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27 <br /> Slide#6 <br /> FY 2026-27 Operating Budget Options <br /> • Major Cost Increases for FY2026-27 <br /> FY2026-27 New General Fund Expense Totals <br /> Debt Service $ 7,800,000 <br /> Pay-Go $ 3,000,000 <br /> K-12 Current Expense + Nurse/SRO $ 2,924,000 <br /> County Personnel Costs $ 5,507,000 <br /> County Costs to Continue $ 1,440,000 <br /> 6 OR NG COUNTY <br /> NA <br /> Slide#7 <br /> FY 2026-27 Operating Budget Options <br /> • Budget Option Targets <br /> Value of a one cent on tax rate $3,374,390 <br /> 2 cent tax rate increase ($5,905,183) <br /> No tax Increase ($12,653,963) <br /> ORANGE COUNTY <br /> 7 NORTH CAROLINA <br /> Travis Myren said that reaching a 2-cent tax increase scenario would require approximately$5.9 <br /> million in reductions beyond what is in the recommended budget, and that a no-tax-increase scenario <br /> would require approximately$12.6 million in additional reductions. <br />