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10 <br /> 1 Slide#4 <br /> FY 2026-27 Operating Budget Introduction <br /> • General Fund Revenue <br /> - Property Tax Natural Growth—2.27% Increase= $4.7 million <br /> - Natural growth has declined from 2%in prior years to 1.4% <br /> - Growth in Motor Vehicles (10.6%) <br /> Assumes Several Tax Base Adjustments <br /> - $120 million additional exemptions for properties qualifying as affordable housing <br /> - $65 million exemption for brownfield development <br /> - $10 million loss in value due to Tropical Storm Chantal damage as of January 1,2026 <br /> - $154.8 million loss assumed for new appeals of 2025 values <br /> ORANGE COUNTY <br /> 4 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide#S <br /> FY 2026-27 Operating Budget Introduction <br /> • General Fund Revenue <br /> - Sales Tax—2.7% over FY2025-26 Budget or$1.2 million <br /> Reduction in Hold Harmless payment—($300,000) <br /> Sales Tax by Fiscal Year <br /> $50,000,000.00 200% <br /> 545,846,]8] <br /> 545000.000.00 $43,396,780 $x3,71]383 $44.657.187 <br /> $42,643,725 <br /> $40,00D,000.00 $37.496.374 15.0% <br /> S35,D00,000.00 S ,101,443 <br /> S30,00D,00D.00 $27644579 $28,126,263 100% <br /> $25,676,026 <br /> $25,000,000.00 <br /> $26 OOD,00o CO 5.0% <br /> $15;000,000.00 <br /> $10.000.000.00 0.0°/ <br /> $s,DDD,Dee.o9 <br /> $0.00 -5.0% <br /> FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Eat. FY 2027 R- <br /> �Sa4eaTax —YoY%Change <br /> 5 <br /> 6 <br /> 7 <br />