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Agenda 12-12-23; 7-a - Discussion on School and County Capital Planning and Financing Scenarios
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Agenda 12-12-23; 7-a - Discussion on School and County Capital Planning and Financing Scenarios
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12/7/2023 3:04:18 PM
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BOCC
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12/12/2023
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Business
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Agenda
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7-a
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Agenda for December 12, 2023 BOCC Meeting
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9 <br /> Existing Annual Debt Service <br /> • County tax rate impact is minimized due to Annual Debt Service Payments on Existing Debt <br /> decline in existing debt service between $40,000,000 <br /> FY2026-27 and FY2027-28 <br /> $35,000,000 <br /> • Approximately $58.8 million of$75 million <br /> is timed to occur after capacity is gained in $30,000,000 <br /> FY2027-28 <br /> $25,000,000 <br /> • School projects are front loaded resulting <br /> in a higher tax impact $2o,000,000 <br /> $15,000,000 <br /> • School project timing could be adjusted to <br /> benefit from capacity gained in FY2027-28 $10,000,000 <br /> $5,000,000 <br /> 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 <br /> ■County Annual Debt Service ■Schools Annual Debt Service ■Durham Tech Annual Debt Service <br /> GRANGE COUNTY" <br /> 3 NORTH CAROLIN.A <br />
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