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4 <br /> Northern Campus Options and Five Year Debt to General Fund Revenue Policy <br /> Policy Target Status Quo CIP Option 1 Option 2 Option 3 Option 4 <br /> FY 2020 15.00% 13.24% 13.24% 13.24% 13.24% 13.24% <br /> FYW1 151W. 14.52% 14.49% 14.53% 14.64% 14.65% <br /> FY 2022 15.00% 17.79% 17.71% 17.81% 18.12% 18.13% <br /> FY 2023 15.00% 16.25% 16.17% 16.27% 16.57% 16.58% <br /> FY 2024 15.00% 15.46% 15.38% 15.48% 15.73% 15.73% <br /> FY 2025 15.00% 13.86% 13.79% 13.89% 14.15% 14.17% <br /> The Board of County Commissioners has established a debt to general fund revenue policy of <br /> fifteen percent (15%). Given the amount of debt that the County has issued and plans to issue <br /> in the approved Capital Investment Plan, that target is exceeded in FY2022, 2023, and 2024. <br /> Adding budget authorization in Options 2, 3, and 4 will have some impact on this metric. Option <br /> 4, for example, adds $8.8 million to the project budget and increases the debt to revenue <br /> measure from 17.79% to 18.13% in 2022, an increase of 0.34%. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable <br /> to this item: <br /> • GOAL: CREATE A SAFE COMMUNITY <br /> The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, gang <br /> activity, substance abuse and domestic violence. <br /> • GOAL: ESTABLISH SUSTAINABLE AND EQUITABLE LAND USE AND <br /> ENVIRONMENTAL POLICIES <br /> The fair treatment and meaningful involvement of people of all races, cultures, incomes <br /> and educational levels with respect to the development and enforcement of <br /> environmental laws, regulations, policies, and decisions. Fair treatment means that no <br /> group of people should bear a disproportionate share of the negative environmental <br /> consequences resulting from industrial, governmental and commercial operations or <br /> policies. <br /> • GOAL: ENABLE FULL CIVIC PARTICIPATION <br /> Ensure that Orange County residents are able to engage government through voting and <br /> volunteering by eliminating disparities in participation and barriers to participation. <br /> Proceeding with the Northern Campus Project will allow the County to improve safety and <br /> security in the Detention Center. The Campus will also employ sustainable environmental <br /> practices and produce renewable energy, and the campus components will engage the public <br /> through educational programming to increase civic participation. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve Northern <br /> Campus Option 1, 2, 3, or 4 and authorize staff to present a budget amendment at an upcoming <br /> meeting to appropriate funds based on the Board-approved Option. <br />