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7 <br /> Revenue Neutral PropertyTax Rate <br /> Property Tax Base X Property Tax Rate = Property Tax Levy <br /> 111111 "Ills <br /> 0 1282 <br /> Real Property <br /> • Land + Improvements/Buildings $29,645,160,916 <br /> • Adjusted by 5% for expected appeals <br /> Personal Property & Public Utilities <br /> • Unlicensed vehicles, trailers, campers, boats, $1 ,242,143,886 <br /> jet skis, etc. <br /> • Power company, gas company, railroad, etc. <br /> Motor Vehicles $1 ,743,029,203 <br /> TOTAL $32,630,334,005 <br /> 38.6% Increase from FY2024-25 <br /> i <br /> ORANGE COUNTY <br /> 4 NORTH CAROLINA <br />