HomeMy WebLinkAboutRES-2007-072 Resolution of Intent to Create a Local Revenue Operations Education Advisory Committee'~Z ,~ s -aoo 7 a o 6 x
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Orange County Board of County Commissioners ~ ~
A Resolution of Intent to Create a Local Revenue Options Education Advisory Committee
WHEREAS, local governments in North Carolina have historically relied heavily upon ad
valorem property taxes as their major source of revenue; 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 General Assembly for legislative authority to expand counties' revenue options
and lessen counties' reliance on property taxes; and
WHEREAS, during the 2007 legislative session, the North Carolina General Assembly granted
counties the authority to enact new local revenue options - either a .4% land transfer tax or an
additional'/4-cent sales tax; and
WHEREAS, on September 19, 2007, the Orange County Board of County Commissioners
decided to seek voter approval of the local revenue options on the May 6, 2008 ballot, agreed to
a tentative timeline for seeking voter approval .and decided to seek input from community
partners regarding which tax(es) to include on the ballot;
NOW, THEREFORE BE IT RESOLVED THAT the Orange County Board of County
Commissioners does hereby indicate its intent to create a Local Revenue Options Education
Advisory Committee to assist in public information efforts related to the May 6, 2008 Local
Revenue Options referendum, with the Board planning to appoint Committee members and a
chair, or co-chairs, at its November 5, 2007 regular meeting.
This 9~' day of October 2007.