Orange County NC Website
34 <br /> Slide #54 <br /> FY2023-33 Recommended Capital Investment Plan <br /> Debt Service to General Fund Revenue Policy Compliance <br /> FY2023-33 <br /> � ss vt 31— ss� <br /> ml I 3 <br /> 3y vJsse <br /> 331E 3V-A <br /> 17K <br /> Fik <br /> 1k4 <br /> FY7F}3-7i FQ}$Lx5 F'0125M n017FY+ �"S:h36 �f262ff2S W7lB3F F0P3L-3L Fr�Ol7d2 ey0373.3 <br /> lox} xe �Pnkan <br /> ORANGE COUNTY <br /> 54 N40RIFF L CAROU NA <br /> Travis Myren said that based on the CIP, they are well within the policy target of 15%. He <br /> said they exceed it slightly in the out years of the plan and the credit rating agencies look at this <br /> metric. He said they are more concerned that the Board is aware of it and the county is tracking <br /> it than the actual number exceeding it by such a small percentage. He said it won't have huge <br /> impact on ratings. <br /> Vice-Chair McKee asked if a change in increased revenue would also lower the ratio. <br /> Travis Myren said yes. <br /> Slide #55 <br /> FY2023-33 Recommended Capital Investment Plan <br /> Tax Eq ulvallerd Analysis <br /> Fhscal Year FY2023,9 Reemw nded CIP Basle for the Need <br /> FY2023-24 4 cents <br /> FY2024.25 0 cerrts <br /> FY2026-M 4 cents <br /> FY202G-27 2.a5 cents To Fund the First Tranche of the <br /> 9ond <br /> FY2027-28 4 cents <br /> To Fund khe Second arxi Third <br /> FY2026-29 1.75 etnls Tranctre of lha Bond <br /> FY2029-33 0 cents <br /> TOTAL 4.60 cextts <br /> ORANGE COUNTY <br /> 55 11rCWF1 L CARC_tiLrNA <br />