Orange County NC Website
FY 2014 -19 Orange County Capital Investment Plan Projects <br />School Summary - Revenues <br />Year 1: FY 2014 -15 <br />$5,061,129 <br />Years 1 -5: FY 2014 -2019 <br />$41,358,333 <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 2014 -15 as in FY 2013 -14, and assumes a 1.5% annual growth throughout the 5 year CIP period. <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 distributed on the basis <br />of each school system's Average Daily Membership (ADM). <br />93 <br />