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• To Raise the Same Amount of Money, the Property Tax Rate Would Have to Increase <br /> 1.7 Cents <br /> When? <br /> • If Approved, the 1/4¢ Sales and Use Tax Will Begin April 1, 2012 at the Earliest <br /> • There is a 10-Year Commitment to Use Funds for Schools and Economic Development <br /> What Can You Do? <br /> • Vote on Tuesday, November 8th! <br /> • The Wording for the Proposed 1/4¢ Sales Tax on the Tuesday, November 8th Ballot Will <br /> Be: <br /> — For or Against: Local Sales and Use Tax at the Rate of One-Quarter Percent <br /> (0.25%) in Addition to All Other State and Local Sales and Use Taxes <br /> Jamezetta Bedford said that with the prior attempt for this referendum last year, it was <br /> about$25.00 per household per year and she asked if these figures have been run for this <br /> referendum. Gwen Harvey said that this has not been done this time. <br /> Clarence Grier said that they are in the process of updating this information. His <br /> recollection is that it is close to $25.00 per household per year. <br /> Chair Pelissier asked the school system about the uses for capital needs if the <br /> referendum passed. <br /> Commissioner Hemminger said that she is working on the public education campaign <br /> and she asked both school boards if they had the figure for each district of how much funding <br /> was cut by the State. <br /> Mia Burroughs said that the State has cut$5.75 million from CHCCS. <br /> Superintendent Rhodes said that for OCS the figure is $2 million. <br /> Proposed uses for fundinq: <br /> CHCCS Chair Jamezetta Bedford said that they were focusing on some of the older <br /> schools and these were part of their CIP anyway. She said that for all of the schools they need <br /> to work on Information Technology issues. <br /> Donna Coffey said that the OCS would cover some of the same areas - significant <br /> investment in technology, investment in the older schools, and green projects. There are also <br /> some safety issues that need to be addressed. <br /> 2. Chapel Hill-Carrboro City Schools (CHCCS) — Overview of Approved FY2011-12 <br /> Budqet <br /> CHCCS Support Administrator Todd Lofriese made a PowerPoint presentation. <br /> ■ 2011-12 Budget Summary <br /> September 22, 2011 <br /> ■ Mandates and Continuations <br /> State Mandates <br /> ■ Increase in employee health insurance $ 1,500 <br /> ■ Increase in employer state retirement match $ 447,392 <br />