Orange County NC Website
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gislature <br />Face? <br />The projected 2011-12 issues: <br />^ Summary: Static budget gap going into 2011-2012 of <br />$2.7 recently to $4.3 billion. <br />^ Governor Perdue's budget passes $93.2 million of costs <br />for education related expenses to the Counties. <br />(Source: NC Association of County Commissioners, various <br />news organizations) <br />What Do The State Problems Mean to <br />Local Government? <br />^ Expect "transformational" government at the State level <br />^ Everything will be on the table <br />^ Local Revenue Options -Sales tax, Hold Harmless <br />^ Cuts (15%) /New Taxes /Tax Reform <br />^ Potential loss of 10,000+ state jobs <br />^ Retirement System <br />(Source: NC Association of County Commissioners) 8 <br />4 <br />