Orange County NC Website
2 <br /> Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> property tax growth and 4% in sales tax growth annually over the next five years. Many of the <br /> projects in the CIP will rely on debt financing to fund the projects. <br /> FINANCIAL IMPACT: There is no immediate financial impact associated with the presentation <br /> of the FY 2021-26 Capital Investment Plan. It is a long-range financial planning tool with a <br /> financial impact in Year 1(FY 2021-22), if the first year of the CIP is approved by the Board of <br /> County Commissioners with the adoption of the Annual Budget. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goal impacts <br /> associated with this item. <br /> ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal <br /> impacts associated with this item. <br /> RECOMMENDATION(S): The Manager recommends the Board receive the presentation of the <br /> Manager's Recommended FY 2021-26 Capital Investment Plan and provide direction to staff in <br /> preparation of the April 13, 2021 Budget work session. <br />