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29 <br /> 1 Travis Myren said yes, those are the generated revenues. He said that would be <br /> 2 differentiated from debt finance. <br /> 3 Chair Price said the "Sportsplex funds" has nothing listed for next year, but has $50,000 <br /> 4 in year 2. <br /> 5 Travis Myren resumed the PowerPoint presentation: <br /> 6 <br /> Planning for Future Significant Capital Projects <br /> • Future Potential Capital Projects <br /> —Emergency Responder Radio System <br /> • Rew cost e Iimate-IN VIPER expansion <br /> —School Facilities <br /> • Centlnuee nvesuneitts m eurvent}aculUee <br /> Planning for new xhad 18ceih- <br /> PoterimA General Oblgetion bond rererendum <br /> ORANGE�COOUN'TY <br /> 7 <br /> 8 <br /> FY2021-26 Recommended Capital Investment Plan <br /> Debt Service Schedule through FY2025-26 <br /> &-don Icernremeededow <br /> 5nz,mn, <br /> Srvaimx 5n'ms>s <br /> 4ao.uoa000 __ �x®5 Sw.suee <br /> 955,mn000 <br /> :3¢nlaer <br /> Sw.mu,mo <br /> Srs,wo, <br /> Sss,wo, <br /> Ssomo•m <br /> ORAL rrE[xROLC��NAY <br /> 9 <br /> 10 <br /> FY2021-26 Recommended Capital Investment Plan <br /> Ffscal Yev PY707�•27 FY2 '.22 <br /> APPror tlCIP Racomnun GP <br /> FY202r71 4.gr ce.ns a23cmb <br /> FY31Z1-Z1 <br /> FY2023.24 CA7— <br /> FY2024.25 <br /> MTAL 5Aednb a.g2celMs <br /> • Veus ate esnny lncrwstlby 8.5°bleE2,146,68T va 2°.LyrewRi essumpllmdur to <br /> rerayistim <br /> • To1NtleMeer.e edbeeetl 3eng firve yar perm <br /> o Use Ndabtwm[e ies�ecvmmodare sel[Mrges <br /> O AN rE C OLOU Y <br /> 1 1 x <br /> 12 <br /> 13 Commissioner Bedford said with past revaluations, the Commissioners have done a <br /> 14 revenue neutral tax rate. She asked if that is still happening, and said she does not understand <br /> 15 how a penny increases by 8.5% due to revaluation. <br /> 16 Travis Myren said there will still be a revenue neutral rate. He said there is a $7 million <br /> 17 increase in debt service to fill, so the question becomes how many pennies would it take to <br /> 18 solve this problem. He said in order to get to that amount takes $2,146,587. He said prior to the <br /> 19 revaluation, the number was lower, so it took more pennies to generate the same amount of <br /> 20 money. <br />