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14 <br /> Break occurred and Meeting resumed at 9:58 p.m. <br /> 5. Resolution of Intent to Adopt FY2017-18 Annual Operating Budget <br /> • Approval of Resolution of Intent to Adopt FY2017-18 Annual Operating Budget at <br /> the Board of County Commissioners Regular Meeting on June 20, 2017 <br /> Paul Laughton summarized this document. <br /> Commissioner Jacobs asked Paul Laughton if he would add an * to those positions that <br /> fund themselves. <br /> Resolution of Intent to Adopt the 2017-18 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 15, 2017 in <br /> approving the FY2017-18 Orange County Annual Operating Budget. <br /> WHEREAS, the Orange County Board of Commissioners has considered the Orange County <br /> FY2017-18 Manager's Recommended Budget; and <br /> WHEREAS, the Commissioners have agreed on certain modifications to the Manager's <br /> Recommended Budget as presented in the FY2017-18 County Manager's Recommended <br /> Budget on May 2, 2017; <br /> NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners <br /> expresses its intent to adopt the FY2017-18 Orange County Budget Ordinance on Tuesday, <br /> June 20, 2017, based on the following stipulations: <br /> 1) Property Tax Rates <br /> a) The ad valorem property tax rate shall be set at 83.77 cents per $100 of assessed <br /> valuation. <br /> b) The Chapel Hill-Carrboro City Schools District Tax shall be set at 20.08 cents per <br /> $100 of assessed valuation. <br /> c) The Fire District and Fire Service District tax rates shall be set at the following rates <br /> (all rates are based on cents per $100 of assessed valuation): <br /> • Cedar Grove 8.10 <br /> • Greater Chapel Hill Fire Service District 14.91 <br /> • Damascus 10.30 <br /> • Efland 6.78 <br /> • Eno 8.68 <br /> • Little River 4.92 <br />