Orange County NC Website
41 <br />Guiding Principles <br />• The county revenue base should be broad and balanced, <br />with authority to raise revenues from various sources, rath- <br />er than being overly reliant on any single revenue source or <br />overly burdensome on any one group of taxpayers. <br />• The Association opposes the redistribution of existing rev- <br />enues; distribution of new tax sources should assess local <br />needs, local funding efforts, and local funding capability. <br />• Any restructuring of county responsibilities should include <br />restructuring of local revenue sources to meet those respon- <br />sibilities. <br />• Counties should have the authority to generate optional rev- <br />enues to meet public service needs, while being responsive <br />to economic change. <br />• If statewide policy objectives result in reductions in local tax <br />bases, the Legislature should reimburse county and munici- <br />pal losses from state sources. <br />• Existing local revenue base exemptions and exclusions <br />should be evaluated to see whether they have achieved the <br />intended tax policy objectives. New or extended exemptions <br />and exclusions should include a "sunset" date in their autho- <br />rizing legislation. <br />Goals <br />TF -1: Oppose unfunded mandates and shifts of state re- <br />sponsibilities to counties. <br />TF -2: Support legislation to grow North Carolina's statewide <br />economy through sound state investments, including public <br />infrastructure funding, competitive incentives, and coordi- <br />nated efforts with county economic development services. <br />a) Adopt new approaches to economic development in- <br />centives to include rural counties <br />