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9 <br /> 1 Travis Myren said outside agency funding is recommended to remain flat at $693,000, with the <br /> 2 Habitat for Humanity contract transferred to the Housing Department. He said the budget recommends <br /> 3 reducing payments to the Chapel Hill and Mebane libraries and increasing the social justice fund. <br /> 4 <br /> 5 Slide#16 <br /> FY 2026-27 operating Budget Introduction <br /> • Property Tax Rate <br /> -ResidualtNet General Fund Revenue Needed-$12,650,000 <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 /> ,e <br /> ORANGNOR- E CAROLINA <br /> COUNTY <br /> 6 <br /> 7 Travis Myren said when all budget expenses and revenues are reconciled, a residual gap of <br /> 8 approximately $12.65 million remains, equating to a 3.75-cent increase on the tax rate, which would <br /> 9 bring the current rate from 63.83 cents to 67.58 cents per$100 of assessed value <br /> 10 <br /> 11 Slide#17 <br /> Manager's Recommended Tax Date <br /> • Manager's Budget Recommends Increase of 3.75 cents over FY 2025-26 <br /> r Impact on Home @$400,000=$150.00 r Impact on Home @$500,000=$187.50 <br /> County Tax Rate Hisory <br /> 120 <br /> 99.89 <br /> 1� 95.00 <br /> 88,0b 84.39 8589 85.80 85.87 85.80 85,80 87.86 87.80 87,80 85.W 86.79 86.79 86.14 <br /> 83.77 81.87 63.12 83.56 <br /> so <br /> 67.56 <br /> 81.83 <br /> 60 <br /> 49 <br /> 20 <br /> 0 <br /> FY 2995 FY 2906 FY 2907 FY 2998 FY 2009 FY 7119 FY 2911 FY 2912 FY 2913 FY 2914 FY 2915 FY 2016 FY 2017 FY 2918 FY 2019 FV 2020 FY 2921 FY 2922 FY 2923 FY 2024 FY 2925 FY 2026 FY 2927 <br /> R- <br /> 12 <br />