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8 <br /> Slide #5 <br /> Revenue Neutral Tax Rate <br /> Property Tax Base X Property Tax Rate = Property Tax Levy <br /> Property <br /> Property <br /> $33,254,442,655 .006264 $208,306,757 <br /> Or...62.64 cents per$100 of Assessed Value <br /> New"breakeven" percentage increase is just below 38%with updated Revenue Neutral Rate <br /> - ..�� <br /> 5 ORANGE G ECOUNTY <br /> Slide #6 <br /> Manager's Recommended Tax Rate <br /> • Manager's Budget Recommends Increase of 2.95 cents over Revenue Neutral Tax Rate <br /> • 1.94 cents to support school planning and design ➢ Impact on Home @$400,000 = $118.00 <br /> • 1.01 cents to support school and County operations ➢ Impact on Home @$500,000 = $147.50 <br /> County Tax Rate History <br /> �zo.o0 <br /> 9sao Orange Bars=Revaluation Years <br /> loom 9s 00 <br /> 88.00 85.80 87.80 86.79 86.34 <br /> 81.87 83.12 83.58 <br /> 80,00 <br /> 65.59 <br /> 60.00 <br /> 40,00 <br /> 20.00 J <br /> 0,00 i <br /> FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 M019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 <br /> Rec. <br /> Chair Bedford asked staff to provide a scenario of what the impact would be if the school <br /> capital pay-go was debt instead. <br /> Travis Myren said it will be at the May work session, and they can provide more <br /> information. He said they are also looking at the scenario of delaying the projects for one year. <br />