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63 <br /> Article 46 Sales Tax Projections <br /> Forecast of Article 46 Revenue Growth for Economic Development <br /> Projects Compared to Water & Sewer Debt Service Obligations <br /> $2,500,000 <br /> Article 46 Revenue <br /> (growth a $2,221,579 <br /> (gth trend i t $2,136,134 <br /> 5% - 7% per year) $2,053,975 <br /> $1,974,976 <br /> $2,000,000 - - <br /> $1,825,976 <br /> $1,755,746 - <br /> $1,500,000 <br /> Discretionary Spending $1,020,297 <br /> , <br /> $932,524 <br /> $940,810 $869,736 $915,042 <br /> $842,519 <br /> $1,203,610 $1,201,282 <br /> $1,000,000 $1,132,457 $1,138,933 <br /> $1,029,279 <br /> Water & Sewer Debt Service <br /> $814,936 $814,641 (historically accounts for 50% of <br /> $500,000 Article 46's annual revenues <br /> FY2017-18 FY2018-19 FY2019-20 FY2020-21 FY2021-22 FY2022-23 FY2023-24 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 10 <br />