Orange County NC Website
30 <br /> <br />Slide #50 <br /> <br /> <br />Slide #51 <br /> Travis Myren said this is a projection based on where the county is today. He said it may <br />change because it’s based on estimated project timing, property revaluations, etc. <br /> Commissioner McKee said it’s concerning that in 10 years the county will have nearly $80 <br />million in debt service. He said he is aware that the school projects are not options. He said that <br />equates to a third of their current budget. He said it is not a one-time tax rate, it is 8.8 cents for