Orange County NC Website
<br />FY2018-19 Recommended Budget Assumptions <br /> <br /> Tax Growth = 3.0% <br /> Sales Tax Growth = 2.4% <br /> General Fund Reserve = 16% <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Commissioner McKee arrived at 7:08 p.m. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Phase In Tax Rate Increase $0.0142 to $0.8519 <br />$0.01 on county tax rate = $1,838,250 <br />$0.0142 on county tax rate = $2,610,315 <br />$0.01 on county tax rate = $1,838,250 <br />$0.0142 on county tax rate = $2,610,315 <br />$0.0142 Tax Rate Increase Impact <br />Property <br />Value <br />FY2017-18 <br />Tax Rate <br />($0.8377) <br />FY2018-19 <br />Tax Rate <br />($0.8519) <br />Increase <br />$100,000 $837.70 $851.90 $14.20 <br />$200,000 $1,675.40 $1,703.80 $28.40 <br />$300,000 $2,513.10 $2,555.70 $42.60 <br />$400,000 $3,350.80 $3,407.60 $56.80 <br />$500,000 $4,188.50 $4,259.50 $71.00 <br /> <br />FY2018-19 RECOMMENDED BUDGET REQUEST COMPILATION