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RES- 2015-034 <br /> Resolution of Intent to Adopt the 2015-16 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 11, 2015 in approving the <br /> FY2015-16 Orange County Annual Operating Budget. <br /> WHEREAS, the Orange County Board of Commissioners has considered the Orange County 2015-16 <br /> Manager's Recommended Budget; and <br /> WHEREAS, the Commissioners have agreed on certain modifications to the Manager's Recommended <br /> Budget as presented in the 2015-16 County Manager's Recommended Budget on May 19, 2015; <br /> NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners expresses its <br /> intent to adopt the 2015-16 Orange County Budget Ordinance on Tuesday, June 16, 2015, based on the <br /> following stipulations: <br /> 1) Property Tax Rates <br /> a) The ad valorem property tax rate shall be set at 87.8 cents per $100 of assessed valuation. <br /> b) The Chapel Hill-Carrboro City Schools District Tax shall be set at 20.84 cents per $100 of <br /> assessed valuation. <br /> c) The Fire District and Fire Service District tax rates shall be set at the following rates (all rates <br /> are based on cents per $100 of assessed valuation): <br /> • Cedar Grove 7.36 <br /> • Greater Chapel Hill Fire Service District 15.00 <br /> • Damascus 10.30 <br /> • Efland 7.00 <br /> • Eno 7.99 <br /> • Little River 4.06 <br /> • New Hope 9.95 <br /> • Orange Grove 6.00 <br /> • Orange Rural 8.36 <br /> • South Orange Fire Service District 10.00 <br /> • Southern Triangle Fire Service District 10.30 <br /> • White Cross 11.00 <br /> Page 1 of 5 <br />