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29 <br /> Gary Donaldson said that the manager's presentation will go through key assumptions. <br /> He said that for sales tax, estimate reports come out in March, and is tested against our own <br /> model. <br /> Bonnie Hammersley said that she is required to recommend a budget to the <br /> commissioners per state law and will provide a preview of the assumptions she is using for the <br /> budget. She said that after the presentation of the budget, commissioners may make <br /> amendments to the budget. She said that most assumptions will come from this model and that <br /> it has been shown to be extremely accurate. She said that the only time it was not was during <br /> the current year when the county didn't anticipate the growth in sales tax due to the pandemic. <br /> Slide #13 <br /> DEBT MODEL <br /> ORANGE COUNTY <br /> NQFM[CARDLIN A <br /> Slide #14 <br /> Capital Funding Policies <br /> Current Policy <br /> Debt PollcLes Incorporated In the GIP <br /> - Approved Debt Financed Projects permanently in CIP and Debt Model <br /> Years 6-10 Protects Currently Lumped Sum <br /> 10 YearAverage:40%County Capltal and 60%Schools <br /> Proposed Policy Changes <br /> Years 6-10 Projects Detailed <br /> Prior Approved GIP Projects Over Three Years and No Activlty, <br /> Resubmit and Manager and Board ApproveI( a-Safety Except omv <br /> Years 5-10 Year Projects to be delineated by Year and Prior toad <br /> ORANGE COUNTY <br /> NOFM[CAPOLINA <br />