Orange County NC Website
Goals and Objectives <br />13 <br />■ Present a detailed analysis of the County's Existing Tax Supported Debt Profile. <br />— Analyze a series of Key Financial Ratios so as to better understand the County's Existing Debt Profile and future Debt <br />Capacity. <br />— Provide an initial perspective on the "Affordability" of existing debt service and pay -go capital (i.e. Debt Affordability). <br />— Examine a series of Peer Comparatives to understand how the County's Existing Debt Profile compares against national <br />and North Carolina counties. <br />■ Review the County's Tax - Supported Capital Improvement Program and analyze the potential impacts on the County Tax <br />Supported Debt Profile <br />— Revisit the Key Financial Ratios. <br />— Analyze the impact of proposed financings and pay -go capital funding on the County's Debt Affordability. <br />■ Provide a series of observations related to the County's Capital Funding Capacity and work towards developing a <br />Comprehensive Plan of Finance that will: <br />— Minimize rate impacts on the County's Citizens. <br />— Maintain a healthy Debt Profile in line with the County's strong credit ratings and adopted Financial Policy Guidelines. <br />■ Provide an analytical framework for additional CIP decisions related to project prioritizations and approvals. <br />DAVENPORT & COMPANY <br />September 26, 2013 Orange County, NC 2 <br />