Orange County NC Website
23 <br /> 1 Slide #23 <br /> Operating Amendments <br /> Amendment Sponsor Budget DePage Revenue Expense Total <br /> partment Amendment General Fund General Fund General Fund Portie- Reduce FY 25-26 tax <br /> Ascatt, 230& increase by 1.79 cents <br /> GP-607 Hamilton, 148 Schools based on reduction of ($5,906,173) [$5,900.000) $86,349 <br /> McKee Transfer to School Capital <br /> for Pay-Go;see CIP-B14 <br /> • This amendment accounts for the impact of C1P-1314 on the General Fund, if passed. <br /> • 1.79 cents would equate to a$71.60 savings on the tax bill of a$400,000 property <br /> ORANGE 23 NORTH CARC3ENA Y <br /> 2 <br /> 3 A motion was made by Commissioner Carter, seconded by Commissioner Portie-Ascott, <br /> 4 to approve budget amendment OP-1307. <br /> 5 <br /> 6 VOTE: Ayes, 6 (Chair Bedford, Vice-Chair Hamilton, Commissioner Carter, Commissioner <br /> 7 Greene, Commissioner Portie-Ascott, Commissioner McKee); Nays, 1 (Commissioner <br /> 8 Fowler) <br /> 9 <br /> 10 MOTION PASSES <br /> 11 <br /> 12 Slide #24 <br /> Operating Amendments <br /> Amendment Sponsor Budget Department Amendment General Fund General Fund General Fund <br /> Page Revenue Expense Total <br /> Balance budget based on <br /> P-B99 All approved board $86,349 LO <br /> 9 $0 <br /> amendments. <br /> This amendment balances the budget based on combination of approved Amendments to Proposed Budget. <br /> Would represent.03 cent increase if all amendments pass as written. Staff will provide updated impact based on final <br /> adopted amendments. <br /> ORANGE COUNTY <br /> 24 NOICI H C:ARC]LINA <br /> 13 <br />