Orange County NC Website
m <br />Equity achieved in 1992 -93 <br />Average annual CHCCS resident tax increase of 4.32 cents <br />Cumulative CHCCS resident tax increase of 38.87 cents <br />Average annual OCS resident tax increase of 6.29 cents <br />Cumulative OCS resident tax increase of 56.62 cents <br />Average annual increase in County CHCCS appropriation of <br />$1,991,276 <br />Average annual increase in County OCS appropriation of <br />$1,382,983 <br />Average annual increase in County per pupil funding of 10.98% <br />SPECIFIC ASSUMPTIONS - SCENARIO E <br />a) OCS district tax beginning in 1991 -92 increases at 2 <br />cents each year, capped at 10 cents <br />b) CHCCS tax rate increases at rate necessary to generate 6% <br />annual growth in CHCCS tax proceeds <br />c) County appropriation increases at historical average of <br />12.34% <br />d) No Countywide district tax <br />Equity increase of 1.40% <br />Short of equity by 2.96% by 1999 -2000 <br />Average annual CHCCS resident tax increase of 5.43 cents <br />Cumulative CHCCS resident tax increase of 48.84 cents <br />Average annual OCS resident tax increase of 5.92 cents <br />Cumulative OCS resident tax increase of 53.29 cents <br />Average annual increase in County CHCCS appropriation of <br />$1,593,970 <br />Average annual increase in County OCS appropriation of <br />$1,089,748 <br />Average annual increase in County per pupil funding of 9.10% <br />