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2 <br />sales-tax-cap on business machinery, repealing a tax <br />credit for cigarettes manufactured in North Carolina but i <br />~, <br />.:sold overseas, and eliminating an interest expense I~ <br />deduction for banks; ' <br />4) Support legislation to reinstitute State funding of local <br />school system utility costs; <br />5) Support legislation to allow all counties to enact <br />various revenue options, .with optional local referenda, <br />that have already been authorized for counties in other <br />parts of the State, including real estate transfer taxes, <br />impact taxes for .school facilities and. other <br />infrastructure, prepared meals taxes and occupancy taxes; <br />6) Support legislation to assure that the Public School <br />.Capital Building Fund disbursements (which for FY 2002-03 - <br />were estimated to have been $794,000 for Orange County <br />had they not .been withheld by the: state) continue to be <br />made on behalf of Local, Education Agencies (LEAs) to <br />address pressing capital needs in the next and future <br />..fiscal years; <br />7) Support the North Carolina Association of County <br />Commissioners (NCACC) and North Carolina League of <br />Municipalities (NCLM) positions .:regarding. state <br />government reimbursements to local governments.; <br />2 <br />I <br />