Orange County NC Website
<br />FINA11~C1~41~ I1PAT': there i no financial impact associated vii#h hafding publio hearing on <br />potential uses for a ne~~uarter dent ~~1~4~} noun#y ~ and Case lax. <br />If a rna~ori#y of voters approve the sales #a~t, and the Board of ornrnisioner in~plen~en# #ho <br />sales tax as soon affer the November ~, ~ ~ referendum as possible, ~# couid have an <br />effec#i~re da#~ of April ~ ~ ~~~. Approximately ,000 ~rould be generated during the <br />rerr~ainderllast quarter of FY 20~ ~ ~~ . As n add i#ional revenue source in the follo~ring years, <br />the sales and use taxv~rould generate approxin~atel~ ~,OO,ooo annually forthe ~ounty~ <br />~~~l~I~~N~ATiN{}; ~fhe Manager recorn~ends the Board: <br />~ } Revie and discuss proposed uses of the potential sales #a~c revenues; <br />~~ Provide any direction to #aff in prepara#ion for the Board's ac#ion as <br />appropriate be considered at the Aprii ~8, ~~ ~ regular meeting <br />} Provide direr#ion to s#aff on next steps relating to any public educa#ion <br />efforts #o ensure voters are knovtiriedgeable regarding the ballot goes#ion in <br />the resolution. <br />