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6 <br /> Slide#9 <br /> Education State Budget Changes <br /> • Education — page 159 — Options for Board <br /> 1. Commissioner Amendment to increase FY2026-27 Current Expense funding <br /> Difference from 8%Wage <br /> Current Expense% Funding Increase Tax Impact Increase <br /> 3.0%$ 553,719 0.16$ (2,783,201) <br /> 3.5%$ 1,110,359 0.33$ (2,226,561) <br /> 4.0%$ 1,666,999 0.49$ (1,669,921) <br /> 4.5%$ 2,223,639 0.66$ (1,113,281) <br /> 5.0%$ 2,780,280 0.82$ (556,640) <br /> 5.5%$ 3,336,920 0.99$ <br /> 9 ORANGE <br /> COUNTY NORTH CAROL <br /> INA <br /> Commissioner McKee said a tax increase to get to 5.5%would take the total increase to almost 5 <br /> cents. <br /> Commissioner Bedford referred to slide #8. She said she didn't follow the math and asked if <br /> retirement affected the final increase needed based on the state's budget. <br /> Travis Myren said it would be related to the step increases as well as everything affected by <br /> changes in supplements. <br /> Commissioner Portie-Ascott said that if someone is living in the Eno fire tax district they would be <br /> looking at a 6.75 cent tax increase. <br /> Travis Myren said it would be an additional two cents on whatever the county's overall tax rate is. <br /> Commissioner McKee added that a resident would also be affected by fee increases. <br /> Commissioner Carter asked what the planning assumption was in the Manager's recommended <br /> current expense for supplemental increases. <br /> Travis Myren said it was 3% in the current year and 2.5% next year. He said the continuation <br /> request was 4%. <br /> Chair Hamilton said when the school systems have 8% raises,the county covers the supplements <br /> and any locally funded positions. She asked what other aspects are affected by salary increases. <br /> Travis Myren said fringe benefits. <br /> Chair Hamilton said that is for teachers. She asked what percentage is included for classified staff. <br /> Travis Myren said 3%. He said outside of current expenses, there are SROs and nurses for which <br /> the recommended budget assumed a 3% increase. <br /> Chair Hamilton said the recommended budget did not close the gap, even using the old figures. <br /> She clarified the amount needed for the state's proposed increase equals a penny on the tax rate. She <br /> said another option is to cut other parts of the budget to meet that increase. <br />