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HomeMy WebLinkAboutAgenda - 09-06-2022; 6-b - Acknowledgement and Reaffirmation of Uses for the Proceeds from the Article 46 Sales Tax 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: September 6, 2022 Action Agenda Item No. 6-b SUBJECT: Acknowledgement and Reaffirmation of Uses for the Proceeds from the Article 46 Sales Tax DEPARTMENT: Economic Development & County Manager's Office ATTACHMENT(S): INFORMATION CONTACT: 1) April 5, 2011 Resolution Calling Travis Myren, Deputy County Manager, For a November 8, 2011 Special (919) 245-2308 Advisory Referendum Concerning Steve Brantley, Economic Development the Levy of a One-Quarter Cent Director, (919) 245-2326 (1/4¢) County Sales and Use Tax 2) June 21, 2011 Resolution Regarding Uses of Potential Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax 3) December 5, 2011 Resolution Levying an Additional One-Quarter Cent County Sales and Use Tax in Orange County 4) Proposed Resolution Dated Regarding Continued Uses of Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax PURPOSE: To approve a new Resolution regarding the Economic Development portion of the Article 46 One-Cent (1/4¢) optional sales and use tax approved by voters on November 8, 2011; and confirm Orange County's continued commitment to fund economic development and public school capital needs for the next ten years, originally evidenced by the Resolution approved by the Board on June 21, 2011. BACKGROUND: On April 5, 2011 the Board of County Commissioners adopted a Resolution calling for a Special Advisory Referendum to be held on November 8, 2011 concerning the levy of a One-Quarter-Cent County Sales and Use Tax (Attachment 1). On April 19, 2011 the Board of Commissioners adopted A Resolution Regarding Uses of a Potential Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax. The resolution established a ten-year commitment to allocate 50% of the funding to the County's two school systems and 50% of the funding to Economic Development initiatives. 2 On June 21, 2011 the Board of Commissioners approved an updated Resolution regarding uses of potential revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax (Attachment 2). Below are the initial categories identified for the 50% Economic Development portion of the funding. Focus Area Percentage of Funds Estimated Annual Expenditures Debt Service on 60% $750,000 Infrastructure • Installation of backbone water and sewer infrastructure in Economic Development Districts • Fiber optic availability for non-residential development as appropriate • Approximately 60% of allocated funds will be used for debt service annually for the next 10 years Collaborative Outreach 1.5% $15,000 - $20,000 • Marketing and prospect recruitment, including trade shows targeted to specific business clusters • Collaborative development projects with municipal partners • Industry Appreciation events allowing Orange County industries the opportunity to network with other businesses and local and state officials • Development of a Local "Economic Health" Summit, providing a regular update of the County's Economic Development programs and provide an assessment of the County's economic health collateral Materials 1.5% $20,000 • Creation of materials inventory to support marketing efforts, both in cooperation with our municipal partners and stand-alone materials • Update Orange County Economic Development's online presence Innovation Space 5-10% $75,000 - $125,000 • Foster the local growth of university-affiliated entrepreneurs • Support transition from university to private sector, such as providing lease subsidies • Work with municipal and/or university partners to identify specific areas of targeted assistance Agriculture Economic 2-20% $25,000 - $250,000 Development • Provide limited capital support to PFAP for processing equipment that can add value to Orange County farm products • Provide support to local farmers to strengthen their product marketing and promotion • Continue to develop support network for new farmers • Provide assistance for food entrepreneurs that have graduated from PFAP Business Investment 8% $100,000 Grant • Facilitate marketing Orange County to prospective businesses • Client support for site preparation, relocation assistance, or site investigations • Competitive pursuit of tar eted projects Small Business Loan T0-16% Up to $200,000 for the first Program few years • Start-up capital and expansion funds for Orange County small businesses 3 • Collaborate with local economic development partners (municipalities, chambers of commerce) to extend the program's reach Establishment of 501c (4) 12-16% Up to $200,000 for several entity years • Explore the feasibility of creating public-private stand-alone economic develop entity