RES-2022-034-Resolution of Intent to Adopt the FY2022-23 Orange County budget

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I P E ®20 =034 Attachment 1 i Resolution of Intent to Adopt the FY Orange County Budget The items outlined below summarize decisions that the Board acted upon June 9, 2022 in approving the FY2022-23 Orange County Annual Operating Budget and the FY2022-23 ( Year 1) Capital Investment Plan Budget. WHEREAS , the Orange County Board of Commissioners has considered the Orange County FY2022 -23 Manager' s Recommended Budget and the FY2022 -23 Manager' s Recommended Capital Investment Plan Budget ; and WHEREAS , the Commissioners have agreed on certain modifications to the Manager' s Recommended Budget as presented in the FY2022 - 23 County Manager' s Recommended Budget on May 3 , 2022 ; and to the FY2022 -23 Manager' s Recommended Capital Investment Plan Budget as presented on April 5 , 2022 ; NOW THEREFORE BE IT RESOLVED , that the Orange County Board of Commissioners expresses its intent to adopt the FY2022 -23 Orange County Budget Ordinance on Tuesday , June 21 , 2022 , based on the following stipulations : r 1 ) Property Tax Rates i a ) The ad valorem property tax rate shall beset at 83 . 12 cents per $ 100 of assessed valuation . r b ) The Chapel HilkCarrboro City Schools District Tax shall be set at 18 . 30 cents per $ 100 of assessed valuation . r c) The Fire District and Fire Service District tax rates shall be set at the following rates ( all rates are , based on cents per $ 100 of assessed valuation ) : • Cedar Grove 7 . 63 • Greater Chapel Hill Fire Service District 13 . 87 i • Damascus 11 . 80 • Efland 8 . 28 • Eno 9 . 98 • Little River 6 . 39 • New Hope 11 . 56 • Orange Grove 7 . 27 • Orange Rural 9 . 49 • South Orange Fire Service District 9 . 09 • Southern Triangle Fire Service District 11 . 80 • White Cross 12 . 34 Page 1 of 5