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6 <br /> 1 Slide #5 <br /> F 0 - 4 RECOMMENDED BUDGET <br /> FY 2023- 4 Revenue Mwmptiona <br /> FY2023-24 PrapertyTax Assumptions <br /> Recommended Property Tax Increase, <br /> $0.M46—balance budget= $1,038,676 <br /> Current Tax Rate=$0.8312per$ 00valuation <br /> RecommendedTaxRate = $0.9359pe.W.00vnluation <br /> Total Property Tax Increase with 2°10 natural growth= $4,7 Million <br /> ORANGE COUNTY <br /> 1'WRT]I CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #6 <br /> F 0 - 4 RECOMMENDED ED BUDGET <br /> FY 2023-24 Revenue Assumptions <br /> FY 2023-24 Sales Tax Assumptions <br /> 4-511/o Growth ox er FY 2022-23 projection as economy normalizes to pre- <br /> Co{yid inflation rates. <br /> Third Quarter FY 2022-23 indicates 10-12110 Growth over Prior Fiscal Year <br /> Total Sales Tax Increase=$9.1 MWon <br /> ORANGE COUNTY <br /> NOWn I CAR.OLINA <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br />