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2 <br /> 1 Slide#2 <br /> FY2026-27 Operating Budget Introduction <br /> FY2026-27 Operating Budget Priorities <br /> t. Minimize Tax Rate Increase 4. Maximize Efficiencies in County Operations and <br /> Underscore Cost Recovery while Preserving Core <br /> Services <br /> 2. Prioritize Public Safety and Social Safety Net <br /> Direct Services <br /> 5. Modestly Invest in the Employee Compensation <br /> 3. Support School Current Expense and Pay-Go Package <br /> Funding Amid Declining Enrollment <br /> 6. Align any New Budget Investments with Strategic <br /> Plan Goals <br /> ORANGE COUNTY <br /> 2 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide#3 <br /> FY 2026-27 Operating Budget Introduction <br /> • Total Recommended Budget at a Glance <br /> -Total General Fund Revenue-$325,130,721 <br /> $275,868,111 Generated by Taxes—Property Tax,Sales Tax and Licenses—85% <br /> $49,262,610 Generated by County Operations—Grants,Fees,Donations,Fund Balance,Interest,etc.—15% <br /> -Total Operating Budget(General Fund)-$325,130,721 <br /> Total K-12 Education(Operating+Debt Service)$148,379,362 or 54%of County Tax Revenue <br /> Net County(Operating+Debt Service—Dept Revenue)$127,488,749 or 46%of County Tax Revenue <br /> ORANGE COUNTY <br /> 3 NORTH CAROLINA <br /> 5 <br /> 6 Travis Myren said the total recommended budget is $325.1 million, with approximately $275.8 <br /> 7 million derived from tax revenue and the remainder from fees and intergovernmental revenue. He said <br /> 8 that when divided between education and county operations — after subtracting department- <br /> 9 generated revenue —the split is approximately 54%to K-12 education and 46%to county operations. <br /> 10 <br /> 11 <br />