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Minutes 05-22-2025-Budget Work Session
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Minutes 05-22-2025-Budget Work Session
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Last modified
8/27/2025 9:12:53 AM
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8/27/2025 8:58:54 AM
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BOCC
Date
5/22/2025
Meeting Type
Work Session
Document Type
Minutes
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Agenda 05-22-25; 1-4 - Discussion of Fire Districts, Countywide Revenue Changes, Countywide Employee Compensation, and County Departments’ FY 2025-26 Recommended Budgets
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\Board of County Commissioners\BOCC Agendas\2020's\2025\Agenda - 05-22-2025 Budget Work Session
Agenda for May 22, 2025 Budget Work Session
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\Board of County Commissioners\BOCC Agendas\2020's\2025\Agenda - 05-22-2025 Budget Work Session
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9 <br /> Slide #12 <br /> Countywide Revenue Changes <br /> • Manager's Budget Recommends Increase of 2.95 cents over Revenue Neutral <br /> Tax Rate <br /> County Tax Rate History <br /> 120M <br /> 99.B0 <br /> 100100 96.00 <br /> 88.00 K 80 87 W g5.79 86.34 <br /> 81B] 83.12 83.58 <br /> 80.00 <br /> 65.59 <br /> 60.00 <br /> 40.00 <br /> 2a 00 <br /> 0.00 <br /> F12005 FY2006 FY200] FY2009 FY2009 FY2010 FY2011 M012 FY2013 FY2014 FY2015 MO% FY201] FY M FY2019 FY2020 M021 FY2022 FY2023 FY2024 M025 FY2026 <br /> P— <br /> Commissioner Greene arrived at 7:15 p.m. <br /> Slide #13 <br /> Countywide Revenue Changes <br /> • Budget Assumptions — Interest Income <br /> — Assumed lower interest rates in FY 26 compared to FY 25. Tariffs could change that <br /> in unpredictable ways. <br /> Interest Income <br /> 33.000.000 <br /> 32,500.000 $2.362.650 $2,400,000 <br /> 52.000.000 51,809,873 51.800,000 <br /> 31,500.000 <br /> s,,eas7a <br /> $1,000,000 $800.469 $798,653 <br /> $500,000 $437,172 . . <br /> $151,392 $84.805 <br /> � $17,708 <br /> FY2016 FY2017 FY2036 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Pr01, FY 2026 Budget <br /> 13 ORANGE COUNTY <br /> NORTH CAROLINA <br />
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