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14 <br /> 1 Slide #5 <br /> County Revenue Sources <br /> ■Property Tax <br /> Sales Tax5.1�s Tax . <br /> ■Intergovernmental <br /> ■Charges for Service <br /> P-pany Tax 7.1% <br /> ■Other Revenue <br /> ■Transfers In <br /> krgaa for sanlce <br /> 5.2% <br /> .1.,R®„ena Approp of Fund Balance <br /> Transfers Iia f-VI <br /> O.d°/o <br /> `..Approp of Fund Balance <br /> 2.3% <br /> ORANGE COUNTY <br /> ., NC)RTI-I CAROLINA <br /> Z <br /> 3 <br /> 4 Slide #6 <br /> FY 2026-27 Revenue Assumptions <br /> FY 2026-27 Property Tax Assumptions <br /> -Value of One Penny-$3.37 million based on $33.9 billion tax base <br /> Still finalizing FY 2026's tax base through the appeal process <br /> If tax base is reduced by less than 3%,budgeted revenue can be increased-each 1%yields —$2 million <br /> Final Board of Equalization and Review meeting scheduled for January 22 <br /> -2% Natural Growth = $4.3 Million <br /> - No Change in collection rates-99.2%for Property Tax, 99.6%for Motor Vehicles. <br /> -Total Property Tax Increase=$4.3 Million <br /> ORANGE COUNTY <br /> u NORTH CAROT.TNA <br /> 5 <br /> 6 Chair Hamilton asked if the $33.9 billion tax base includes 2025 growth. <br /> 7 Travis Myren said yes, and that for next year they are projecting an additional 2%. <br /> 8 Chair Hamilton asked what the growth was for the current year. <br /> 9 Kirk Vaughn, Budget Director, said they don't track growth in the same way in revaluation <br /> 10 years. He said instead you use the prior three years' growth. He said they had higher than 2% <br />