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4
<br /> Slide #3
<br /> Countywide Revenue Changes
<br /> • Sales Tax Collections including Medicaid Hold Harmless
<br /> ➢ FY2024-25 budget at 34% increase over FY2023-24 projections
<br /> Sales Tax Collections
<br /> $50,000,000.00 18 36% 20.00%
<br /> $45,000,000.00 $43,39Q78U $42,690,035 $44,139,012
<br /> $40,000,000.00 14.14' $37,996,379 15.00%
<br /> $3.5,000,000.00 $ .101,943
<br /> $30,000,000.00 $27,844,579 $28,126,263 10.00%
<br /> $24,409,044 $25,678,026
<br /> $25,0011000.00
<br /> $20,000,000.00 5.00%
<br /> $15,000.000 00
<br /> $10,000,000.00 0.00%
<br /> $5,000.000.00
<br /> $0.00 -5.00%
<br /> 2017 2018 2019 2020 2021 2022 2023 2024 Prof. 2025 Budget
<br /> Sale$Tax Collections —Change Fran Prior Year
<br /> COUNTYORANGE
<br /> 3 NORTH CAROLINA
<br /> Slide #4
<br /> Countywide Revenue Changes
<br /> • Medicaid Hold Harmless -
<br /> Orange County's Foregone Article 44 sales tax revenue has always exceeded its historical
<br /> share of Medicaid Expenses,which triggers an Annual Hold Harmless Payment.
<br /> $25,000,000
<br /> $zo,000,000 Article 44 Sales Tax$that Orange County would have received.
<br /> $15,000,000 y
<br /> $10,000,000
<br /> $s,000,000
<br /> Orange Medicaid Expenses that
<br /> $o
<br /> _1 FY10 FY12 FY14 FY16 FY18 FY20 FY22 FY24
<br /> rxe9aa,�n„_g dare r,o..,ma Nc v airs&ae..a,, a Ha th aid H„
<br /> 4 ORANG COUNTY
<br /> NA
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