Orange County NC Website
31 <br /> Slide #15 <br /> R EVEN U E ESTI MATES <br /> • Property Tax <br /> — % Natural Grfi wth due to New Construction S3,600,000 <br /> — No Change rn Collection Rates(99. % Property; 99.4%Vehicles) <br /> — No Tax Rate€n e rease for Debt Service <br /> ORANGE COUNTY <br /> wk1FCf]I C_iROLINA <br /> Slide #16 <br /> REVENUE ESTIMATES <br /> • Sales Tax <br /> — 1 % Growth frim FY22 Budget due to Recent Performance <br /> • Potential Yield of Approximately$4 million <br /> • Actual FY2D21-22 Growth-16%from FY21Actuals <br /> * PFojected FY2022.23Growth•8-12%from FY22 ActuaIs <br /> — Assumes No Significant Recession,but Normalization to Pre- <br /> CIOVIp,Pre-Rerordinflation <br /> ORANGE COUNTY <br /> NX)Wn I CAROLINA <br />