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13 <br /> Scenario C2 - $300 million bond + $100 million School Pay-Go + $130 million County Plan <br /> Financing Amounts Scenario C2-Tax Rate <br /> Existing CIP 2.Ocents <br /> Total County Funding County Facility Plan over ten County Facility Plan 0.68cents <br /> years <br /> Existing County CIP $ 192.0 million — Tax impact can be reduced Additional School Needs - Borrowed 3.25 cents <br /> by.60 cents if reduced to Additional School Needs— Pa Go 2.73 cents <br /> Plus Other Existing Resources $ 10.0 million <br /> $75 million y- <br /> Total Tax Impact 8.66 cents <br /> County Facility Plan $ 130.0 million Woolpert Option C Target <br /> Total Capital Funding-County $ 332.00 million $6.8 million over Woolpert Scenario C2 - Debt Service to Revenue <br /> Scenario C target for additional Policy <br /> Total School Funding contingency 25.0% <br /> Existing School CIP* $ 95.0 million $10 million in annual pay-as- 20.0% 169%177%19.1%182%18.5%19.4%18.9% <br /> you-go funds(not borrowed) ° 14.6%14.7% <br /> Plus Other Existing Resources $ 53.0 million <br /> provides flexibility during 15.0% 13 <br /> Additional School Needs - <br /> economic downturns 10.0% <br /> Borrowing $ 300.0 million Three tranches of school 5.0% <br /> Additional School Needs— Pay-Go $ 100.0 million borrowing$100 each over 0.o%° fl <br /> seven year period <br /> N' <br /> Total Capital Funding $ 548.0 million <br /> Woolpert Option C $ 541.2 million Option Ratios -Policy <br /> Over Target $ 6.8 million <br /> *Does not include$33 million in recurring capital or$33 <br /> million in projected Article 46 revenue for technology ORANGE COUNTY <br /> 7 NORTH CARC]LINA <br />