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21 <br /> 1 Slide #4 <br /> ti,r1�6n6+ers6lioe <br /> Debt Model Metrics <br /> X6.0 <br /> Sao <br /> 460 _ ■ � � � <br /> aan <br /> 4 Er•1.''ln-RO 0 GIFOW,*,..—m*Fulum Aildtlamil ECI9N 0441 <br /> GU4h Flow,,t t 444 04ht.1Ur11os <br /> r3a7�G111Q -., <br /> T4s R} , &1VG:. r A,. j bill 114k C2*1W 4AII wxM 'Cl'Plral Ima tO OS ko GF <br /> V_ EUWwiall Suryrr dfxrtan ftbo A4 fbwruroa <br /> EauMRlrt UHRr d 01KR AI ELIL 1 <br /> :3-13 0.P% 993.4941 559.150 113.234 1F 16.4mi <br /> ZMA 1.O11t -1919.4091 4.617.799 1.186.310 1479.194 1'3! 519-17% <br /> !2.91T.0241 4.691.649 '44.618 1749.647 IT^. I8.19i <br /> 21325.., [7,040.8071 3,087740 855 L58 4163.007 6. i5.s19L- <br /> 2W7 1 734 .4,901,7081 5 70e 070 07e.]70 1430.7; Ls Q17µ <br /> '173, a7LA9.29TI 5.6.5.797 3.794-466 'U98.77r <br /> +5.079.5271 n.947.459 97Y,449 4.1T9.47' - <br /> .. t5,196.33T1 9.+763.337303 969 '.554.293 1 <br /> . 7245.2021 E374 e,`4 96SG66 6508577 i.' I Lel <br /> _ ,7 N112.0E31 8.4;:-...:.° 1.4173504 - =105:013 L+, r5 Ut <br /> i gat:. E E =.1.2'%E 1077.207 1_' 1530t <br /> tel+ <br /> ORANGE COUNTY <br /> NORTI I CAROLINA <br /> 2 <br /> 3 Gary Donaldson said the debt model is integrated into the decision-making process. He <br /> 4 said staff may go through twenty iterations a week to review scenarios as requests are made. <br /> 5 He said paying off the existing debt service provides capacity for future debt service. He said <br /> 6 that staff has had presentations with rating agencies and they are extremely comfortable <br /> 7 knowing that Orange County does a long term operating and debt model. <br /> 8 <br /> 9 Slide #5 <br /> Keys Financing Terms <br /> Security pleltge-County Assets serve as Collateral and subject to Annual Aunty <br /> Approprlatlons <br /> + Maturity Term-5-2D Year maturities matches the useful Iife of the assets <br /> A February 1 and August 1 Repaprnent Dates to Bank Trrustee <br /> f <br /> Estimated Interest Rates- 2-345 subject to market oonditlons <br /> fi Series 2D22 Limited Obligation Mads Maximum Annual Debt Servir_e not exceeding X4.1 <br /> million in FY 2024,1basedon current market interest rates) <br /> Source of Repayment-Property rax,Sol Id waste Fees and 5portsplex Fees <br /> Y llmiteo Obligation Bonds are Subordl nate Lien to AAA General Obllgatlon Blonds <br /> Pr Current Limited Obligation Ea3nds-AA3JAA+/AA4 From Moody's,Standard&Poor's and <br /> Fitch Rating <br /> ORANGE COUNTY <br /> NORT]I CAROLINA <br /> 10 <br /> 11 <br /> 12 <br /> 13 <br />