Orange County NC Website
ESTIMATED TAX RATE IMPACTS <br />Hypothetical Tax <br />• Figures reflect total amount <br />of County appropriation originally <br />requested by each school system in <br />1990- 91 budget <br />All continuation and additional <br />continuation funding is covered by <br />regular County appropriation <br />Existing CHCS base tax revenue <br />at the present rate of 17.75 cents <br />per $100 valuation <br />• <br />Estimated tax base for district <br />tax is same as that estimated for <br />County general ad valorem tax in <br />1990- 91 budget <br />One cent on hypothetical tax rate <br />generates $357,210 <br />Tax rate measured in cents per $100 <br />valuation <br />