Orange County NC Website
ESTIMATED TAX RATE IMPACTS <br />Hypothetical Tax <br />Figures reflect total amount <br />of Counter appropriation originally <br />requested by each school system in <br />1990- 91 budget <br />+� <br />All continuation and first 50 of <br />additional continuation funding is <br />covered by regular County appropriation <br />Existing CHOOS 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 />