Orange County NC Website
. Dedicated revenues offset a portion of County and School annual debt service payments <br />. School Construction Impact Fees, Public School Building Funds, Dedicated Property <br />Taxes <br />. Slight variation regarding earmarking of property tax to fund School and County projects <br />. Based on March 15, 2006 Board work session discussions, revenue projections for fiscal <br />year 2006-07 continue at current year Board approved funding level of 1 cent for School <br />long-range projects and no dedicated property taxes for County projects <br />. Restoration of adopted policy earmarking of three cents {2 for schools and 1 for County} <br />occurs in fiscal years 2007-08 {1 penny) and 2008-09 {additional 1 penny) <br />Revenue Observations <br />Non-Pau-As-You-Go <br />^ Debt Financing <br />. In accordance with debt issuance plans shared with Board at January 20, 2006 Board <br />retreat <br />. Issued, unspent 1997 voter approved bonds <br />. Issued and not issued 2001 voter approved bonds <br />. Alternative financing <br />^ Restricted Revenues <br />. Grant funds and fees for service <br />County Proiect Highlights <br />New Facilities <br />^ New Animal Services Facility - $5.7 million <br />^ Justice Facility Construction and New Courthouse Renovations - $10.5 million <br />^ Meadowlands Annex - $1.9 million <br />^ Orange County Campus of Durham Technical Community College {county share} - $4 million <br />County Proiect Highlights <br />Current Facilities <br />^ ADA Compliance - $925,000 <br />^ Central Recreation Repairs and Renovations - $635,000 <br />^ Jail Renovations - $1.1 million <br />^ Northern Human Services Center - $891,000 <br />County Proiect Highlights <br />Preservation Protects <br />^ Land Preservation - $26.6 million <br />. Conservation Easements, Lands Legacy, Greenways <br />^ County Facility Preservation - $14.2 million <br />