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32 <br /> Slide #6 <br /> Existing CIP Project Reductions <br /> Proposed Existing CIP Project Reductions <br /> Project Year Budget <br /> Cedar Grove Park,Phase II FY2029-FY30-31 $1,045,575 <br /> Covered Outdoor Fitness—Seymour FY2024-25 $200,000 <br /> Center <br /> Fairview Park Improvements FY2030-31-FY2031-32 $1,959,683 <br /> Millhouse Road Park FY2027-28-FY2028-29 $8,076,300 <br /> Mountains to Sea Trail FY2028-29 $693,000 <br /> Soccer.com Phase II FY2025-26-FY2026-27 $6,879,060 <br /> TOTAL $17,853,618 <br /> ORANGE COUNTY <br /> 6 N(W I H CAR()LINA <br /> Chair Bedford said under Scenario B, improvements to Fairview Park would be reduced, <br /> but the new county central recreation building would still be built and would be adjacent to Fairview <br /> Park, so they would still be getting quite an amenity. <br /> Slide #7 <br /> New 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 /> $75 million <br /> H+B Push$17.9 million $300 million bond 7.87 cents 18.44% 59.2% <br /> in existing projects $100 million pay-go <br /> outside of the ten <br /> year plan <br /> F $75 million $250 million bond 7.43 cents 17.77/° <br /> $100 million pay-go ° 59.6% <br /> G $108 million' $250 million bond 7.79 cents �18.40% 59.4% <br /> $100 million pay-go <br /> *Funds the Long Rage County Plan through project MR5—New Sheriff's Office <br /> ORANGE COUNTY <br /> 7 NORTH CAROLINA <br />