Orange County NC Website
110 <br /> Assessment Ratio' 100% 100% 100% 100% <br /> Real Property $16,974,899,491 $17,333,962,055 $19,776,883,656 $20,915,506,497 <br /> Personal Property 1,726,673,593 1,769,659,485 1,884,947,740 1,504,996,150 <br /> Public Service Companies2 337,564,917 346,332,873 364,879,155 386,793,191 <br /> Less Tax-Exempt Property (82,646,419) (77,934,293) (82,177,022) (81,256,223) <br /> Total Assessed Valuation $18,956,491,582 $19,449,954,413 $21,944,533,529 $22,421,502,597 <br /> Tax Rate per$1003 0.8679 0.8679 0.8187 0.8312 <br /> Levy $ 164,884,700 $ 168,893,588 $ 179,742,965 $ 186,464,351 <br /> 1 Percentage of appraised value has been established by statute. <br /> 2 Valuation of railroads,telephone companies and other utilities as determined by the North Carolina Property Tax Commission. <br /> 3 Revaluation of real property became effective with the 2021-22 tax levy.Real property was previously reappraised for 2017-18 <br /> and the next appraisal will be effective in 2025-26. <br /> In addition to the County-wide rate shown in the previous chart, all taxable property within the <br /> Chapel Hill-Carrboro City School Administrative Unit is subject to a special school district tax. The special <br /> school district tax rates per$100 assessed valuation for the past five fiscal years are as follows: <br /> Fiscal Year Ended or Ending June 30, <br /> 2019 2020 2021 2022 2023 <br /> Special School District <br /> Chapel Hill-Carrboro City Schools $.2018 $.2018 $.2018 $.1830 $.1830 <br /> Special Fire Districts. Most property in the unincorporated portions of the County is also subject <br /> to an additional tax rate for one of the 12 fire districts,which range from$0.09092 to$0.16693 for the fiscal <br /> year ending June 30,2023. <br /> Tax Collections <br /> Fiscal Year Prior Year's Current Year's Percentage <br /> Ended June 30, Levy Collections Levy Collections Collected <br /> 2019 $967,983 $157,743,510 99.14% <br /> 2020 805,605 163,403,993 99.10 <br /> 2021 853,760 167,481,534 99.16 <br /> 2022 952,893 178,314,181 99.21 <br /> 2023 - 185,261,931 99.36 <br /> 2024' 188,300,309 <br /> 1 For the nine months ended March 31,2024. For the nine month period ended March 31,2023,current year levy collections were <br /> Source:Annual Comprehensive Financial Report of the County for fiscal year ended June 30,2023. <br /> Ten Largest Taxpayers for the Fiscal Year ended June 30, 2023 <br /> Percentage <br /> Assessed of Assessed <br /> Name Type of Enterprise Valuation Value <br /> Duke Energy Carolina LLC Public Utility $188,387,969 0.84% <br /> Chapel Hill Foundation Real Estate Holdings Inc Apartments/Retail 112,650,500 0.50 <br /> Mre Propco LP (Medline) Industrial 86,510,700 0.39 <br /> BIR Chapel Hill LLC Apartments/Retail 80,124,700 0.36 <br /> 38 <br />