Orange County NC Website
APPENDIX D FUNDING MECHANISMS <br /> Ae n d i x D: ORANG CE OUNTY The full description for all costs has been <br /> p p "" <br /> NORTH CAROLINA <br /> provided to the County,in a Climate <br /> Fundin Mechanisms Action Tracker,which accompanied this <br /> CAP,and is available upon request. <br /> •- Examples Description <br /> Special Benefit-Based Community Improvement Fee Levied on property owners to fund <br /> Assessments neighborhood enhancements. <br /> Special Taxes Open Space Preservation Tax Tax on properties for preserving <br /> County open spaces and green areas. <br /> Property Tax Increment Tax Increment Financing Incremental property tax revenue <br /> allocated for development projects. <br /> Utility User Tax Energy Consumption Tax County tax on utility service <br /> consumption such as natural gas. <br /> Parking Fee County Parking Revenue User fee for County-owned parking <br /> facilities. <br /> Enterprise Fund Waste Management Fund Self-sustaining funds generated from <br /> County-owned enterprises. <br /> Development Fee Land Use Development Charge Fee paid by developers for funding <br /> County infrastructure. <br /> Carbon Development Carbon Footprint Charge Fee based on carbon emissions from <br /> Impact Fee developments to fund mitigation. <br /> Congestion Pricing Traffic Congestion Charge User fee to reduce traffic congestion <br /> and raise funds. <br /> Green Bond Environmental Impact Bond Bonds for capital improvements with <br /> an environmental focus. <br /> Green Revolving Fund Sustainability Investment Fund An internal fund where savings from <br /> efficiency projects are reinvested in <br /> future green initiatives. <br /> Energy Performance Energy Efficiency Agreement Contracts for energy upgrades in <br /> Contracts(EPC) exchange for cash flows from a <br /> portion of savings. <br /> Public-Private Partnerships Renewable Energy Partnership County partnerships with private <br /> (PPP) companies for energy projects. <br /> Infrastructure as a Service Energy Infrastructure Lease Leasing energy infrastructure from <br /> (IAAS) private entities for funds. <br /> 2023 CLIMATE ACTION PLAN ORANGE COUNTY, NORTH CAROLINA 136 <br />