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Bonnie Hammersley clarified that the fund balance is what is left over from the budget <br /> at the end of the year and the monies in question here are the reserves. <br /> Chair McKee asked if this motion passes and there is an additional motion for more <br /> funding, that those funds would come from the reserves. <br /> Bonnie Hammersley said yes. <br /> Bonnie Hammersley said salary savings are part of the fund balance. <br /> Chair McKee said he supported this motion, but would have concern using the <br /> reserves. <br /> VOTE: UNANIMOUS <br /> A motion was made by Commissioner Dorosin to move $800,000 from the Orange <br /> County Reserve Fund for additional school financing. He received no second. <br /> Motion failed. <br /> A motion was made by Commissioner Burroughs, seconded by Commissioner Dorosin <br /> to use $400,000 from the Orange County Reserve Funds for schools. <br /> VOTE: Ayes, 4 (Chair McKee, Commissioner Burroughs, Commissioner Dorosin, <br /> Commissioner Pelissier); Nayes, 3 (Commissioner Jacobs, Commissioner Rich, and <br /> Commissioner Price) <br /> • Tax Rate Decisions <br /> i. Ad Valorem Tax—would remain the same at 87.8 cents <br /> ii. Chapel Hill Carrboro City Schools Special District Tax- no change <br /> iii. Fire District Tax Rates <br /> A motion was made by Commissioner Jacobs, seconded by Commissioner Dorosin to <br /> approve the increases in the fire district tax rates for Damascus, Southern Triangle Fire <br /> Service District, and Orange Rural. <br /> VOTE: UNANIMOUS <br /> 3. Break (to allow Finance and Administrative Services to formulate Draft Resolution <br /> of Intent to Adopt FY 2015-16 Budget) <br /> The Board broke at 11:18pm, and resumed at 11:55pm. <br /> 4. Resolution of Intent to Adopt FY 2015-16 Annual Operating Budget <br /> Paul Laughton reviewed the following information: <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 <br /> approving the FY2015-16 Orange County Annual Operating Budget. <br /> WHEREAS, the Orange County Board of Commissioners has considered the Orange County <br /> 2015-16 Manager's Recommended Budget; and <br />