FOR IMMEDIATE RELEASE
Release Date: March 1, 2011
Contact: Frank Clifton, Orange County Manager, (919) 245-2300 or Michael Talbert, Deputy Financial Services Director, (919) 245-2153
Orange County Public Hearing on 1/4 Cent Sales Tax
HILLSBOROUGH, NC –The Orange County Board of Commissioners will hold a Public Hearing on Tuesday, March 15, 2011 during its regularly scheduled meeting at the Southern Human Services Center, 2501 Homestead Road in Chapel Hill. The meeting starts at 7:00 p.m.
The Public Hearing will provide an opportunity for the public to comment on a potential November 8, 2011 referendum on a one-quarter cent (1/4¢) additional sales tax in Orange County.
During the 2007 legislative session, the North Carolina General Assembly granted county boards of commissioners the authority to levy, subject to voter approval, an additional one-quarter cent county sales and use tax.
It is projected the one-quarter cent county sales and use tax would generate approximately $2,500,000 for Orange County on an annual basis. If the voters approved the referendum on November 8, 2011 implementation would not start until April 1, 2012 generating approximately $625,000 for the remainder of FY 2011-12.
Donna S. Baker, CMC
Clerk to the Board
P.O. Box 8181
200 South Cameron Street
Hillsborough, N.C. 27278
Phone: (919) 245-2130
Fax: (919) 644-0246