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11 <br /> Revenue Neutral PropertyTax Rate <br /> Total Property Tax Base Growth <br /> Real Property Increase 50% Increase <br /> Adjustment for Appeals 42.5% Increase in Real Property Only <br /> Include Personal Property and Motor <br /> Vehicles 38.6% Increase in Total Tax Base <br /> • Slower Growth Compared to Real Property <br /> Account for Natural Growth in 35% Break Even Increase <br /> Property Tax Revenue <br /> i <br /> ORANGE COUNTY <br /> 8 NORTH CAROLINA <br />