Orange County NC Website
16 <br /> 1 <br /> 2 A motion was made by Commissioner Dorosin to move $800,000 from the Orange <br /> 3 County Reserve Fund for additional school financing. He received no second. <br /> 4 Motion failed. <br /> 5 <br /> 6 A motion was made by Commissioner Burroughs, seconded by Commissioner Dorosin <br /> 7 to use $400,000 from the Orange County Reserve Funds for schools. <br /> 8 <br /> 9 VOTE: Ayes, 4 (Chair McKee, Commissioner Burroughs, Commissioner Dorosin, <br /> 10 Commissioner Pelissier); Nayes, 3 (Commissioner Jacobs, Commissioner Rich, and <br /> 11 Commissioner Price) <br /> 12 <br /> 13 Tax Rate Decisions <br /> 14 i. Ad Valorem Tax—would remain the same at 87.8 cents <br /> 15 ii. Chapel Hill Carrboro City Schools Special District Tax- no change <br /> 16 iii. Fire District Tax Rates <br /> 17 <br /> 18 A motion was made by Commissioner Jacobs, seconded by Commissioner Dorosin to <br /> 19 approve the increases in the fire district tax rates for Damascus, Southern Triangle Fire Service <br /> 20 District, and Orange Rural. <br /> 21 <br /> 22 VOTE: UNANIMOUS <br /> 23 <br /> 24 3. Break (to allow Finance and Administrative Services to formulate Draft Resolution <br /> 25 of Intent to Adopt FY 2015-16 Budget) <br /> 26 <br /> 27 The Board broke at 11:18pm, and resumed at 11:55pm. <br /> 28 <br /> 29 4. Resolution of Intent to Adopt FY 2015-16 Annual Operating Budget <br /> 30 Paul Laughton reviewed the following information: <br /> 31 <br /> 32 Resolution of Intent to Adopt the 2015-16 <br /> 33 Orange County Budget <br /> 34 <br /> 35 The items outlined below summarize decisions that the Board acted upon June 11, 2015 in <br /> 36 approving the FY2015-16 Orange County Annual Operating Budget. <br /> 37 <br /> 38 WHEREAS, the Orange County Board of Commissioners has considered the Orange County <br /> 39 2015-16 Manager's Recommended Budget; and <br /> 40 <br /> 41 WHEREAS, the Commissioners have agreed on certain modifications to the Manager's <br /> 42 Recommended Budget as presented in the 2015-16 County Manager's Recommended Budget <br /> 43 on May 19, 2015; <br /> 44 <br /> 45 NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners <br /> 46 expresses its intent to adopt the 2015-16 Orange County Budget Ordinance on Tuesday, June <br /> 47 16, 2015, based on the following stipulations: <br /> 48 <br /> 49 1) Property Tax Rates <br /> 50 <br />