportunity to vote FOR <br />the local sales and use tax on the November 2, 2010 general election ballot. <br />This the 5th day of October, 2010. <br />Valerie Foushee, Chair <br />Orange County Board of Commissioners <br />