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14 <br /> Slide #5 <br /> County Revenue Sources <br /> ■Property Tax <br /> Sal-Tax Sales Tax <br /> Intergovernmental <br /> ■Charges for Service <br /> ■Other Revenue <br /> ■Transfers in <br /> Charges for Service <br /> 5-2% <br /> Other Revenue ie Approp of Fund Balance <br /> Transfers In 7.0% <br /> 0.0% <br /> Approp or Fund Balance <br /> 2.3% <br /> ORANGE COUNTY <br /> S NORTH CAROLINA <br /> 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 /> 6 ORANGE <br /> H COUNTY <br /> Y <br /> Chair Hamilton asked if the $33.9 billion tax base includes 2025 growth. <br /> Travis Myren said yes, and that for next year they are projecting an additional 2%. <br /> Chair Hamilton asked what the growth was for the current year. <br /> Kirk Vaughn, Budget Director, said they don't track growth in the same way in revaluation <br /> years. He said instead you use the prior three years' growth. He said they had higher than 2% <br />