Orange County NC Website
2 <br />The fire districts present at tonight's work session who have requested a tax rate increase are <br />the following: <br />New Hope Fire District (Page 20-3). - 2.00 cents increase, going from 6.95 cents to <br />8.95 cents per $100 assessed valuation. This increase will generate an additional <br />$110,260 in revenue for the district. <br />• Orange Grove Fire District (Page 20-4) - 0.50 cents increase, going from 3.58 cents to <br />4.08 cents per $100 assessed valuation. This increase will generate an additional <br />$37,318 in revenue for the district. <br />Orange Rural Fire District (Page 20-4) -the Board of County Commissioners approved <br />a 1.00 cent tax increase, from 5.36 to 6.36 cents per $100 assessed valuation for FY <br />2010-11 only'for the construction of fire station #3. Instead of going back to the 5.36 <br />cent rate, the district requested a 0.25 cent increase, to 5.61 cents for FY 2011-12. This <br />increase will generate an additional $30,106 in revenue for the district. Also, the district <br />requested an appropriation of $60,189 from their available fund balance; which is <br />included in the Manager Recommended budget for FY 2011-12. The district's fund <br />balance at June 30, 2011 is estimated to be approximately $89,000. <br />• White Cross Fire District (Page 20-5) - 1.00 cent increase, going from 6.00 cents to <br />7.00 cents per $100 assessed valuation. This increase will generate an additional <br />$36,473 in revenue for the district. <br />FINANCIAL IMPACT: Included in the Background Section above. <br />RECOMMENDATION(S): Based upon prior direction from the County Commissioners, to <br />avoid increasing property taxes, the FY 11-12 Budget does not recommend raising taxes for <br />any county services. Once the Fire Districts have presented their justifications for requesting <br />tax increases, the County Commissioners should determine the appropriate action and give <br />direction to county staff with regards to FY11-12 Fire District tax rates. <br />