Orange County NC Website
ORANGE COUNTY SCHOOLS <br />FY2020--2029 CAPITAL INVESTMENT PLAN <br />COMBINED SCHEDULE MODIFIED NEW <br />DEBT FINANCEDADDTL PGART 46OLD FACBONDDESCRIPTION LOCATION <br />Year 1 <br />2019-2020 <br />(FY 20) <br />Year 2 <br />2020-2021 <br />(FY21) <br />Year 3 <br />2021-2022 <br />(FY 22) <br />Year 4 <br />2022-2023 <br />(FY23) <br />Year 5 <br />2023-2024 <br />(FY 24) <br />FIVE YEAR <br />TOTAL <br />Year 6 <br />2024-2025 <br />(FY 25) <br />YEAR 7 <br />2025-2026 <br />(FY26) <br />YEAR 8 <br />2026-2027 <br />(FY27) <br />YEAR 9 <br />2027-2028 <br />(FY28) <br />YEAR 10 <br />2028-2029 <br />(FY29) <br />YEAR 6-10 <br />SUMMARY <br />TEN YEAR <br />TOTAL <br />TOTAL AVAILABLE FUNDING FROM COUNTY: <br />DEBT FINANCING (AKA: PAY-AS-YOU-GO)$740,206 $1,608,963 $1,633,097 $1,657,594 $1,682,458 $7,322,318 $1,707,695 $1,733,310 $1,759,310 $1,785,699 $1,812,485 $15,990,790 $23,313,108 <br />2/3 NET DEBT BONDS (AKA: PAY-AS-YOU-GO)$844,979 $844,979 $844,979 <br />ADDITIONAL PAY AS YOU GO (AKA: LOTTERY) $541,188 $541,188 $541,188 $541,188 $541,188 $2,705,940 $541,188 $541,188 $541,188 $541,188 $541,188 $5,411,880 $8,117,820 <br />ARTICLE 46 SALES TAX $757,707 $788,016 $819,536 $852,317 $886,410 $4,103,986 $921,866 $958,741 $997,091 $1,036,974 $1,078,453 $4,993,126 $9,097,112 <br />FACILITY IMPROVEMENTS TO OLDER SCHOOLS <br />(5-YR ALLOCATION)$399,000 $399,000 $0 $0 $0 $798,000 $0 $0 $0 $0 $0 $0 $798,000 <br />SUB TOTAL ANNUAL ALLOCATION $3,283,080 $3,333,167 $2,993,821 $3,051,098 $3,110,055 <br /> $0 $0 <br />BOND REFERENDUM PROJECTS $13,877,600 $6,186,400 $11,864,000 $0 0 <br />GRAND TOTAL ANNUAL ALLOCATION $17,160,680 $9,519,567 $14,857,821 $3,051,098 $3,110,055 $3,170,749 $3,233,239 $3,297,588 $3,363,862 $3,432,126 <br />COMBINED SCHEDULE--Page 4 of 4 176