Orange County NC Website
Browse       Search
2 <br /> 1 Travis Myren, Deputy County Manager, made the following presentation: <br /> 2 <br /> 3 Slide #1 <br /> ORANGE COUNTY <br /> Nt7RTH CAROLINA <br /> ORANGE COUNTY <br /> CAPITAL INVESTMENT PLAN <br /> FY2024-34 <br /> Board of Orange County Commissioners Work Session <br /> April 9, 2024 <br /> 4 <br /> 5 <br /> 6 Slide #2 <br /> Purpose <br /> Purpose of the Capital Investment Plan <br /> — Board Approves Year 1 of the Plan as the FY2024-25 Capital Budget <br /> — Ten Year Planning Horizon (FY2024-34) <br /> • Imposes Planning Discipline <br /> • No Surprises <br /> — Debt Service Requirements <br /> • Amount of Funds Required in the operating Budget <br /> • Measures Debt Capacity—Debt Service Compared toFxpected General Fund Revenue <br /> • Predicts Potential Tax Increases Required to Pay Debt Service <br /> ORANGE COUNTY <br /> 2 NUIiFH CRC3LrNA <br /> 7 <br /> 8 <br /> 9 <br /> 10 <br />