Orange County NC Website
<br />~~~~ ~~~ <br />A~rfoN ~~i~~~ 1T~f~ 1"'1~ I ~~~ <br />l~ee~ing ~~e: Aprfl ~, ~~~ ~ <br />A~ofion Agenda <br />~~ern h~o~ <br />UBJ~~'~ vl~ork Session fo discuss f~ropased Uses of Funds i:ron~ a f~over~f~er 8, ~0~~ <br />Special Advisory Referendum Concerning the fwevy of a One-uar~er en# <br />1~ ~ounf Sales and Use Tax <br />p~~~f~T~IEN~'~ Manager f=financial Services PUBf,I HEARING ~Y~h~} Yes <br />ATT~O~fEN~`~~: <br />A~#ahren~ ~: Ural Resolution <br />Regarding Uses of <br />f'oten~iaf Revenues from <br />a One~~uar~erjent <br />~~~4} Coun#y Sales and <br />Use Tai <br />~~FoRi~ATIO~V oNTA~T: <br />Frank iiften, bounty fl~anager# <br />~~2300 <br />Clarence rier~ Financial Services, <br />fichael Talf~erf:~ Finanoiaf Services, <br />PUff~oSE: To consider ar~d discuss. <br />~, Pubiio input received of the April ~~~ public hearing on potential uses for a One» <br />quarter Oen# {~14} Oounty additional Sales and Use Tax} <br />~. Board priorities and a f~raft Resoiutivn regarding uses of a potentiaf revenues from a <br />One-C~uarter Genf ~~I~~~ County additional Sales and Use Tai; <br />. Rubfic educa#ion efforts fo ensure vo#ers ire ftnou~ledgeable regarding the balfof question <br />in the resolution <br />BA~ROU~lDt f_acl governments in forth Oarolina have hisforCcalfy refied heavily upon ad <br />vaforem property taxes s their rnajor source of revenue For a r~un~ber of years, tf~e Orange <br />bounty Board of Counfy Oor~n~issioners, the hlor~h arofina Association of our~ty <br />Cornrr~issioners and many other focal governing hoards across the state loff~ie~ the North <br />Carofin General Asserr~bly for legislative authority to expand counties' revenue options, <br />theref~y lessening nounties~ reliance on propertytaxes. <br />f~uring the 00~ legislative session, tl~e North Carolina General Assembly granted county <br />boards of commissioners fhe authority fa levy, sub~eef to voter approval, an additional one <br />quaver cenf {~14~} county sales and use tax referred to s #be Aricfe ~ safes and use tax. As <br />authorised by tfe Oeneraf Assembly, tf~e Af~icfe ~ safes tax cannot apply to consumer food <br />