Orange County NC Website
I <br />2 <br />for FY 2010-11 and the process to apply for available lottery proceeds to be used for debt <br />service substituting general fund revenues for FY 2010-11 approved capital projects. <br />FINANCIAL IMPACT: There is not a financial impact to the County. The financial impact is <br />limited to the district level. Both Boards of Education will have immediate access to their <br />allocated Lottery Funds to address their capital needs and projects. <br />RECOMMENDATION(S): The Manager recommends the Board approve the request from the <br />Orange County Schools Board of Education to dedicate Lottery proceeds to pay debt service <br />and substitute general fund revenues for FY 2010-11 approved capital projects. <br />