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4 <br /> Slide #5 <br /> ORANGE COUNTY FY2021-22 REVENUE BUDGET <br /> QRANVGE C�OUMY <br /> Bonnie Hammersley said sales tax collection represents a bright side of the revenue <br /> forecast. She said sales tax was expected to decrease by 4.5% compared to the FY20 budget, <br /> but current collection trends actually indicate a $1-2 million increase over FY20 budgeted <br /> amount. <br /> Bonnie Hammersley said other sources of revenue are miscellaneous, <br /> intergovernmental, licenses and permits, and charges for services. She resumed the <br /> presentation: <br /> Slide #6 <br /> ORANGE COUNTYFY2021-22 EXPENDITURE BU DGET <br /> m. <br /> ORANGE COUNTY <br /> Slide #7 <br /> ORANGE COUNTY FY2021-22 BUDGET <br /> FY 2 021-22 R EVEN U E ASS U M PTI O NS <br /> ❑Revaluation <br /> R—luatlon results in 12.6%Real Property Assessed Value Growth <br /> RovonuaNeutralRate- .7887PorS100ofAssessedValue <br /> Current Rate- .8679 per$100 ofAsa-- Value <br /> Value of One Pan%,-$2,146,581 <br /> ❑Property Tax Rate Increase <br /> •Proposed rMfilo ease3.0 Cetus-.81B7 per$100 of AsseaeedYallre <br /> •Generate$6,439,743 to cover$6.61A Debt Service Increase <br /> ORANGE COUNTY <br /> TIOe3]1 GROLINA <br />