Orange County NC Website
51 <br /> 1 Slide #22 <br /> Other Options <br /> CountyScenario New YY One Time Tax Peak <br /> Debt i <br /> Title Funding Funding Rate Impact <br /> Revenue Ratio <br /> H $75 million $300 million bond 8.05 Cents 18.55% 59.0% <br /> S1[10 million pay-go <br /> $130 million <br /> Push $17.9 million $300 million bond <br /> in existing projects 5100 million pay-go 8.47 cents 19.16% 58.2% <br /> outside of the ten <br /> year plan <br /> ORANGE COUNTY <br /> NORTH C.1 RL7LiNA <br /> 2 <br /> 3 <br /> 4 Slide #23 <br /> Tax Impact on $500,000 Home <br /> Scenario Title One Time Tax Rate Impact <br /> ..ct on a$5rr rrr home <br /> in cents <br /> Al �_ 4.00 $ 200.00 <br /> A2 4.57 $ 228.50 <br /> C1 7.89 $ 394.50 <br /> C2 8.66 $ 433.00 <br /> D 11.22 $ 561.00 <br /> Middle 5.49 $ 274.50 <br /> H 8.06 $ 403.00 <br /> B 8.47 $ 423.50 <br /> ©RANGE COUNT <br /> l3 NORTH CAROLINA <br /> 5 <br /> 6 Commissioner Fowler asked if the Board only does what is in the current CIP, if the tax <br /> 7 increase would be 2 cents. <br /> 8 Travis Myren said yes. <br /> 9 Chair Bedford said that the $12 million they set aside a year and a half ago prevented a <br /> 10 tax increase for two years. <br /> 11 <br />