Orange County NC Website
Browse       Search
6 <br /> Slide #5 <br /> F 20 ;- 4 RECOMMENDED BUDGET <br /> FY 0 3- Re-venue Assumptiom <br /> FY 2023-24 Property Tax Assumptions <br /> Reeomme,nded Property Tax Increase: <br /> $0.0046—b,alance budget= $1,039,676 <br /> Current Tax Rate=$0.8312per$100 valuatkm <br /> Recommended Tax Rate=$0,9358 per$100 valuation <br /> Total Property Tax Increase with 21Jc natural growth =$4.7 Million <br /> ORANGE COUNTY <br /> wk1FCf]I C_iROLINA <br /> Slide #6 <br /> FY2023-24 RECOMMENDED BUDGET <br /> FY 20 3- # Ht-venue Assumptiunx <br /> FY' 2023-24 Sales Tax Assumptions <br /> 4-5°l0 Gr ,Lh o-,,er FY 2022+23 prnje ction as-eeonomy normalizes to pre- <br /> COVA it f'lauon rates. <br /> Third Quarter FY 202.2-23 indicates 10-12%Growth ove r Prior Fiscal Year <br /> Total Sales Tax Increase--38.1 Ali Ilion <br /> ORANGE COUNTY <br /> NC]FCr]I CAROLINA <br />