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RES-2023-046-Resolution of Intent to Adopt the FY2023-24 Orange County Budget
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RES-2023-046-Resolution of Intent to Adopt the FY2023-24 Orange County Budget
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Last modified
6/12/2023 9:41:35 AM
Creation date
6/12/2023 9:38:09 AM
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BOCC
Date
6/8/2023
Meeting Type
Business
Document Type
Resolution
Agenda Item
6
Document Relationships
Agenda - 06-08-2023; 1, 3, & 4 - Discussion and Decisions on FY 2023-24 Operating Budget, County Fee Schedule, and Tax Rates
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 06-08-2023 Budget Work Session
Agenda - 06-08-2023; 2 - Discussion and Decisions on FY 2023-33 Capital Investment Plan
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 06-08-2023 Budget Work Session
Agenda for June 8, 2023 Budget Work Session
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 06-08-2023 Budget Work Session
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9 <br /> RES =2023 -046 Attachment 1 <br /> Resolution of Intent to Adopt the FY2023 = 24 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 8, 2023 in approving the <br /> FY2023-24 Orange County Annual Operating Budget and the FY2023-24 (Year 1) Capital Investment Plan <br /> Budget. <br /> WHEREAS , the Orange County Board of Commissioners has considered the Orange County FY2023 -24 <br /> Manager' s Recommended Budget and the FY2023 -24 Manager' s Recommended Capital Investment Plan <br /> Budget ; and <br /> WHEREAS , the Commissioners have agreed on certain modifications to the Manager' s Recommended <br /> Budget as presented in the FY2023 -24 County Manager' s Recommended Budget on May 2 , 2023 ; and to <br /> the FY2023 -24 Manager' s Recommended Capital Investment Plan Budget as presented on April 4 , 2023 ; <br /> NOW THEREFORE BE IT RESOLVED , that the Orange County Board of Commissioners expresses its <br /> intent to adopt the FY2023 - 24 Orange County Budget Ordinance on Tuesday , June 20 , 2023 , based on the <br /> following stipulations : <br /> 1 ) Property Tax Rates <br /> a) The ad valorem property tax rate shall be set at 83 . 53 cents per $ 100 of assessed valuation . <br /> b) The Chapel HilkCarrboro City Schools District Tax shall beset at 19 . 80 cents per $ 100 of <br /> assessed valuation . <br /> c) The Fire District and Fire Service District tax rates shall be set at the following rates ( all rates are <br /> based on cents per $ 100 of assessed valuation ) : <br /> • Cedar Grove 9 . 00 <br /> • Greater Chapel Hill Fire Service District 13 . 87 <br /> • Damascus 12 . 80 <br /> • Efland 10 . 28 <br /> • Eno 9 . 98 <br /> • Little River 7 . 39 <br /> • New Hope 12 . 57 <br /> • Orange Grove 8 . 27 <br /> • Orange Rural 10 . 49 <br /> • South Orange Fire Service District 9 • 09 <br /> • Southern Triangle Fire Service District 12 . 80 <br /> • White Cross 13 . 84 <br /> Page 1 of 6 <br />
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