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10 <br /> 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 /> Slide#5 <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 20,0% <br /> $45,846,]87 <br /> $45.000.000.00 $43,396,780 $43,71],383 644.657.187 <br /> $42.643,725 <br /> $40,000,000.00 $37.996.379 15.0% <br /> $95,000,000.00 $ 101943 <br /> $30,000,000.00 $27844,579 $28,126,263 10,0% <br /> $25,fi76,026 <br /> $25,000,000.00 <br /> $20,000,000.00 5.0% <br /> $15,000,000.00 <br /> $10,000,000.00 0.0% <br /> $5,000,000.00 <br /> $0.00 -5.0°% <br /> FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Es[ FY 2027 Re <br /> �Salee Tax -YoY%Change <br />