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2 <br /> 1 Slide #2 <br /> Budget Priorities for FY2025-26 <br /> 1. Minimize Tax Rate Increase <br /> 2. Create Budget Flexibility in Anticipation of Economic Downturn and <br /> Potential Federal Reductions <br /> 3. Maintain County Investment in Social Safety Net Services <br /> 4. Provide Continuation Funding to Schools <br /> 5. Invest in Employee Compensation Package <br /> 6. Align Budget Investments with ,Strategic Plan Goals <br /> ORANGE COUNTY <br /> 2 NC3fC1-H C_MZC7LIM <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Revenue Neutral Tac Rate <br /> Property Tax Base x Property Tax Rate = Property Tax Levy <br /> Property Tax Base Revenue Neutral Tax Levy <br /> Property <br /> $33,254,442,655 .006264 $208,306,757 <br /> Or...62.64 cuts per$100 of Assessed Value <br /> Breakeven percentage increase in value is Just below 38% <br /> ORANGE COUNTY <br /> 3 NC)FUUH CIARC)"INA <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br /> 9 <br /> 10 <br />