Orange County NC Website
The charts show revenues and expenses for the Orange Bus and Rail <br />Investment Plan for FY14. The revenues to fund the Transit Plan include <br />a one -half cent sales tax, a $7 County Vehicle Registration Tax and the <br />Regional Vehicle Rental Tax. Expenditures include bus services, light rail <br />project development and administration. <br />Orange County Expenditures <br />a <br />C <br />Orange County Revenues ** <br />Administration n $54,848 <br />$7 Vehicle Registration Fee A $565,560 <br />Bus Services* O $530,100 <br />Rental Car Taxes �� _ $476,437 <br />Light Rail Development O $2,008,215 <br />Sales Tax O $6,559,793 <br />*During FY14, bus expenditures totaled $353,400f or CHT and $176,700 for Triangle Transit. In FY15, 64% of bus service <br />expenditures will go to CHT, 12% to OPT and 24% to Triangle Transit. <br />** FY14 revenue shown excludes interest on investments of $4,551; FY 14 Ending Reserves <br />total $6,125,407 (FY13 $1,112,229; FY14 $5,013,178). These reserves will be <br />used for services and capital projects identified in the "Next Steps" <br />section of this report. <br />