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• <br /> 001 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Asignda <br /> Item No. <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: JULY 23, 1986 <br /> SUBJECT; LEVY OF ADDITIONAL ONE-HALF CENT SALES AND USE TAX <br /> DEPARTMENT: COUNTY MANAGER PUBLIC HEARING: X Yes No <br /> ATTACHMENT(S) : INFORMATION CONTACT: MANAGER'S <br /> OFFICE,X501 <br /> RATIFIED BILL <br /> TELEPHONE NUMBER: <br /> RESOLUTION Hillsborough - 732-8181 <br /> Chapel Hill - 968-4501 <br /> Mebane - 227-2031 <br /> Durham - 688-7331 <br /> PURPOSE: To receive public comment on question of whether or not to <br /> levy an additional one-half cent sales and use tax. <br /> NEED: The North Carolina General Assembly has amended the Supple- <br /> mental Locol Government Sales and Use Tax Act to afford <br /> counties and cities an opportunity to levy an additional one- <br /> half cent sales and use tax to obtain an added source of <br /> revenue with which to meet their growing financial needs and <br /> reduce their reliance on other revenues. Provisions of the <br /> ratified bill is attached. Additional information regarding / <br /> the one-half cent sales and use tax will be forwarded under <br /> separate cover. <br /> IMPACT: <br /> RECOMMENDATION(S) : <br /> As the Board decides. <br />