Orange County Board of Commissioners Legislative Issues Report March 2026
CITEL Expansion Adds Jobs, Tax Revenue to County
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Description
CITEL brings 79 new jobs and over $160,000 in new property tax revenue to Orange County during the first 10 years of operations after its recent expansion.
Contract Details
Contract Amount
$162,880 in property tax revenue over 10 years for new expansion; $80,000 annually in year 11+
Vendor
CITEL
Agency
Orange County, NC
Contract Type
OTHER
Document Date
March 19, 2026
Contract Term
First 10 years property tax incentives for expansion; ongoing operations
Renewal Info
Ongoing property tax benefit from business development; specific economic development agreement not detailed.
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