Orange County NC Website
Appve,��I EE, F1j[' 'I-i <br />Historical Tax Rates (Per $100 Assessed valuation) <br />(1) Real Property Revaluation Years - Per NC General Statutes, counties are required to revalue property every <br />8 years or less. As of January 1, 1993, the Orange County Board of County Commissioners elected to perform <br />real property revaluations on a 4 -year cycle. Prior to that date, the following revaluation periods were effective: <br />6 year period between 1987 and 1993 and between 1981 and 1987. <br />Year to Year- <br />Difference in <br />Difference in <br />Year to Year <br />Change in <br />Revenue Neutral <br />Effective Tax <br />Revenue <br />Change in <br />County Tax <br />Tax Rate and <br />Effective Tax <br />Rate and <br />Neutral Tax <br />CHCCS Special <br />County Tax <br />County Tax <br />Rate (in <br />Approved Tax <br />Rate (for <br />Approved Tax <br />Fiscal Year <br />Rate (for <br />District Tax <br />Rate (in cents <br />Rate <br />cents per <br />Revaluation <br />Rate (in cents <br />Rate <br />per $100 <br />Revaluation <br />Rate (in cents <br />$100 <br />per $100 <br />Years Only) <br />per $100 <br />Years Only) <br />assessed <br />assessed <br />assessed <br />valuation) <br />assessed <br />valuation) <br />valuation) <br />valuation) <br />1985 -86 <br />58.00 <br />7.00 <br />(4.40) <br />3.90 <br />6.50 <br />5.50 <br />4.00 3 y <br />17.60 <br />1986 -87 <br />65.00 <br />19.80 <br />2.20 <br />1987-88(l) <br />60.60 <br />16.50 <br />(3.30) <br />1988 -89 <br />64.50 <br />17.75 <br />1.25 <br />1989 -90 <br />71.00 <br />17.75 <br />0.00 <br />1990 -91 <br />76.50 <br />17.75 <br />0.00 <br />1991 -92 <br />80.50 <br />17.35 <br />(0.40) <br />1992 -93 <br />84.25 <br />3.75 <br />17.35 <br />0.00 <br />1993 -94 ��� <br />83.60 <br />(0.65) <br />74.25 9.35 <br />15.75 <br />(1.60) <br />15.75 0.00 <br />1994 -95 <br />88.50 <br />4.90 <br />0 <br />15.40 <br />(0.35) <br />- <br />_ <br />1995 -96 <br />94.75 <br />6.25: <br />15.40 <br />0.00 <br />1996 -97 <br />99.75 <br />5.00 <br />19.00 <br />3.60 <br />1997 -98 �'� <br />87.30 <br />(12.45) <br />84.00 <br />3.30 <br />17.90 <br />(1.10) <br />15.90 2.00 <br />1998 -99 <br />90.20 <br />2.90 <br />19.20 <br />1.30 <br />1999 -00 <br />91.90 <br />1.70 <br />22.00 <br />2.80 <br />2000 -01 <br />92.90 <br />1.00 <br />22.00 <br />0.00 <br />2001 -02 ��� <br />80.50 <br />(12.40) <br />78.50 2.00 <br />20.20 <br />(1.80) <br />18.20 2.00 <br />2002 -03 <br />83.00 <br />2.50 <br />19.20 <br />(1.00) <br />2003 -04 <br />84.50 <br />1.50 <br />20.00 <br />0.80 <br />2004 -05 <br />88.00 <br />3.50 <br />20.00 <br />0.00 <br />(1) Real Property Revaluation Years - Per NC General Statutes, counties are required to revalue property every <br />8 years or less. As of January 1, 1993, the Orange County Board of County Commissioners elected to perform <br />real property revaluations on a 4 -year cycle. Prior to that date, the following revaluation periods were effective: <br />6 year period between 1987 and 1993 and between 1981 and 1987. <br />