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Minutes 04-02-2024 - Business Meeting
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Minutes 04-02-2024 - Business Meeting
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5/22/2024 4:38:46 PM
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BOCC
Date
4/2/2024
Meeting Type
Business
Document Type
Minutes
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Agenda 04-02-24; 12-1 - Information Item - March 19, 2024 BOCC Meeting Follow-up Actions List
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 12-2 - Information Item - Tax Collector’s Report - Numerical Analysis
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 12-3 - Information Item - Tax Collector’s Report - Measure of Enforced Collections
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 12-4 - Information Item - Tax Assessor's Report - Releases Refunds under $100
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 12-5 - Information Item - Memorandum - Justice System Space Needs Work Group
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 4-a - Child Abuse Prevention Month Proclamation
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 4-b - Presentation of Manager's Recommended FY 2024-34 Capital Investment Plan
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 4-c - 2025 Orange County Revaluation Update
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 6-a - Preliminary Resolution Stating an Intent to Proceed with a November 2024 Referendum on $300 Million General Obligation School Bonds
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 6-b - Recommendations for Employee Health Insurance and Other Benefits
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-a - Minutes
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-b - Motor Vehicle Property Tax Releases Refunds
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-c - Property Tax Releases Refunds
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-d - Removal of Appointee from the Affordable Housing Advisory Board
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-e - Amendment to the Eno Fire Protection and Emergency Services Agreement
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-f - Amendment to the Orange Rural Fire Protection and Emergency Services Agreement
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-g - Contract Amendment with New River Tire Recycling, Inc.
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-h - Letter of Support – GoTriangle Climate Pollution Reduction Grant
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-i - Orange County FY 2024 Quarter 4 Annual Work Program Amendments
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda 04-02-24; 8-j - Orange County FY 2025 Annual Work Program
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
Agenda for April 2, 2024 BOCC Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 04-02-2024 Business Meeting
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26 <br /> Slide#3 <br /> Total Tax-Supported Debt to Assessed Value <br /> and Debt Service to General Fund Revenues <br /> Tax Rate Breakdown of Capital <br /> improvement Plan <br /> DS to GF Tax Rate <br /> Year Debt to AV Base Revenues Equivalent 2.790 <br /> 0 <br /> 2024 1.64% 13.60% <br /> 2025 1.66% 13.09% School <br /> Pay-Go: <br /> 2026 1.21% 12.83% 8� 268¢ <br /> 2027 1,44% 14.181A <br /> 2028 1.54% 14.59% School <br /> 2029 1.77% 16.79% GO Bonds: <br /> 3.410 <br /> 2030 1.58% 18.34% <br /> 2031 1.51% 19.67% <br /> 2032 1.67% 19.01% <br /> 2033 1.55% 19.32% <br /> 2034 1.34% 19.89% <br /> 2035 1.21% 18.89% - <br /> Total Impact 8.88$ <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Slide #4 <br /> Annual Debt Service Payments on Existing Debt <br /> 540,o00,000 <br /> $35,000,000 <br /> $30,000,000 <br /> S25,000,000 <br /> szo,oco,oco <br /> $15,000,000 <br /> S10,000,000 <br /> $510Do,o00 <br /> 2624 2025 2026 2027 2029 2029 2030 2031 2032 2033 2034 2035 <br /> ■County Annual Debt Service ■Schools Annual Debt Service ■Durham Tech Annual Debt Service <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Chair Bedford asked a clarification on the math of the general obligation bond and the <br /> pay-go rate and why it was not as simple as it seems it should be. <br />
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