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RES- 2018 -042 <br />Resolution of Intent to Adopt the 2018-19 <br />Orange County Budget <br />The items outlined below summarize decisions that the Board acted upon June 12, 2018 in approving the <br />FY2018 -19 Orange County Annual Operating Budget. <br />WHEREAS, the Orange County Board of Commissioners has considered the Orange County FY2018 -19 <br />Manager's Recommended Budget; and <br />WHEREAS, the Commissioners have agreed on certain modifications to the Manager's Recommended <br />Budget as presented in the FY2018 -19 County Manager's Recommended Budget on May 1, 2018; <br />NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners expresses its <br />intent to adopt the FY2018 -19 Orange County Budget Ordinance on Tuesday, June 19, 2018, based on <br />the following stipulations- <br />1) Property Tax Rates <br />a) The ad valorem property tax rate shall be set at 85.04 cents per $100 of assessed valuation. <br />b) The Chapel Hill- Carrboro City Schools District Tax shall be set at 20.18 cents per $100 of <br />assessed valuation. <br />c) The Fire District and Fire Service District tax rates shall be set at the following rates (all rates are <br />based on cents per $100 of assessed valuation)- <br />• <br />Cedar Grove <br />8.10 <br />• <br />Greater Chapel Hill Fire Service District <br />14.91 <br />• <br />Damascus <br />10.30 <br />• <br />Efland <br />6.78 <br />• <br />Eno <br />9.68 <br />• <br />Little River <br />5.92 <br />• <br />New Hope <br />9.94 <br />• <br />Orange Grove <br />6.81 <br />• <br />Orange Rural <br />9.15 <br />• <br />South Orange Fire Service District <br />9.68 <br />• <br />Southern Triangle Fire Service District <br />10.30 <br />• <br />White Cross <br />11.37 <br />Page 1 of 4 <br />