Orange County NC Website
66 <br /> EXPLANATION OF TERMS AND DATA SOURCES <br /> SECTION I - BASIC DATA <br /> Proiect Name- Name of the proposed development. <br /> Townshliv -Township in which project is located. <br /> t School istrict- School district in which project is located. <br /> istri <br /> 0 Rate - Unless an inflation rate is entered, the template will calculate fiscal impacts based on <br /> co mance,department mu t be <br /> dollars. Since the hiflation rate changes from month to month, the f <br /> Id for the most recent figures. Example-2.90 <br /> County 'Annual Operating Expenditures - This figure represents all county FY '93-94 General Fund <br /> expenditures except for the following: <br /> 1) School Capital Flund Transfers $ 2,606,048 <br /> 2) County Capital Fund Transfers 1,170,428 <br /> 3) Debt Service 5,578,534 <br /> General Fund Expenditures $60,852,952 <br /> $ 51,497,942 <br /> Total L�Eaualized Real Property Value-This figure represents the aggregate county mark value of <br /> all coun taxpaying properties on which taxes are assessed. This includes residential, farm, vacant, <br /> Q�and industrial. Contact the tax assessor's offices for this figure. Example -$4,408,709,951. <br /> Total N r of Land Parcels-This figure represents the sum of all county properties on which taxes are <br /> assessed. Contact the tax assessor's office for this figure. Example- 40,129. <br /> Total N�inresidential Equalized Real Proverty Value-This figure represents the sum of the market value <br /> of all c "e-rd.-al and industrial properties. Contact the tax assessor's office for this figure. Example - <br /> $484,95 094. <br /> Total Number of Nonresidential Land Parcels - This figure represents the sum of commercial and <br /> ind tax-paying properties. Because apartment complexes demand services simila to residential <br /> us <br /> m rcels, ey are not included. Contact the tax assessor's office for this figure. Example- 1343. <br /> Real Pr Dertv (Market) Value of Proposed Develovm - This figure represents the total market value <br /> of the development._For an existing development,contact the tax assessor's office. Obtaining an accurate <br /> figure for a proposed development is more complicated and will vary according to the type of development <br /> and the Plaimed location. Example - $1,945,105. <br /> Perso ProDery Value of Proposed Develot)ment - This figure represents the total personal property <br /> value of�the development and is based on the listing of equipment and other personal property. After <br /> reviewing this list, the assessor's office calculates a total value based on rate of depreciation. For an <br />