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16 <br /> FY 2026-27 Operating Budget Introduction <br /> • Property Tax Rate <br /> - Residual/Net General Fund Revenue Needed - $1216501 000 <br /> - Recommended Tax Rate Increase — 3.75 cents per $100 of assessed Value <br /> - Total Tax Rate - increases from 63.83 cents per $100 of value to 67.58 cents <br /> ORANGE COUNTY <br /> 16 N©RTH CAROLINA <br />