Orange County NC Website
19 <br /> RECONVENE RETREAT <br /> A motion was made by Commissioner Fowler, seconded by Commissioner Hamilton to <br /> reconvene at 3:44 p.m. <br /> Roll call ensued <br /> Commissioner McKee and Commissioner Dorosin were not back yet. <br /> VOTE: UNANIMOUS <br /> Slide #25 <br /> Orange County Fiscal Status <br /> • Unassigned as of June 30,2020 <br /> — $35.3Million or 15.6% <br /> ImE+acted by Upfront Cash Outlay}or FEm Reimbursable Expenditures <br /> FY2020-21 Revenue Impacts <br /> — Jai Fees ncfuding Federal lnmatas($1,00D,040) <br /> Planning P*rmq*and Insprc$ons{52�0,000} <br /> DEAPR RecreMonFaes($200,000) <br /> Moo Vww*Prppo lyTex($7N,4)W) <br /> Irwrstm&A Earnings($00.000) <br /> — Property Tax Co9ectione0500,0W) <br /> Occupancy T#K m+d Spartsplrx Fvtkds <br /> ORANGE COUNTY <br /> .NOR-n I ranrxrnA <br /> Commissioner Greene said she remembered that property tax collections were <br /> anticipated to not go down very much, and asked if a one half million reduction is not very much, <br /> in context. <br /> Gary Donaldson, Chief Financial Officer, said collection rates were budgeted <br /> conservatively, due to the recession. He said, for context, real property tax is budgeted at $154 <br /> million, while motor vehicle property tax is budgeted at $11 million. He said it is a slight decline. <br /> Chair Price asked if the decrease in property and motor vehicle tax collections is <br /> correlated to foreclosures. <br /> Travis Myren said he has not run that analysis. <br /> Gary Donaldson said he has not heard that this is the case. <br /> Travis Myren resumed the PowerPoint presentation: <br />