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2 <br /> 5% increase to Durham Tech's current expense. Durham Tech also receives additional funds <br /> through Article 46 sales tax proceeds. <br /> Education Capital Funding: The Manager's Recommended Capital Investment Plan details the <br /> School Funding Summary on Page 135. There are $553.6 million of school capital projects in the <br /> 10-year capital window. The largest investment is a planned $300 million Bond Referendum, with <br /> a planned referendum date of November 2024. <br /> FINANCIAL IMPACT: Information on the financial impact is included in the above Background <br /> section. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goal impacts <br /> associated with this item. <br /> ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal <br /> impacts associated with discussion of this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board discuss the topics noted <br /> and provide direction to staff, as appropriate. <br />