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39 <br /> Slide #18 <br /> Impact of the Revaluation <br /> PROPERTY TAX BASE <br /> • New tax base for FY2025 -26 based on revaluation and natural growth <br /> Goal is to value all property in the County to reflect market conditions/market value at the time of <br /> the revaluation <br /> Completed every 4 years in Orange County <br /> • Preliminary estimated new tax base of approximately$32 billion <br /> - Represents an increase of$8.6 billion or 37%over FY202425 <br /> ORANGE COUNTY <br /> 18 NORTH CAROLINA <br /> Slide #19 <br /> Countywide Revenue Changes <br /> • Budget Assumptions —Tax Base History <br /> Percent Change in Assessed Value <br /> Real,Personal,and Motor Vehicle <br /> 50 <br /> .22% <br /> $a <br /> 50 <br /> 5a <br /> 19.76% <br /> 5a <br /> 18.60% <br /> So <br /> 12.66% <br /> 50 <br /> 5a 91% <br /> 1.08% 0.94% 2.02% 2A6% <br /> SO .54% pp��gg�F,, <br /> FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 2FY2D20 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 <br /> Est <br /> —CWg,fr—P-r Yea r <br /> ORANGE COUNTY <br /> 19 NORTH CAROLINA <br /> Travis Myren said this sort of projected growth from a revaluation has never been seen <br /> before. <br />