Orange County NC Website
DISTRIBUTION ALTERNATIVES <br /> (f) Per Capita method defined. <br /> The net proceeds of the tax collected in the County shall be <br /> divided between the county and municipalities therein upon a <br /> per capita basis according to the total population of the <br /> county, plus the total population of the municipalities <br /> therein; provided, however, that "total population" of a <br /> municipality lying within more than one county shall be only <br /> that part of its population which lies within the taxing <br /> county. For this purpose, the County Finance Director shall <br /> determine a per capita figure by dividing the net proceeds <br /> of the tax collected under this Article for the preceding <br /> quarter by the total population of the county plus the total <br /> population of all municipalities therein according to the <br /> most recent annual estimates of population as certified by <br /> the State Budget Officer. The per capita figure thus <br /> derived shall be multiplied by the population of the county <br /> and each respective municipality therein according to the <br /> most recent annual estimates of population as certified by <br /> the State Budget Officer, and each respective product shall <br /> be the amount to be distributed to the county and to each <br /> municipality therein. <br /> (f) Ad Valorem method defined. <br /> The net proceeds of the tax collected in the county shall be <br /> divided between the county and the municipalities therein in <br /> proportion to the total amount of ad valorem taxes levied by <br /> 1 <br />