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HomeMy WebLinkAboutRES-2008-059 Potential One-Quarter Cent Sales Tax Increase Referendum PH ResolutionDRAFT ~ ~s - a~~ ~-~ s~ 3 ORANGE COUNTY BOARD OF COMMISSIONERS i~.:e ,v~ e ~ A Resolution Regarding the Conduct of an Advisory Referendum on the Question of Whether to Levy a Local Sales and Use Tax WHEREAS, local governments in North Carolina have historically relied heavily on the ad valorem property tax as their major source of revenue; and WHEREAS, Orange County's reliance on the ad valorem property tax has increased steadily during this decade to the point that more than 70 percent of the County's revenue as anticipated in the adopted 2008-09 Orange County Budget Ordinance derives from this source; and WHEREAS, for a number of years, the Orange County Board of County Commissioners, the North Carolina Association of County Commissioners and many other Boards across the state have lobbied the North Carolina General Assembly for legislative authority to expand counties' revenue options and thereby to lessen counties' reliance on ad valorem property taxes; and WHEREAS, during the 2007 legislative session, the General Assembly enacted the °One-Quarter Cent County Sales and Use Tax Act°, Article 46 of Chapter 105 of the North Carolina General Statutes which authorizes counties to levy an additional sales and use tax; and WHEREAS, on August 19, 2008 the Orange County Board of Commissioners held a public hearing to seek community input regarding the revenue options prospectively to be placed on the November 4, 2008 ballot; WHEREAS, on August 19, 2008 the Orange County Board of County Commissioners decided to seek voter approval of an additional County sales and use tax on the November 4, 2008 ballot; and WHEREAS, in order to levy the local sales and use tax, the County of Orange must conduct an advisory referendum in accordance with the provisions of North Carolina General Statues Section 163-287; and NOW, THEREFORE, BE IT RESOLVED pursuant to North Carolina General Statute 105-537, the Board directs the following advisory referendum, with the concurrence of the Orange County Board of Elections, to be held on November 4, 2008:. [ ]FOR [ ]AGAINST Local sales and use tax at the rate of one-quarter percent (0.25%) in addition to all other State and local sales and use taxes. Upon motion of Commissioner ,seconded by Commissioner ,the foregoing resolution. was adopted this the day of , 2008. I, Donna S. Baker, Clerk to the Board of Commissioners for the County of Orange, North Carolina, DO HEREBY CERTIFY that the foregoing is a true copy of so much of the proceedings of said Board at a meeting held on as relates in any way to the adoption of the foregoing and that said proceedings are recorded in the Minute Book of the Board. WITNESS my hand and the seal of said County, this day of , 2008. Clerk to the Board of Commissioners