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w_ <br /> RESOURCES <br /> 1St Yr. Total 1st <br /> Annual (1) Adjustment (2) 0_ niy <br /> Carrboro 5,900 900 6,800 <br /> Chapel Hill 17,400 2,600 20,000 <br /> Hillsborough 2,100 0 2,100 <br /> Orange County 94,600 3,500) 91 ,100 <br /> Total Resources 120,000 0 120,000 <br /> Notes: <br /> r . <br /> 1 . From table (3) below except Hillsborough is reduced by crediting $550 for <br /> Chapel Hill and Carrboro collections points. Cost ($11 ,000) multiplied by per <br /> = ment (12.6) of total municipal Fulls and per cent (40.9) of Hillsborough <br /> -tax'-on Muni ipal bill. <br /> 2. 15% is added to Carrboro and Chapel Hill as an arbitrary reimbursement for <br /> start up co is related to computer hardware and software and unsecured delin- <br /> quent tax activities necessary and unique to Chapel Hill and Carrboro partic- <br /> ipation. <br /> 3. Illustrative costs based on 1977-78 figures. <br /> (a) (b) (c) (d) (e) <br /> % Tax is of Cost Total Total <br /> t' Tax/$100 Consolidated Bill Per Hills Charge <br /> Bill To Unit <br /> Carrboro $ 1 .10 51.5% 1.85 3,200 5,920 <br /> Chapel Hill 1.12 52.0% 1 .87 9,300 17,391 <br /> Hillsboroug .54 40.9% 1.47 1 ,800 2,646 <br /> (a) Curren Tax Rate. <br /> (b) Consolidated bill 'includes current County Collections of $1 .035 in <br /> Chapel Hill and Carrboro (includes School District) and .78 in <br /> Hillsb rough. <br /> (c) $120,000 total budget divided by 33,400 total bills multiplied by <br /> Per cent of municipal tax on bill (column 2). <br /> (d) Estimat d by Towns. <br /> (e) Columns (c) X (d) . <br />