Orange County NC Website
5 <br /> The criteria used for evaluating non-School projects was similar. These criteria, as adopted by <br /> the Task Force, are as follows: <br /> • Consider the number and spectrum of people affected. <br /> • Consider the timing of the needs. <br /> • Consider whether the project serves a diversity of needs. <br /> • Consider whether it is a reasonable package that voters would support. <br /> • Consider whether a project addresses inequities in different parts of the county. <br /> • Is the County legally required to provide for the project? <br /> • Is the project a "big ticket" project? <br /> In the final meetings, the Task Force began developing a bond package. Individual members <br /> were asked to develop their own bond package, applying the evaluation criteria. The results <br /> were tallied and presented to the group. After discussing these results and further information <br /> on the projects, the Task Force voted on the final package. The vote was based on what <br /> members would recommend to be fully funded, to be partially funded, and projects not to be <br /> funded. In some instances, the Task Force decided to present a range to the Board of <br /> Commissioners. The final vote on the Task Force's package was 14 members in the <br /> affirmative, 3 members in the negative, and 3 members absent, and, therefore not voting. <br /> The Recommended Bond Package <br /> The Capital Needs Advisory Task Force is recommending to the Board of County <br /> Commissioners a bond package totaling $59,932,500 to $61,757,500 (ranges were given for <br /> affordable housing and a new senior center in central Orange County). This would require an <br /> estimated general fund property tax increase of between 3.5 and 4 cents per $100 of assessed <br /> valuation. The proposed bond includes two new schools, and a portion of the costs for a <br /> second high school in the Orange County School District. The Task Force is recommending <br /> that the other half of the costs for a new high school be paid by borrowing funds by private <br /> placement, with the payments made from the Orange County Capital Improvements Plan funds <br /> (for the impact on the Orange County Capital Improvements Plan, see Appendix E). <br /> The bond package recommended by the Task Force is shown on the following page. <br /> 3 <br />