Orange County NC Website
Browse       Search
Key Debt Ratio: Tax Supportedftg6rvice vs. General = <br /> ORANGE COUNTY <br /> Fund Revenues NORTH CAROLINA <br /> Tax Supported Debt Service vs. General Fund Revenues TS Debt Service vs. General Fund Revenues (Lower is Better) <br /> 20% <br /> Orange County(2017) <br /> 18% <br /> 16% NC'Aaa'Median <br /> 14% <br /> 12% Buncombe <br /> 10% - — — — Durham <br /> 8% - — — — — <br /> Forsyth <br /> 6% - — — — - <br /> Guilford <br /> — — Mecklenburg <br /> 2% - — — — <br /> New Hanover <br /> 0% r— r—r <br /> Union I <br /> Oy Oti Oti 00' 00' Off' Off' Off' O� O� 00 00' 00' O� O� O� O� wake <br /> 0 5 10 15 20 25 <br /> iiiiiiiiiiiiiiiiiiiiiiiiiExisting Policy Percent <br /> • Existing Tax Supported Debt Service vs. General Fund Revenues ■ Note: Peer comparative is estimated based on data available through <br /> — FY 2017: 12.87% Moody's MFRA. <br /> • Assumed Future Growth Rates <br /> — 2017 Original Budget': $203,116,868 <br /> — 2018 Estimate 2: $209,221,031 <br /> — 2019 & Beyond: 2.00% <br /> • The County has a policy setting a maximum Tax Supported Debt <br /> Service to General Fund Revenues of 15.0%. <br /> 1 Excludes Fund Balance appropriation of$12,726,944. <br /> 2 Per County Staff. Excludes Fund Balance appropriation of$7,976,633. <br /> COMPANY <br /> DAVENPORT 8L <br /> Source: LGC Bond Ledger,2016 CAFR,County Budget Documents,and Moody's Investors Service <br /> June 13,2017 Orange County, NC 12 <br />