Orange County NC Website
36 <br /> Slide #42 <br /> General Government <br /> • Tax Administration -Tax Rate History <br /> Cou my Tax Rate History <br /> yam <br /> MDD <br /> ■F.9 <br /> a} ��.9 ■Sd Elll BiA.77 LR 032 <br /> 6}lOG <br /> E611Q <br /> L}lOG — <br /> L}AP <br /> DM <br /> ORANGE COUNTY <br /> 39 WOFUI I CAROLINA <br /> Travis Myren noted that the tax rate typically falls in revaluation years. <br /> Commissioner Bedford said as a local CPA, she often has to call the Tax Office and <br /> they do a remarkable job. She said the automation is helpful. <br /> Chair Price asked Travis Myren to explain the median sales assessment ratio. <br /> Travis Myren said these compares assessed values with actual sale prices. He said this <br /> tells us that the assessed values are lower than the current market prices. He said he is <br /> surprised by the magnitude, but it just represents a dynamic housing market. <br /> Slide #43 <br /> Support Services <br /> • Asset Management Services — page 64 <br /> Total expenditure budget- $5.328.-Mg <br /> — Incresee in net County costa of$69,9W compared to Base Budget <br /> F Recommended Budget changes <br /> — �W,820 inflationary increases for building repair and maintenance,custodial <br /> s pl"* <br /> $27.1 DI r►aiorailon of ira"I and kra�tig, <br /> — Ti16.780coaract with Orange Entxprieeaforcustodialserykes art RagersRoad <br /> and fi4darGroveCommunitV Comm.526.D041opaIntEihindCo ffgWWyiM4nter <br /> — Ti17,833fathrea(3)floorscnrbberetoinprovealkismy <br /> — T7,4.40 small equipment such as drills,ladders,ehehs <br /> — �38,671 reduction in rent as Fo me moves to ORANGE COUNTY <br /> 56 WestCampusOfflcaBuildig raoRT1ICAROLINA <br />