On November 16, 2011 the Orange County Board of Elections certified to the Board of County Commissioners that, in said advisory referendum held on November 8, 2011, 10,749 ballots (60.68%) were cast FOR and 6,965 ballots (39.32%) AGAINST the levy of the additional one- quarter cent (1/4¢) County Sales and Use tax in the County. On December 5, 2011 the Orange County Board of Commissioners adopted a Resolution to approve uses of Article 46 revenue to fund economic development and public school capital needs for an initial ten years (Attachment 3). A Special Revenue Fund was established to receive and account for the One-Quarter Cent 1/4¢) County Sales and Use Tax. The funds have remained separate from the County's General Fund to allow for more accurate tracking of revenues and expenditures in accordance with the initial ten-year allocation plan. Collections for the initial ten-year period have been as follows: 2012 - $709,663.25 2013 $21732,717.94 2014 $2,859,674.61 2015 $3,000,536.84 2016 $3,215,661.88 2017 $3,535,129.93 2018 $3,725,492.96 2019 $3,987,946.55 2020 $3,674,507.75 2021 $4,318,897.26 $1,282,154.63 2022 (Partial Reporting) Total $26,367,339.01 During the 2012 to mid-year 2022 period, Orange County Schools and Chapel Hill Carrboro City Schools have received 50% or $13,183,669.51 of the total Article 46 revenues. As the initial ten-year period for Article 46 funding has expired, the following categories for the Economic Development portion of Article 46 funding are being proposed. It is anticipated that the Education portion of Article 46 will remain as outlined in the original Resolution. Focus Area Estimated Annual Expenditures Debt Service on Utility Infrastructure $881,720 Examples include: Installation of backbone water and sewer infrastructure in the Economic Development Districts Economic Development Partnerships $272,000 4 Examples include: Economic Development Summit, Chambers of Commerce Dues, UPROAR Art Festival, Collaborative Outreach with Municipalities, Durham Technical Community College's Small Business Program, Research Triangle Regional Partnership Dues Entrepreneurship $325,500 Examples Include: Launch Inc. Innovation Center, Eno Mill Arts Incubator, Piedmont Food Processing Center Agriculture Economic Development $195,340 Examples Include: Agriculture Summit, Breeze Farm Contribution, Farm App, Partial Funding of Agriculture Economic Developer Position, Agriculture Grant Program Business Financial $825,000 Programs !" ro rams Examples Include: Business Investment Grants, Company Incentives Economic Development Operations $502,894 Examples Include: Economic Development Department Budget, County Indirect Costs Workforce Development $250,000 Examples Include: Durham Tech Promise (Scholarships), Durham Tech Back-to- Work Initiative Estimated Annual Expenditures are based on the FY 2022-23 Budget and available Economic Development Article 46 reserves. Actual expenditures will vary year-over-year based on Sales and Use Tax collections and Board of County Commissioners' approved budgets. EconomicAdopted Uses of Development 7 for FY i Debt Service on Infrastructure $881,720 Innovation Center— "Launch Chapel Hill" $73,500 Agricultural Grants $100,000 Business Investment Grants $150,000 Agriculture Summit $5,000 Economic Development Summit $30,000 Durham Tech Promise (Scholarships) $200,000 Durham Tech Back-to-Work Initiative $50,000 Breeze Farm Contribution $10,000 Arts Incubator $10,000 Farm Application $3,600 Economic Development Department Budget for FY 22-23 $355,502 5 Indirect Costs associated with Economic Development $147,392 Department, as per County's Cost Allocation Plan County's 75% share of Agricultural Economic Development $76,740 Position — now in Cooperative Extension Department Chamber Dues $7,646 Total $2,101,100 Adopted of Article 46 Reserve Funds • 1Amount Incentives —Wegmans & ABB $675,000 Capital Pay-Go for Piedmont Food Processing Center HVAC $242,000 Replacements Beacon Public Arts Festival $50,000 Durham Tech Small Business Program $70,000 Collaborative Outreach $60,000 Research Triangle Regional Partnership $50,000 Chamber Dues $4,354 Total $1,151,354 SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to this item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal impact associated with this item. Any environmental impact within the Economic Development Districts will be appropriately reviewed and determined by Orange County Planning and Inspection Department's adherence to the County's Unified Development Ordinance, and the State of North Carolina's environmental regulations. RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the Chair to sign the attached Resolution reaffirming Orange County's commitment to economic development and public school capital needs for a period of ten additional years. ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION CALLING FOR A NOVEMBER 8, 2011 SPECIAL ADVISORY REFERENDUM CONCERNING THE LEVY OF A ONE-QUARTER CENT (1/4¢) COUNTY SALES AND USE TAX WHEREAS, the North Carolina General Assembly has enacted the "One-Quarter Cent (1/4¢) County Sales and Use Tax Act," Article 46 of Chapter 105 of the North Carolina General Statutes (Session Law 2007-323), which authorizes counties to levy a local sales and use tax; and WHEREAS, in order to le the local sales and use tax the County of levy ty Orange must conduct an advisory referendum in accordance with the provisions of the North Carolina General Statutes Section 163-287; NOW, THEREFORE, BE IT RESOLVED by the Orange County Board of Commissioners that: Section 1: In accordance with the North Carolina General Statutes, a special advisory referendum is hereby called to be held between the normal time the polls are open on Tuesday, November 8, 2011, at which there shall be submitted to the qualified voters of the County of Orange the question set forth in Section 3 of this Resolution. Section 2: The Orange County Board of Elections shall conduct said Referendum. Section 3: The ballot question shall be in the following form: [ ] 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. Section 4: The Clerk to the Board of Commissioners is authorized and directed to transmit a certified copy of this Resolution to the Orange County Board of Elections within three (3) days after the passage hereof. Section 5: The Board of Elections shall publish legal notice of the special advisory referendum in accordance with North Carolina General Statutes Section 163-287. Section 6: This Resolution shall take effect upon its passage. ADOPTED this the 5th day of April , 2011. qj Es ORANGE COUNTY BOARD OF COMMISSIONERS A Resolution Regarding Uses of Potential Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax WHEREAS, there are significant pressing infrastructure, economic development, school, and other County capital needs that are precipitated by growth pressures and the new economic reality facing Orange County; and WHEREAS, it is important to provide Orange County taxpayers with alternatives to the pressure to raise property taxes to address these and other County needs; and WHEREAS, the levy of a Article 46 one-quarter cent (1/4¢) County sales and use tax would provide a new County revenue source and would generate approximately $2,500,000 annually for the County; and WHEREAS, it is important for Orange County to plan for future economic development that will enable the County to recruit, retain, grow, and generate businesses and jobs that are desirable; and WHEREAS, it is important that Orange County expand collaboration and cooperation of economic development efforts and decisions between Orange County and the towns of Chapel Hill, Carrboro and Hillsborough and the cities of Mebane and Durham; and WHEREAS, it is important for Orange County to meet public school needs; and WHEREAS, the Board of Commissioners establishes a ten-year commitment to allocate Article 46 one-quarter cent (1/4¢) County sales and use tax proceeds as follows: a. 50% of the funding will be allocated in an equitable manner between the County's two school systems, based on the Average Daily Membership of each school system, for the dedicated purpose of funding capital projects, including but not limited to facility improvements at `older' schools and the procurement of technology. The Board requests that each school system furnish the Board of Commissioners with a detailed list of prioritized projects that could be completed with anticipated funding over the next ten years. The Board will evaluate the projects and approve a ten-year plan which will be incorporated into the County's Capital Investment Plan. As part of the Capital Investment Plan annual review, progress will be evaluated annually and adjustments made according to needs agreed upon by the School Boards and Board of County Commissioners; b. 50% of the funding will be allocated to Economic Development initiatives generally as shown on the attached chart and the Board of Commissioners will approve a ten-year Economic Development Plan as part of the County's Capital Investment Plan; and 8 WHEREAS, if additional funding does not come from the one-quarter cent (1/4¢) County sales and use tax, the property tax will be the primary funding source available for schools and economic development initiatives; and WHEREAS, to distinguish and separate the revenues produced through this Y4 cent sales tax, if approved by Orange County voters, a Special Revenue Fund will be established to receive and account for the sales tax revenue. These funds will not supplant funding for the Board's endorsed funding target of 48.1% for