Orange County NC Website
Water and Sewer Projects Debt Service (to be paid with Article 46 Sales Tax proceeds) — based <br />on the current allocation for debt service for Economic Development initiatives, the accumulated <br />amount of revenue earmarked for debt service is adequate to cover debt service payments <br />through the 5 -year CIP period. <br />Active County Capital Projects — also included in the Appendices section is a list of all currently <br />active County Capital projects reflecting available balances as of February 28, 2013. <br />FINANCIAL IMPACT: There is no immediate financial impact associated with the FY 2013 -18 <br />Capital Investment Plan. It is a long -range financial planning tool with a financial impact in FY <br />2013 -14, if the first year of the CIP is approved by the Board of County Commissioners with the <br />adoption of the Annual Budget. <br />RECOMMENDATION(S): The Manager recommends the Board of County Commissioners <br />continue their review and discussion of the Manager's Recommended FY 2013 -18 Capital <br />Investment Plan and provide direction to staff in preparation of the May 9, 2013 Budget work <br />session. <br />