Orange County NC Website
FY 2013 -18 Orange County Capital Investment Plan Projects <br />School Summary - Revenues <br />Year 1: FY 2013 -14 Years 1 -5: 2013 -2018 <br />$%007,410 $54,398,597 <br />131 <br />Note 1: The Article 46 one quarter cent sales tax proceeds for schools is included in the Special Revenue Projects section of the CIP. <br />Note 2: School Construction is guided by the Schools Adequate Public Facilities Ordinance (SAPFO) projections of capacity and need. <br />(1) PAYGO (Pay -As- You -Go) funds reflect same funding in FY 2013 -14 as in FY 2012 -13, and assumes a 1.5% annual growth throughout the 5 year CIP period. NOTE: <br />additional PAYGO funding was approved in FY 2012 -13 to reflect savings in debt service in FY 2012 -13. <br />(2) Lottery Proceeds are assumed at the same amount throughout the 5 year CIP period, based on the most recent lottery estimates from the State. The funds will be <br />distributed on the basis of each school system's Average Daily Membership (ADM). <br />F -Wel <br />