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115 <br /> INFORMATIONAL SECTION Page 121 <br /> There are two tax rates that are critical to the funding of our school district. These tax rates are <br /> managed and set by the Orange County Government during their annual budget adoption. The <br /> first rate to consider is the property tax rate (direct tax). The property rate is levied per $100 of <br /> assessed value of the property. It is the primary revenue source for the County comprising of <br /> over 70% of revenues in the General Fund. The table below shows the property tax rate trend <br /> since 2018: <br /> Property Tax Rate <br /> 0.90 0.868 <br /> 0.838 0.85 0.8358 <br /> 0.8312 <br /> 0.868 0.86 9 <br /> ro <br /> cC 0.80 0.818 <br /> x <br /> F-{ <br /> 0 0.70 <br /> a <br /> 0.6559 <br /> 0.60 <br /> 2018 2019 2020 2021 2022 2023 2024 2025 2026 <br /> Year <br /> The second critical funding source for the school district comes in the form of the Special <br /> District Tax. This tax is levied per$100 of assessed property value for tax payers located in the <br /> Chapel Hill-Carrboro City Schools District. The table below shows the Special District Tax rate <br /> trends since 2018: <br /> Special District Tax Rate <br /> 0.250 <br /> 0.2084 0.2018 0.2018 0.2018 0.198 <br /> a 0.200 0.1830 0.183 <br /> � 0.198 <br /> 4.1 0.150 <br /> U <br /> 4.1 <br /> 0.1476 <br /> q 0.100 <br /> 0 <br /> 0.050 <br /> V) <br /> 0.000 <br /> 2018 2019 2020 2021 2022 2023 2024 2025 2026 <br /> Fiscal Year <br /> Chapel Hill—Carrboro City Schools—FY 2026-27 Superintendent's Budget Request ffr <br />