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3 <br /> RES-2020-036 Attachment 1 <br /> Resolution of Intent to Adopt the FY2020-21 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 9, 2020 in approving the <br /> FY2020-21 Orange County Annual Operating Budget and the FY2020-21 (Year 1) Capital Investment Plan <br /> Budget. <br /> WHEREAS, the Orange County Board of Commissioners has considered the Orange County FY2020-21 <br /> Manager's Recommended Budget and the FY2020-21 Manager's Recommended Capital Investment Plan <br /> Budget; and <br /> WHEREAS, the Commissioners have agreed on certain modifications to the Manager's Recommended <br /> Budget as presented in the FY2020-21 County Manager's Recommended Budget on May 5, 2020; and to <br /> the FY2020-21 Manager's Recommended Capital Investment Plan Budget as presented on April 7, 2020; <br /> NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners expresses its <br /> intent to adopt the FY2020-21 Orange County Budget Ordinance on Tuesday, June 16, 2020, based on <br /> the following stipulations: <br /> 1) Property Tax Rates <br /> a) The ad valorem property tax rate shall be set at 86.79 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 /> • Cedar Grove 8.10 <br /> • Greater Chapel Hill Fire Service District 14.91 <br /> • Damascus 10.80 <br /> • Efland 6.78 <br /> • Eno 9.68 <br /> • Little River 5.92 <br /> • New Hope 10.67 <br /> • Orange Grove 6.81 <br /> • Orange Rural 9.48 <br /> • South Orange Fire Service District 9.68 <br /> • Southern Triangle Fire Service District 10.80 <br /> • White Cross 12.37 <br /> Page 1 of 5 <br />