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Port of Orange Board of Commissioners
by Garrett Bryce
Tuesday, September 12, 2017

The Port of Orange Board of Commissioners on Monday voted unanimously to adopt the port's FY2018 Budget.

The budget anticipates revenues of $2,482,700, and expenditures of totaling $4,958,500, including capital programs. Some projects in the capital program may be deferred based on actual costs and revenues. The budget includes a 3 percent across-the-board increase for port staff.

The board voted unanimously to adopt a property tax rate of $0.0073 per $100 valuation for the 2017 Tax Year. The rate is equal to the effective rate, which would provide revenues similar to the previous year, based on existing properties on the tax rolls.

The board voted unanimously to approve the revised FY2017 Budget.

No other action items were on the agenda. All members were present. Agenda

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