Orange County NC Website
82 <br /> P-) ngRange Financial Model <br /> GENERAL FUND SUMMARY FORECAST <br /> Actual Original Projected Projected Projected <br /> 2024-25 2025-26 2026-27 2027-28 2028-29 <br /> ($ in Thousands) <br /> Property Tax 205,344 212,897 217,198 221,634 226,163 <br /> Sales Tax 43,717 44,145 45,847 47,406 49,026 <br /> Intergovernmental 21,184 22,314 22,286 22,718 23,383 <br /> Charges for Service 15,594 15,970 16,249 16,535 16,830 <br /> Other Revenue 5,579 2,989 2,966 2,974 2,982 <br /> Transfers In 1,150 666 114 117 121 <br /> Approp of Fund Balance - 7,056 7,056 7,268 7,486 <br /> Total Revenues 292,568 306,037 311,716 318,873 326,217 <br /> Personnel Services 101,973 108,603 114,350 118,628 123,081 <br /> Operations 36,327 36,541 37,471 38,397 39,351 <br /> Recurring Capital 1,417 184 188 192 195 <br /> Education 109,118 116,502 119,999 123,597 127,303 <br /> Contribs. to Other Agencies 2,256 2,331 2,352 2,374 2,396 <br /> Transfers To (Including Debt) 39,020 41,877 57,458 68,786 82,100 <br /> O&M Impact from CIP - 0 1,347 4,319 5,161 <br /> Total Expenditures 291,420 306,037 333,166 356,293 379,587 <br /> Net Annual Rev Ex 1,148 (0) (21,450) (37,640) (53,596) <br /> lGap to Closl 0 21,450 37 640 53,596 <br /> Initial Model expects a $21 .5 M gap to close for the FY 27 budget. ORANGE COUNTY <br /> 23 NORTH CAROLINA <br />