annual spending on both school systems. The funds will remain separate from the County's general fund to allow for more accurate tracking of revenues and expenditures in accordance with initial ten-year allocation plan established as part of this resolution; NOW, THEREFORE, BE IT RESOLVED THAT the Orange County Board of Commissioners hereby states its intent to use the revenues from the Article 46 one-quarter cent (1/4¢) County sales and use tax, if approved by the voters of Orange County, for currently unfunded or underfunded economic development and public school capital needs for a period of ten years, with a scheduled implementation date of April 1, 2012. BE IT FURTHER RESOLVED THAT proceeds from the one-quarter cent (1/4¢) County sales and use tax in later years will be used to address priorities as established by the Board of Commissioners in the County's Capital Investment Plan. This the 21St day of June, 2011. Bernadette Pelissier, Chair Orange County Board of Commissioners PROPOSED ECONOMIC DEVELOPMENT USES OF SALES TAX PROCEEDS 9 Focus Area Percentage Estimated Example Activities Frequency g p q Y of Funds Annual Expenditures Debt Service on C0% $750,000 • Installation of water and sewer infrastructure in Annually for 10 years Infrastructure EDDs Collaborative 1.5% $15,000 - $20,000 • Trade shows targeted to specific industry Annually for 10 years; Outreach clusters amount of funding will • Industry Appreciation events businesses vary • Local "Economic Health" Summit Collateral Materials 1.5% $20,000 • Updated Internet interface Funding only required • Utilization of appropriate social media tools every 2 to 3 years • Development of informative brochures Innovation Space 5 - 10% $75,000 - • Up fit of a county-owned innovation space Funding will vary with site $125,000 Rent subsidies and/or leasehold improvements improvement on privately owned leasable space requirements Agricultural 2 -20% $25,000 - • Focused counseling for food-based businesses 10 years,but funding will Economic $250'000 graduating from PFAP vary with program Development • Creation of a'culinary kitchen' facility to requirements provide facilities for PFAP graduates Business 8% $100,000 • Advanced site preparation 10 years,but funding will Investment Grants • Relocation assistance vary with project Small Business 0% - 16% Up to $200,000 • Start-up capital and expansion funds for Orange After several years, Loan Program for next few County small businesses program will be self sufficient years Establishment of 12- 16% Up to $200,000 • Develop public-private stand alone economic Expenditures in Years 2— 501c (4) entity for several years develop entity 5 for start up funding 1 Reflects the percentage of economic development funds,rather than overall funds Sales Tax Initiative- Orange County Economic Development June 13, 2011 DRAFT Page 1 of 1 �a11-l07 10 ORANGE COUNTY BOARD OF COMMISSIONERS A Resolution Levying an Additional One-Quarter Cent (1/4¢) County Sales and Use Tax in Orange County WHEREAS, Article 46 of Chapter 105 of the North Carolina General Statutes (NCGS Sections 105-535 through 105-538) authorizes the Board to levya One-Quarter Cent (1/4¢) County Sales and Use Tax in the County, subject to an subsequent to the affirmative vote of a majority of those voting in an advisory referendum held by the County on the question of whether to levy such local sales and use tax in the County as required by NCGS 105-537; and WHEREAS, in connection therewith, the Board has heretofore directed the Orange County Board of Elections to conduct an advisory referendum on such question, which advisory referendum was held on November 8, 2011; and WHEREAS, the Board of Elections has certified to the Board that, in said advisory referendum, the ballots were cast 10,749 (60.68%) FOR and 6,965 (39.32%) AGAINST the levy of the additional One- Quarter Cent (1/4¢) County Sales and Use Tax in the County; and WHEREAS, NCGS 105-537 permits the Board, after public notice of its intent to do so, to adopt a resolution levying the additional One-Quarter Cent (1/4¢) County Sales and Use Tax in the County; and which notice was published at least 10 days before the date of this meeting; and WHEREAS, the Board has determined that the levy of the additional One-Quarter Cent (1/4¢) County Sales and Use Tax in the County is necessary to fund significant pressing school facility and technology needs, and infrastructure improvements needed for economic development initiatives; NOW, THEREFORE, BE IT RESOLVED by the Orange County Board of Commissioners as follows: Section 1. There is hereby levied within the County the additional One-Quarter Cent (1/4¢) County Sales and Use Tax authorized by Article 46 of Chapter 105 of the NCGS (Sections 105-535 through 105-538). Section 2. Collection