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21 <br /> Slide #4 <br /> Mire aeu36Mo@ <br /> Debt Model Metrics "0 <br /> 58A <br /> 34A <br /> 14.0 <br /> ■E-RkVV 00at BeMm■GIP00at R'Mm•Mum Add mi 8cll3ol 001 <br /> cow Floe Euthtbs Debt RFUM <br /> Pocwcrarr <br /> Ta Pala C.j a jhrd u i Ram laK CIaI Mluahntl I Oabt to CB to NF <br /> l�w Equix w.a Sur¢4grd4}hl Nam UUlfeotl AV Fk W <br /> E"*3m nl <br /> 2aaa 025. McIaya: 551J130 113.:5a 179t 16.au% <br /> 2R24 LOOS r1.414.a451 5 1.1@@.344 14G.149 1'3- F% <br /> R.41 .4'.^.I :a%" J.3:4.@4} 16' �'r 2M, <br /> 2025 - 1 %-@87I �,892,7aG 95$859 gaN&7 its. «S"t <br /> ='CQ7 1.134 1q,f�:.9 T'a S 79E 79 OTE 37, 3a3G 277 1 i ,i 11 <br /> Z028 - R.laq,�5�1 5.@45..5T � a.T5@.a9@ 5.198.��a 1'=' <br /> 7686 - f5.149.331 Q.a93.335 1.393.992 '.SSa..4' <br /> 2W3 - 7 2q5=1 E 27 <br /> A f:^a OES EUE 651s Si: i <br /> XG;2 - 17 802 053I E a,".?.... ka93 S8a E,i85 e13 L-. L5 I %, <br /> �A EEA 7g3i E 3M%E 107T 297 if. <br /> f. . l A'S <br /> TCW 2 37C <br /> ORANGE COUNTY <br /> NORTIICAROLINA <br /> Gary Donaldson said the debt model is integrated into the decision-making process. He <br /> said staff may go through twenty iterations a week to review scenarios as requests are made. <br /> He said paying off the existing debt service provides capacity for future debt service. He said <br /> that staff has had presentations with rating agencies and they are extremely comfortable <br /> knowing that Orange County does a long term operating and debt model. <br /> Slide #5 <br /> Key Financing Terms <br /> Security Pledge County Assets serve as collateral and subject to Annual county <br /> Approprlatlons <br /> Y Maturity Term-5-2D Year matu rities matches the useful life of the assets <br /> February 1 and August 1 Repayment Dates to Bank Trustee <br /> Estimated Interest Rates- 2-3%subject to market oondltlons <br /> a* Series 2D22 LimitedOhligation Bands Maximum Annual Debt Service not exceeding$4-1 <br /> million in FT 2D24{based on current market interest rates) <br /> Sou roe of Repayment-Property TaK,Sal Id waste Fees a nd 5portsplex Fees <br /> Llmlted obllgatlon Rands are subordlnate Llen to AAA General obllgatlon Bonds <br /> Y Current Limited Obligation Bands-AAIIAA+/AAa from Mood-�'%Standard&Poor's and <br /> Fitch Ratings , <br /> ORANGE COUNTY <br /> NORT]I CAROLINA <br />