Orange County NC Website
2 <br /> 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 /> B. Align Budget Investments with Strategic Plan Goals <br /> ORANGE H�,A [N�k COUNTY <br /> Slide #3 <br /> Revenue Neutral Tax Rate <br /> Property Tax Base X Property Tax Rate = Property Tax Levy <br /> Property <br /> Properly <br /> $33,254-442,655 .006264 $208,306,757 <br /> Or...62,64 cents per$100 of Assessed Value <br /> Breakeven percentage increase in value is just below 38% <br /> ORANGE COUNTY <br /> 3 NL31Zi-H 4;AR��LiNA <br />