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�0 <br /> RES -2025 -031 � f S ) a`� i Attachment 1 <br /> Resolution of Intent to Adopt the FY2025 -26 <br /> Orange County Budget <br /> The items outlined below summarize decisions that the Board acted upon June 5, 2025 in approving the <br /> FY2025-26 Orange County Annual Operating Budget and the FY2025-26 (Year 1) Capital Investment Plan <br /> Budget. <br /> WHEREAS , the Orange County Board of Commissioners has considered the Orange County FY2025-26 <br /> Manager' s Recommended Budget and the FY2025 -26 Manager' s Recommended Capital Investment Plan <br /> Budget ; and <br /> WHEREAS , the Commissioners have agreed on certain modifications to the Manager' s Recommended <br /> Budget as presented in the FY2025 -26 County Manager's Recommended Budget on May 6 , 2025 ; and to <br /> the FY2025 -26 Manager' s Recommended Capital Investment Plan Budget as presented on April 1 , 2025 ; <br /> NOW THEREFORE BE IT RESOLVED , that the Orange County Board of Commissioners expresses its <br /> intent to adopt the FY2025-26 Orange County Budget Ordinance on Tuesday , June 17 , 2025 , based on the <br /> following stipulations : <br /> 1 ) Property Tax Rates <br /> a) The ad valorem property tax rate shall be set at 63 . 83 cents per $ 100 of assessed valuation . <br /> b) The Chapel Hill-Carrboro City Schools District Tax shall beset at 14 . 79 cents per $ 100 of <br /> assessed valuation . <br /> c) The Fire District and Fire Service District tax rates shall be set at the following rates (all rates are <br /> based on cents per $ 100 of assessed valuation ) : <br /> • Cedar Grove 7 . 54 <br /> • Greater Chapel Hill Fire Service District 11 . 50 <br /> • Damascus 10 . 20 <br /> • Efland 8 . 38 <br /> • Eno 8 . 71 <br /> • Little River 5 . 35 <br /> • New Hope 12 . 50 <br /> • Orange Grove 7 . 00 <br /> • Orange Rural 9 . 21 <br /> • South Orange Fire Service District 8 . 17 <br /> • Southern Triangle Fire Service District 10 . 20 <br /> • White Cross 14 . 00 <br /> Page 1 of 5 <br />