Orange County NC Website
� <br />Resolution ofIntent to Adopt the 2007-08 Orange County Budget <br />3) The total current expense appropriation for Schools ie$53'783.744. The appropriation tnthe <br />Chapel Hi||-Cerrbono City Schools io$33.121.357 and the appropriation to the Orange County <br />Schools ia$2O.M72,387. The per pupil allocation io approved ot$3'OO9. <br />' <br />4\ The recurring capital outlay for both school districts is $2,400,000 and is hereby-appropriated <br />$1,45O.480 for Chapel Hi||-CarrbonJ City Schools for recurring capital. There is hereby allocated <br />$941'52O for Orange County Schools for recurring capital. <br />5\ The County's ad valorem contribution to Chapel Hill Carrboro City Schools and Orange County <br />Schools totals $84'528.S87o[4O.7%nf the County's total General Fund budget of$173'824,35. <br />This includes funding for Current Expense, Recurring and Long-Range Capital, Debt Service, Fair <br />Funding, School Health Nurses, School Social Workers and School Resource Officers. <br />G\ The Ad Valorem property tax rate shall be set at 95 cents per $100 of assessed valuation, an <br />increase of 4.7 cents over the fiscal year 2006-07 rate of 90.3 cents. <br />7) The Chapel Hill-Carrboro City School District Tax shall be set at 20.35 cents per $100 of assessed <br />valuation, aO increase of1.5 cents over the fiscal year 2O0O-O7 rate of18.85 cents per $1OO <br />assessed valuation. The Chapel Hill-Carrboro Board of Education's 2007-08 requested budget <br />included 8 25.95 cent increase in the special district tax rate. <br />O\ The Fire District tax rates shall be set 8t the following rates (all rates are based oncents per $1OOof <br />assessed valuation): <br />• <br />Cedar Grove <br />7,30 <br />• <br />Chapel Hill <br />1.90 <br />• <br />Damascus <br />5.00 <br />Eno <br />5.70 <br />• <br />Little River <br />4.60 <br />• <br />New Hope <br />6.75 <br />• <br />Orange Grove <br />3.90 <br />• <br />Orange Rural <br />5.60 <br />• <br />South Orange <br />9.50 <br />• <br />Southern Triangle <br />5.00 <br />0 <br />White Cross <br />5.00 <br />* <br />3 percent Cost of Living increase effective July 1, 2007 for permanent employees <br />w |n-range salary increases ranging from 1 to 2 percent for employees xvhooa vvod« <br />performance is rated proficient or higher effective on the employees' performance review <br />data <br />� $2.50 increase in County 401 /k\ contribution for non-sworn law enforcement employees <br />from $25 to $27.50 per pay period. effective July 1, 2007 <br />Page 3 of 4 <br />