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50 <br /> Slide #20 <br /> Middle Scenario - $200 million bond + $50 million School Pay-Go <br /> + $75 million County Plan <br /> Financing Amounts Middle 5aemrlo-Tors Rate <br /> Existing CIP 2.0cents <br /> liprd Cmaity Funding County Faclllty Plan over ten <br /> years-575 mrro County Facility Plan 0.284;enks <br /> Existing County CIP $ 192-0 million Additional School Needs-Borrowed 1.78 cents <br /> $5 muuan In awwar M-as-pau• jMditional School Needs-Pay-Go 1.43 cents <br /> Plus Other Existing Resources $ 10.0 million goicwh,W borrowW) otalTax Im act 5.49cenits <br /> County Facility Plan $ 75.0 million Tlw"ya„Ches of scnoc+ <br /> Total Ca al Fundln -County $ 277.0 rnllllan "YOWInp 555,6 Wh awr Middle 5cenario-Geht Service to Revenue Policy <br /> se"a?oar period <br /> xaaa <br /> iBA f5.3l6 ra xk 173Y 17316 �'n' L6.7A <br /> ToWSchoorFundin when ccmcnea unh v,i� v <br /> and planned reaoureea yield ylelda i aA to �� <br /> Existing School CIP' $ 95.0 million $30 mron In total ac" ixoa <br /> reaoume to sdldl a6 achod i"N <br /> Plus Other Existing Resources $ 53.0 million P110OLy°weda BAIA <br /> dltlonal School Needs- :AN <br /> rrowing 200.0 million sax <br /> oAA <br /> ditional Schaal Needs-Pa �Go$ 50.0 million h4 °ti5 tia 1 M1,y � 95 <br /> Total Ca al Fundln $ 398.0 million 4 4 �� � � e� {' t' <br /> �gp,ion aarss —a�[r <br /> 'Goes n0I include 133 noon in recurring capital or$33 <br /> noon is proiecied Article 46 rennv_for Iminology <br /> ORANGE COUNTY <br /> 24 NC7R1"H C.A1tC3LJNA <br /> Commissioner McKee said a one-time tax increase has a continuing impact because that <br /> must be used to pay off the extra debt. <br /> Commissioner Portie-Ascott asked if the rate includes what the county is currently paying. <br /> Travis Myren said the total tax impact is the total increase to the existing tax rate. <br /> Slide #21 <br /> Comparing the Scenarios <br /> Scenario New County New School One Time Tax Peak Debt Minimum 10 <br /> Title Funding Funding Rate Impact Service to Year Payout <br /> Revenue Ratio <br /> Al $75 million $130 million 4.00 cents 17. % 60.4% <br /> A2 $130 million $130 million 4.57 cents 1&0% 59.9% <br /> C1 $130 million $400 million 7.89 cents 22.0% 57.0% <br /> C2 $130 million $300 million bond 6_E6 cents 19.4% 58-1% <br /> $100 million pay-go <br /> a $130 million $630 million 11.22 cents 26.6% F 55.0% <br /> Middle $75 million $200 million fond 5.49 cents 17.2% 603% <br /> $50 million pay-go <br /> ORANGE COUNTY <br /> 110DRTH C:ARC3L1NA <br />