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3 <br /> Slide #4 <br /> FY2024-25 RECOMMENDED BUDGET <br /> Revenue Projections <br /> Property Tax Projections <br /> Property Tax Growth 2.45% = $5.3 Million, <br /> Recommended Property Tax Increase: <br /> $0.0281—balance budget = $6.5M <br /> Current Tax Rate= $0.8353 per$100 valuation <br /> Recommended Tax Rate= $0.8634 per$100 valuation <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Slide #5 <br /> FY2024-25 RECOMMENDED BUDGET <br /> Revenue Projections <br /> Assessed Current Recommended Rate <br /> Value Tax Rate Tax Rate Increase <br /> $100,000 $835.30 $863.40 $28.10 <br /> $200,000 $1,670.60 $1726.80 $56.20 <br /> $300,000 $2,505.90 $2,590.20 $84.30 <br /> $400,000 $3,341.20 $3,453.60 $112.40 <br /> $500,000 $4,176.50 $4,317.00 $140.50 <br /> 1-Current Tax Rate =$0.8353 per$100 valuation <br /> 2-Recommended Tax Rate = $0.8634 per$100 valuation. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />