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social safety net to address this. She noted that the state has also decreased the income tax, <br /> and there are gaps that need to be filled. <br /> Commissioner Price said she wanted to start lower and raise the tax incrementally if <br /> needed next year. She said there are already people leaving the County due to the expense of <br /> living here. <br /> Chair Jacobs said there is not a lot of difference in the 1.75 cent and 2 cent tax increase, <br /> but he does understand the psychological implications. He thinks the County has been very <br /> responsive to the economy and the residents on fixed incomes. He said he is still inclined to <br /> suggest a 2 cent increase on the property tax, and he would not utilize more than $955,000 of <br /> fund balance. <br /> VOTE: Ayes, 2 (Commissioner Price and Commissioner McKee); Nays 5 (Chair Jacobs, <br /> Commissioner porosin, Commissioner Gordon, Commissioner Pelissier, Commissioner Rich) <br /> Motion Fails. <br /> A motion was made by Commissioner Gordon, seconded by Commissioner Pelissier to <br /> raise the general property tax by 2 cents and take $955,000 from the fund balance to fund the <br /> schools. <br /> Commissioner Rich made a friendly amendment and suggested leaving $1 million in the <br /> fund balance and only taking out $911,124 from the fund balance. <br /> Commissioner Gordon accepted the friendly amendment, and Commissioner Pelissier <br /> seconded and thus amended her original motion to only use $911,124 for fund balance, along <br /> with 2 cent increase. <br /> Commissioner McKee said he would vote against the proposed 2 cent tax rate increase, <br /> as he feels this extra .25 cents will generate very little money, but it will cross a psychological <br /> barrier for many residents. <br /> Commissioner Price agreed with Commissioner McKee. <br /> VOTE: Ayes, 5 (Chair Jacobs, Commissioner porosin, Commissioner Gordon, Commissioner <br /> Pelissier, Commissioner Rich); Nays, 2 (Commissioner Price and Commissioner McKee) <br /> Decision Point 4 <br /> Tax Rate Decisions <br /> • Ad Valorem Tax Rate <br /> Clarence Grier said the new tax rate would increase to 87.8 cents per $100 of assessed <br /> valuation. <br /> • Chapel Hill Carrboro City Schools Special District Tax Rate <br /> Commissioner Pelissier and Commissioner McKee suggested leaving the district tax the <br /> same. <br /> Commissioner Rich would like to increase the rate. <br /> The majority of the Board agreed to leave this tax the same. <br /> • Fire District Tax Rates <br />