Orange County NC Website
Browse       Search
23 <br /> Slide #23 <br /> Operating Amendments <br /> Amendment Sponsor Budget Department Amendment General Fund General Fund General Fund <br /> Page Revenue Expense Total <br /> Carter, Portie- Reduce FY 25 26 tax <br /> Ascott, 230& increase by 1.79 cents <br /> OP-B07 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 CIP-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 COUNTY <br /> 23 NORTH CAROLINA <br /> A motion was made by Commissioner Carter, seconded by Commissioner Portie-Ascott, <br /> to approve budget amendment OP-1307. <br /> VOTE: Ayes, 6 (Chair Bedford, Vice-Chair Hamilton, Commissioner Carter, Commissioner <br /> Greene, Commissioner Portie-Ascott, Commissioner McKee); Nays, 1 (Commissioner <br /> Fowler) <br /> MOTION PASSES <br /> Slide #24 <br /> Operating Amendments <br /> Amendment Sponsor Budget DePage Revenue Expense Total <br /> partment Amendment General Fund General Fund General Fund budget based on <br /> OP-B99 All approved board $86,349 $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 NORTH CAROLINA <br />