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Orange County: Buckhorn Village <br />Throughout this report, comparisons are made between Orange County and a group of <br />counties similar in geographic location, economy, or position to a core urban area. Chatham, <br />Durham, Alamance, and Wake Counties are compared because they are adjacent to Orange <br />County and, therefore, share a workforce and a local economy. Johnston, and Cabarrus Counties <br />are included because they are similarly situated to core urban areas. Johnston County is adjacent <br />to Wake County and Cabarrus County is adjacent to Mecklenburg County. <br />Orange County is located on I-8S and I-40 in the Triangle region of North Carolina. The <br />County seat is Hillsborough and other incorporated municipalities include Carrboro, Chapel Hill, <br />and small parts of Durham (also in Durham County) and Mebane (also in Alamance County). <br />Total County population is estimated to be 124,599 in 2007. <br />Population <br />Coun 2000 2006 2007 st. <br />Oran e 11S,S37 123,766 124,599 <br />Alamance L30,794 139,789 144,506 <br />Chatham 49,334 57,707 59,765 <br />Durham 223,306 246;824 254,733 <br />Wake 627,865 790,007 811,478 <br />Cabarrus 131,030 157,179 159,612 <br />Johnston 121,900 1 S 1,589 1 SS,9S4 <br />Source: NC State Data Center, 2006 Certified Population Estimates, CIS Census, ESRI <br />Property Tax .Impact <br />The tables below show various projected property tax revenue impacts of the Buckhorn <br />Village project on Orange County. The information to conduct the analysis was gathered from <br />Orange County and East West Partners, the project development group. The figures will change <br />if the scope of the project is changed but the same methodology can be used to develop estimates <br />based on the new information. <br /> <br />Sanford Holshouser 6 <br />