Orange County NC Website
10 <br /> 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 26, 2014. <br /> FINANCIAL IMPACT: There is no immediate financial impact associated with the FY 2014-19 <br /> Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY <br /> 2014-15, 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 continue their review and <br /> discussion of the Manager's Recommended FY 2014-19 Capital Investment Plan and provide <br /> direction to staff in preparation of the May 15, 2014 Budget work session. <br />