Orange County NC Website
General Fund Budget (mil.) <br />Revenue Expense <br />$300 <br />$280 <br />$260 <br />$240 <br />$220 <br />$200 <br />$180 <br />$160 <br />$140 <br />$120 <br />04 06 08 10 12 14 16 18 20 22 24 26 28 <br />$20 Annual Shortfall <br />$10 <br />$0 <br />($10) <br />($20) <br />($30) <br />• If property tax rate remains at current <br />level, operating cost trends, together with <br />loss of impact fees and higher debt <br />service, would create an average $11M <br />annual structural imbalance that would <br />require higher property tax rates and /or <br />expenditure reductions to resolve <br />