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4 <br /> Slide #5 <br /> Property Tax I m pact <br /> W00L3-41 <br /> �,, $34.10 $88.80 <br /> $200,000 $68-20 $177.60 <br /> $300,000 $102,30 $266.40 <br /> $400,000 $136.40 $355.20 <br /> $500,000 $170,50 $444.00 <br /> ORANGE COUNTY <br /> NC)RrH CARCMANA <br /> Slide #6 <br /> Sample Ballot Question <br /> Orange County School Etands <br /> rFor or.,nee coat.schools sad Chanel fun-C—bor o QjX 5dun <br /> Additional property taxes may he Levied on property located in Orange County <br /> Ln an arnov nt sufficient to pay the principal of and interest an honda if <br /> approved by the following ballot cl—tion. <br /> Shall the hider autltnrlalng$300,000,000 hands plus interest to pay capital <br /> costa of pravldhig school facillties and"31g Mated costa and providing that <br /> additional taxes nay be levied in an amatmt aufTidi t to pay the principal of <br /> and interest an the band.,as adopted by the C—Vs Sward of <br /> CortvnLeaionerS on rune la,2024,be appr»ved„Ln light of the foLlowing: <br /> C11 The estimated ctimtdative coat overthe life of the band,u.ing the highest <br /> interest rate charged for similar debt over the last 20 year.,would be <br /> $400.360,000. <br /> Required New Provisions <br /> [7]The estimated amount of property tax liability increase for each one <br /> hundred thousand dollars($100.0001 of property tax value to service the <br /> cnmtdative—t averthe life of the bond provided above would be$34.10 per <br /> year. <br /> []YE5 NO <br /> ORANGE COUNTY <br /> NCJRTH C:ARC3IJNA <br />