Orange County NC Website
10) Homestead Exemption - Support revisions to the <br /> Homestead Exemption provisions of the Machinery Act to: <br /> a) provide greater opportunities for low-income <br /> seniors to remain in their homes and not be <br /> displaced due to property tax burdens by <br /> approving a one-time ten percent (100) increase <br /> in the base income qualification standard; and <br /> maintaining the current provisions which increase <br /> the income qualification standard each year based <br /> on any cost-of-living adjustment made to the <br /> benefits under Titles II and XVI of the Social <br /> Security Act for the preceding calendar year; and <br /> b) diminish the discriminatory features of the <br /> current exemption provisions relating to married <br /> couples by establishing graduated income <br /> qualification standards for single individuals <br /> versus married couples; <br /> 11) Sales Tax Distribution Formula - Support legislation <br /> directing that all sales tax be distributed on a per <br /> capita basis as it is fair and more equitable for <br /> counties with less economic development as compared to <br /> the point of delivery basis . The UNC School of <br /> Government has indicated that a per capita basis tax <br /> "would indeed be a more even distribution of LOST <br /> revenue across the state"; <br />