Orange County NC Website
Browse       Search
ORANGE COUNTY BOARD OF COMMISSIONERS <br /> A Resolution Supporting the November 2, 2010 One-Quarter Cent <br /> Sales Tax Referendum and Encouraging Orange County Voters to <br /> Utilize the Referendum as an Opportunity to Broaden and Diversify <br /> the County Tax Base <br /> WHEREAS, Orange County is confronted with significant economic development, public <br /> education, human and social needs caused by demand and expectations for service <br /> excellence; and <br /> WHEREAS, it is necessary to provide Orange County taxpayers with responsible alternatives to <br /> reliance upon the property tax to help address these and other concerns for community <br /> improvement and investment; and <br /> WHEREAS, the levy of an Article 46 one-quarter cent County sales and use tax would provide a <br /> new source of revenue and generate approximately $2,300,000 annually for the County; and <br /> WHEREAS, it is vital that Orange County establish a more robust environment for stimulating <br /> and sustaining existing business enterprises, new businesses, and jobs creation; and <br /> WHEREAS, it.is important and intentional that the County partner aggressively with the Towns <br /> of Chapel Hill, Carrboro, Hillsborough and the Cities of Durham and Mebane to shape these <br /> shared interests into economic reality; and <br /> WHEREAS, it is important for Orange County to meet public school needs in a way that reflects <br /> the community support for outstanding public education; and <br /> WHEREAS, quality Library Services and Emergency Medical Services further reflect the values <br /> of a caring and secure community; and <br /> WHEREAS, the Board of Commissioners has established a 5-year commitment to allocate <br /> Article 46 one-quarter cent county sales and use tax proceeds as follows: <br /> 1. 42.5% will be allocated in an equitable manner between the County's two school systems <br /> dedicated for the purpose of facility improvement at `older' schools within all of Orange <br /> County and the procurement of technology. Each school system will establish a list of <br /> prioritized needs for older-schools within the County. Funding provided by the passage of <br /> the referendum will be allocated to those prioritized projects. Progress will be evaluated <br /> annually and adjustments made according to needs agreed upon by the School Boards <br /> and the Board of County Commissioners. <br /> 2. 42.5% will be allocated to economic development efforts including funding infrastructure <br /> improvements needed to recruit new businesses and expand existing businesses; <br /> funding for business loans and grants to grow businesses in Orange County; targeted <br />