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7 <br /> FY2024-34 Recommended Capital Investment Plan <br /> • Plan Alignment <br /> — Countywide Strategic Plan —Priorities — Responsive Projects <br /> • Environmental Protection and Climate Action Affordable Housing <br /> • Healthy Community Behavioral Health Crisis Diversion <br /> • Housing for All Climate Action Plan Projects <br /> • Multkmodal Transportation Mebane Water Line <br /> • Public Education/Learning Community Public Safety <br /> • Diverse and Vibrant Economy School Facilities <br /> Affordable Housing <br /> Projen[alegory Cap.-;} ajed Aaluf: ti=.w Projen Type <br /> Fursrionil Senue Brea: =�fi 3^4Yi[P, oporPd Aid�arF: 3l riew e <br /> Oep mwr: a:-g ocs^-.err ESNnyen <br /> P[oje[l h,nnhpr. [Ep11 amplHion(lace' ci3Di'-:33 n <br /> •Q,'-rvA 0]E0 vEl <br /> ORANGE COUNTY <br /> 3 NC)RTH CAROLINA <br /> 1 <br /> 2 Travis Myren said each page will show if it is aligned with the Strategic Plan or the <br /> 3 Affordable Housing plan and that if they would like a different way to indicate that, to let him know <br /> 4 because this is the first year they are doing this. <br /> 5 <br /> 6 Slide #4 <br /> FY2024-34 Recommended Capital Investment Plan <br /> • Plan Alignment <br /> — Long Range School Optimization Plan <br /> • Following Woolpert Option C <br /> Project Discussion with School Boards on May 21 <br /> • $300 million school Bond <br /> — Requires Authorization from Board of Commissioners <br /> Subject to Voter Approval in November <br /> — Modeled as Three Installments of$100 million in FY2026-27,FY2028-29,FY2031-32 <br /> • $100 million Pay-As-You-Go(not borrowed) <br /> — Provides Flexibility <br /> Reduces Impact of Borrowing on Debt Service to General Fund Revenue Measure <br /> — Enduring Source of Maintenance Funds After Bond is Exhausted <br /> No Interest <br /> ORANGE COUNTY <br /> 7 <br /> 8 <br /> 9 <br />