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29 <br /> Travis Myren said yes, those are the generated revenues. He said that would be <br /> differentiated from debt finance. <br /> Chair Price said the "Sportsplex funds" has nothing listed for next year, but has $50,000 <br /> in year 2. <br /> Travis Myren resumed the PowerPoint presentation: <br /> Planning for Future Significant Capital Projects <br /> • Future Potential Capital Projects <br /> —Emergency Responder Radio System <br /> New cost eaIi usIN VIPER exWslon <br /> —School Facilities <br /> Ceielrued YnveepneMa Yc corm.1acYlB <br /> P,nirgtar—whodr aui- <br /> PotenFel Geneml Ob igation band referendum <br /> O�N�GEC�OUMY <br /> FY2021-26 Recommended Capital Investment Plan <br /> Debt Si Schedule throMh FY2025-26 <br /> 8¢donl¢erommendedw <br /> 1.soos,000 <br /> svmnm <br /> 9fs.00a,000 � � <br /> rA <br /> Sw.mu,wo <br /> Srs,uo, <br /> Svs,uo, <br /> 1vomoom <br /> O1iMY <br /> FY2021-26 Recommended Capital Investment Plan <br /> Fked Yw FY21 -21 FYT021-11 <br /> Approved GP Reoo —did GP <br /> FY2021.22 4A,cems 4.22—is <br /> FY21122-29 <br /> FY2013.24 0.67--- <br /> FY2024.25 <br /> NTAL 5ABcents cnceMa <br /> • Vdw ole penny lncrsasstlby H.5°b IOE2,14B,667 n,2°b9raelb essumpUoetlusW <br /> rerYrtim <br /> • ToLddehtaerrie edbeeed dui®R✓e yer period <br /> o UsaN�k�ricalesareroemmmoEaN amdlwryu <br /> ORANGE COUNTY <br /> Commissioner Bedford said with past revaluations, the Commissioners have done a <br /> revenue neutral tax rate. She asked if that is still happening, and said she does not understand <br /> how a penny increases by 8.5% due to revaluation. <br /> Travis Myren said there will still be a revenue neutral rate. He said there is a $7 million <br /> increase in debt service to fill, so the question becomes how many pennies would it take to <br /> solve this problem. He said in order to get to that amount takes $2,146,587. He said prior to the <br /> revaluation, the number was lower, so it took more pennies to generate the same amount of <br /> money. <br />