Orange County NC Website
FY2021 -22 Budget Planning <br /> • Solve for Debt Service Increase of Approximately $10 Million <br /> Tax Equivalent of 4.81 cents per $100 Assessed Value <br /> =, 1 MCA:Be* <br /> Projected Tax Equivalents Current Debt Model Approved Tax <br /> Starting in FY 2018-19 Projections Increases to Date for <br /> ( in cents) (in cents) Debt Service <br /> (in cents) <br /> FY 2018-19 1.42 1.27 1.27 <br /> FY 2019-20 1.40 .60 .60 <br /> 1.37 <br /> FY 2020-21 2.35 Deferred with One Time 0 <br /> Revenues <br /> FY 2021-22 2.78 3.44 N/A <br /> FY 2022-23 0 0 N/A <br /> FY 2023-24 0 .67 N/A <br /> Total 7.95 7.35 1.87 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />