Orange County NC Website
Browse       Search
6 <br /> Slide #7 <br /> Countywide Revenue Changes <br /> • Budget Assumptions —Tax Base History <br /> ➢ 2.46%increase over FY2023-24 Budget <br /> ➢ Sales ratio as of January 2024—63.9% <br /> Property Tax Base-Assessed Value <br /> Real,Personal,and Motor Vehicle <br /> $25,000,000,000 23,316,128,501 <br /> $20,000,000,000 <br /> $16.000.000.000 <br /> $10,000,000,000 <br /> $5,000,000,000 <br /> $0 <br /> FY2005 FY2006 FY2007 FY2005 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 <br /> ORANGE COUNTY <br /> 7 NORTH CAROLINA <br /> Slide #8 <br /> Countywide Revenue Changes <br /> • Budget Assumptions - Tax Rate History <br /> — Countywide tax rate increase 2.81 cents <br /> County Tax Rate History <br /> 120 00 <br /> 99.80 <br /> 100 W 95.00 <br /> 88.00 85.80 87.80 86.79 81.87 83.12 83.58 86.34 <br /> s0m IG0.60 <br /> 4U 0� <br /> zn uu <br /> 0.00 <br /> FY2005 FY2006 FY200] FY2000 FYZ009 FY1010 FV2011 FY2012 FY2013 FY2019 111O15 112016 112017 11Z018 112M 112020 FY2021 FY2022 1Y2023 FY2024 FY2025 <br /> ORANGE COUNTY <br /> 8 NORTH C.AROLINA <br /> Travis Myren said that the orange bars in slide #8 were revaluation years when the base <br /> tax rate was revenue neutral. <br />