Orange County NC Website
Browse       Search
27 <br /> Slide #10 <br /> Bond Referendum Key Dates <br /> Tentative GO Rend Plan januaFy 10,2024.Beapd RewaaA <br /> FEE3Fidel'y 13,2924 <br /> PnanGe <br /> PInliMinaFy Resoloition lnteptM Uroreed on Anri1 2 2024 Sojni ncnn Meeting <br /> First Reading-Authorizing the Bond Order May 7,2024,Business Meeting <br /> and Call for Public Hearing <br /> Hold Public Hearing June 4,2024,Business Meeting <br /> Second Reading-Take Final Action on June 16,2024,Business Meeting <br /> Band Order <br /> Band Education Committee Summer-Autumn 2024 Y <br /> Bond Referendum November 5,2024 <br /> Slide #11 <br /> SAMPLE BALLOT <br /> Orange County School Sands <br /> (For Orange CnrarU Schools and Chapel Hill-Carrbory City Sc�hvv]sl <br /> Additional prupelty taxes nay be levied on property located hti Orange County <br /> in an anwunt sufficient to pay the principal c f and iutevent cn bonds if <br /> approved by the following ballot question. <br /> Shall the order authorizing$300,000,000 bonds plus inters#to pay capital <br /> Lasts of providing school faellfties and paying related Lasts and provid hag that <br /> additional taxes may be levied in an amount sufficient to pay the principal of <br /> and interest on the bands,as adapted by the County's Board of <br /> Commissioners on June 18,2024,be approved,in l fight of the fol Lowing: <br /> (1)The estimated cumulative cost over the life or the bond,us ing the highest <br /> interest rate charged for similar debt over the last 20 years,watdd be <br /> $480,360,000. <br /> (2)The estimated amou nt of property tax liability increase for each one <br /> hundred thousand dollars(V100,000)of property tax value to service the <br /> cumulative cast over t he life of the bond provided above would bs$34.10 per <br /> Year- <br /> YES[]NO <br /> ORANGECOUNTY <br /> NOK]171-1 CAR01-111U <br />