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that revenue, then there would be a loss, and taxes would have to be increased or the money <br /> would have to be found elsewhere. <br /> Commissioner Pelissier said the conversation has focused on school generation rates <br /> and residential, but the County's interest is in the commercial portion. She wants to see the <br /> commercial development data and how this would generate sales tax and property tax <br /> revenues. <br /> Commissioner porosin said there are some important questions to answer. He is <br /> reluctant to start thinking about development and revenue generation if this is going to price out <br /> affordable housing and low wealth options. He said it is important to be cautious in putting <br /> everything on this market based analysis. <br /> Commissioner Jacobs said Chapel Hill has assured them that Orange County can jump <br /> into this project at any point, so this does not have to be articulated to everyone's satisfaction at <br /> this time. He said this should be viewed as a potential partnership with pros and cons. <br /> Paul Laughton said the second scenario takes out the attempt to attach a percentage for <br /> County services. He presented the following information on scenario 2: <br /> Ephesus-Fordham Financia)Analysis(Scenario 2) <br /> Based on Phases 2s4.00 <br /> With Education 175.00 19.00 90.00 <br /> Phase 1 Phase 2 Phase 3 <br /> Percentage <br /> Percentage of County <br /> Fy14-15 of Services Revenues Revenues Revenues <br /> FY14-15 Allocated to <br /> Bud�et Bud�et Project $ 1,424,704.00 $ 154,721.00 $ 726,694.00 <br /> Governing and $ <br /> Management 17,550,772 8.99% 0.00% - - - <br /> General Services 9,451,951 4.84% 0.00% - - - <br /> Community and <br /> environment 7,548,601 3.87% 0.00% - - - <br /> Human services 32,242,706 16.51% 0.00% - - - <br /> Public safety 22,382,107 11.46% 0.00% - - - <br /> Cultural and <br /> recreation 2,696,035 138% 0.00% - - - <br /> Education 76,847,414 3936% 0.00% 1,310,208.00 142,270.00 670,930.00 <br /> Debt service 26,529,306 13.59% 0.00% <br /> Total S 195 248 892 100.00% 0.00% 1,310,208.00 142,270.00 670,930.00 <br /> Net 114,496.00 12,451.00 55,764.00 <br /> Request 400,840.00 400,840.00 400,840.00 <br /> Net increase <br /> (deficit) S (286 344) S (388 389) S (345 076) <br /> Number of Years in <br /> phases 4 years 6 years 10 years <br /> Cumulative increase <br /> (deficit) S (1 145 376.00) S (2 330 334.00) S (3 450 760.00) <br />