Orange County NC Website
Browse       Search
44 <br /> Slide #10 <br /> Debt Model Assumptions <br /> • Total General Fund Revenue <br /> - Measure of ability to pay <br /> - Integral in Debt Service to General Fund Revenue metric <br /> Operating budget growth-3%annually requires general fund revenue growth <br /> Sales tax growth-4%annually <br /> ORANGE <br /> COUNTY <br /> Nf3Rt H C;ARC3"NA <br /> Slide #11 <br /> Debt Model Assumptions <br /> Existing and Planned Resources <br /> - Not starting from zero investment <br /> • Facility analysis took a snapshot of facility conditions in summer of 2023 <br /> • Investment options include any deficiencies at that point in time <br /> • Any planned spending can be used to achieve investment targets <br /> - Projects have been approved but not financed - available spending <br /> Capital Investment Plan <br /> School DIStm(a EYJ&tin g a ri d Pla n ned 7ax Su pprted Borrowing County EzJsting and Planned TaxSupportad Borrowing <br /> Remalning 2016 Band Funds $15 mian Counly Pr*gls Approved Projects Not Financed $10 million <br /> Remalning NfvredMalnlenanm Funds pa Counly Pr*Qls—Ten Year GIP S192mion' <br /> Schad Projects—Ten Year CIP $95 moon Tafy EafsfYtig and Planned $202 Million <br /> Total Existing and Planned $148 mltllon <br /> '$52 million dedicated Iv facity related prujegs <br /> ORANGE COUNTY <br /> 11 110DRTl3 C:ARC311NA <br />