Orange County NC Website
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Primary Funding Sources <br />• Half cent sales tax and earmarked property <br />tax <br />• Grant funds <br />• School impact fees and State Public School <br />Building Funds <br />• Peak debt service for Orange County <br />Schools (page ii of Manager's Message) <br />April 2000 Bond Sales Affect on <br />Next Year's Available Funds <br />• Board recently authorized bond sales <br />totaling just over $40 million for School and <br />County projects <br />• Annual debt service installment projected <br />between $3 and $3.5 million <br />• First installment due next fiscal year (2000- <br />01) <br />3 <br />