of the additional One-Quarter Cent (1/4¢) County Sales and Use Tax by the North Carolina Secretary of Revenue shall begin on April 1, 2012 and continue thereafter. Section 3. The net proceeds of the additional One-Quarter Cent (1/4¢) County Sales and Use Tax levied hereby shall be distributed by the Secretary of Revenue to Orange County in accordance with Article 39 Chapter 105 of the North Carolina General Statutes. Notwithstanding the provisions of Article 39 of Chapter 105, the additional One-Quarter Cent (1/4¢) Sales and Use Tax shall not apply to the sale of food that is exempt from the tax pursuant to NCGS 105-164.13B. The Secretary shall not divide the amount allocated to Orange County between Orange County and the municipalities within Orange County. Section 4. The publication of the Notice of Intent to Adopt Resolution levying the additional One- Quarter Cent (1/4¢) Sales and Use Tax in Orange County is hereby ratified and approved. Section 5. This resolution shall take effect immediately upon its adoption. A certified copy of this resolution shall be forwarded to the Secretary of the North Carolina Department of Revenue, P.O. Box 25000, Raleigh, NC 27640, along with a certified copy of the Board of Education results from the advisory referendum. ADOPTED this the 5th day of December, 2011. Gf' Bernadette Pelissier, Chair Orange County Board of Commissioners 11 RES-2022-041 Attachment 4 ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION A Resolution Regarding Continued Uses of Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax WHEREAS, there remain significant pressing infrastructure, economic development, and school needs; and WHEREAS, it is important to provide Orange County taxpayers with alternatives to the property tax to address these needs; and WHEREAS, the levy of an Article 46 one-quarter cent (1/4¢) County sales and use tax has provided the County with a revenue source that is now generating over $4,000,000 annually for the County; and WHEREAS, it is important for Orange County to continue to invest in future economic development that will enable the County to recruit, retain, grown, and generate businesses and jobs that are desirable; and WHEREAS, it is important for Orange County to meet public school needs; and WHEREAS, the Board of Commissioners establishes a new ten-year commitment to allocate Article 46 one-quarter cent (1/4¢) County sales and use tax proceeds as follows: a. 50% of the funding will continue to be allocated between the County's two school systems on the basis of average daily membership for the dedicated purpose of funding capital projects, including but not limited to facility improvements and the procurement of technology. The Board requests that each school system furnish the Board of Commissioners with a detailed list of prioritized projects that could be completed with anticipated funding over the next ten years. The Board will evaluate the projects and a ten-year plan which will be incorporated into the County's Capital Investment Plan. As part of the Capital Investment Plan annual review, progress will be evaluated annually and adjustments made according to needs agreed upon by the School Boards and Board of County Commissioners. b. 50% of the funding will be allocated to Economic Development initiatives including but not limited to: funding utility infrastructure in the Economic Development Districts needed to recruit and locate new businesses, business financial programs to promote the recruitment, retention and expansion of new and existing businesses, innovation centers to provide space for new start-up businesses, funding support for the County's agriculture businesses, and funding to support workforce development needs; and 12 WHEREAS, to distinguish and separate the revenues produced through this '/4 cent sales tax, a Special Revenue Fund will continue to be utilized to receive and account for the sales tax revenue. These funds will continue to remain separate from County's general funds to allow for more accurate tracking of revenues and expenditures in accordance with a new ten-year allocation plan established as part of this resolution; NOW, THEREFORE, BE IT RESOLVED the Orange County Board of Commissioners hereby states its intent to continue to use the revenues from the Article 46 one-quarter cent (1/4¢) County sales and use tax for continued economic development and public school needs for an additional ten years. BE IT FURTHER RESOLVED THAT proceeds from the one-quarter cent (1/4¢) County sales and use tax in later years will be used to address priorities as established by the Board of Commissioners in the County's Capital Investment Plan. This the 6th day of September, 2022. Renee Price, Chair Orange County Board of Commissioners Laura Jensen, Clerk to the Board