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RES =2024 = 036 Cole j Attachment 1 <br /> J <br /> Resolution of Intent to Adopt the FY2024 -25 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 6, 2024 in approving the <br /> FY2024- 25 Orange County Annual Operating Budget and the FY2024-25 ( Year 1) Capital Investment Plan <br /> Budget. <br /> WHEREAS , the Orange County Board of Commissioners has considered the Orange County FY2024- 25 <br /> Manager' s Recommended Budget and the FY2024 -25 Manager' s Recommended Capital Investment Plan <br /> Budget ; and <br /> WHEREAS , the Commissioners have agreed on certain modifications to the Manager' s Recommended <br /> Budget as presented in the FY2024 -25 County Manager' s Recommended Budget on May 7 , 2024 ; and to <br /> the FY2024 -25 Manager' s Recommended Capital Investment Plan Budget as presented on April 2 , 2024 ; <br /> NOW THEREFORE BE IT RESOLVED , that the Orange County Board of Commissioners expresses its <br /> intent to adopt the FY2024 -25 Orange County Budget Ordinance on Tuesday , June 18 , 2024 , based on the <br /> following stipulations : <br /> 1 ) Property Tax Rates <br /> a ) The ad valorem property tax rate shall beset at 86 . 29 cents per $ 100 of assessed valuation . <br /> b ) The Chapel HilkCarrboro City Schools District Tax shall be set at 19 . 80 cents per $ 100 of <br /> assessed valuation . <br /> c) The Fire District and Fire Service District tax rates shall be set at the following rates ( all rates are <br /> based on cents per $ 100 of assessed valuation ) : <br /> • Cedar Grove 9000 <br /> • Greater Chapel Hill Fire Service District 13987 <br /> • Damascus 12080 <br /> • Efland 10 . 28 <br /> • Eno 11098 <br /> • Little River 7239 <br /> • New Hope 13 . 84 <br /> • Orange Grove 8 . 27 <br /> • Orange Rural 11049 <br /> • South Orange Fire Service District 9609 <br /> • Southern Triangle Fire Service District 12380 <br /> • White Cross 13 , 84 <br /> Page 1 of 5 <br />