Orange County NC Website
64 <br /> FY 2025-26 Revenue Assumptions <br /> PROPERTY TAX RATE <br /> • County is required to publish but not adopt a "Revenue Neutral Rate" <br /> - The tax rate that would be required to raise the same amount of revenue as the previous year, plus an allowance for <br /> average natural growth rate. <br /> - Current tax rate - 0.8629 cents per $100 of value <br /> • Revenue neutral rate will drop to approximately 0.64 cents <br /> -1Property Tax Base X'Tax Rate = Property Tax Collections <br /> • 2.36% Natural Growth = $4.7 Million <br /> ORANGE COUNTY <br /> r*-;0RT 1[-I CAnOLINA <br />