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RES-2016-047 Attachment 1 <br /> Resolution of Intent to Adopt the 2016-17 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 16, 2016 in approving the <br /> FY2016-17 Orange County Annual Operating Budget. <br /> WHEREAS, the Orange County Board of Commissioners has considered the Orange County FY2016-17 <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 FY2016-17 County Manager's Recommended Budget on May 5, 2016; <br /> NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners expresses its <br /> intent to adopt the FY2016-17 Orange County Budget Ordinance on Tuesday, June 21, 2016, based on <br /> the 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 10.45 <br /> • Orange Grove 7.00 <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 6 <br />