Friday, March 4, 2011

1/4-cent sales tax revisited

The county commissioners are again considering whether to put a 1/4-cent sales tax referendum on the November ballot. We've got a poll up at www.newsoforange.com that asks: Do you think the county should include a potential 1/4-cent sales tax increase on the November ballot?

Let us know in the comments, and then head on over to newsoforange.com to vote!

Then, you can let county commissioners hear your opinions:
The Orange County Board of Commissioners will hold a public hearing on Tuesday, March 15, during its regularly scheduled meeting at the Southern Human Services Center, located at 2501 Homestead Road in Chapel Hill. The meeting starts at 7 p.m.
The public hearing will provide an opportunity for the public to comment on a potential Nov. 8, 2011, referendum on a one-quarter cent 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 $2.5 million for Orange County on an annual basis. 
If the voters approved the referendum on Nov. 8, 2011, implementation would not start until April 1, 2012, generating approximately $625,000 for the remainder of FY 2011-12.

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