Orange County NC Website
- Would cost 7.6 cents on ad valorem tax rate <br />- Impact of this increase on a property owner with $200,000 in property would be $152 per <br />year. <br />To fully fund Chapel Hill Carrboro City Schools budget request increase of $6.8 million <br />- Per pupil equivalent of $3,510 - a per pupil increase of $553 <br />- Equates to $4.4 million increase for Orange County Schools <br />- Would cost 9.01 cents on ad valorem tax rate <br />- Impact of this increase on a property owner with $200,000 in property would be $180 per <br />year. <br />Debt Service <br />• County's obligation far debt increases by $4.6 million <br />- $2.2 million for partial year debt service on $59 million new debt authorized to construct <br />several new facilities including two schools, a technical community college satellite <br />campus, senior center, justice facility and soccer complex <br />- $2.4 million required to offset lass of Lottery proceeds previously dedicated to repay <br />school related debt service <br />Other Budget Highlights <br />• Recommended funding for Medicaid increases $545,436 <br />- Brings County's total Medicaid appropriation to $4,570,236 <br />• County Employee Pay and Benefits <br />- Majority of costs associated with recommended pay and benefits package offset by salary <br />savings <br />9.1 New County Staff Resources <br />- To comply with State mandates and staff new facilities <br />- Net County cost = $276,000 <br />Document Availability <br />Orange County Budget Office <br />- 208 South Cameron Street, Hillsborough <br />• Clerk to the Board <br />- 200 South Cameron Street, Hillsborough <br />• Public Libraries in Hillsborough, Chapel Hill, Carrboro and Cedar Grove <br />• County's website <br />- www.co.orange.nc.us <br />Budget Schedule <br />• Budget Public Hearings <br />- May 31, Superior Courtroom, Hillsborough <br />- June 4, Sonja Haynes Stone Center, UNC Campus, 150 South Raad, Chapel Hill <br />• Budget Wark Sessions <br />- June 5 -Southern Human Services Center <br />- June 7 -Link Government Services Center <br />