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14 <br /> be$24 million after partnership funding from the Towns based on the number of public safety <br /> radios utilized by each jurisdiction. <br /> • Justice System Space Needs <br /> The County has engaged with current occupants of the Justice Center/Courthouse on the <br /> space needs of the stakeholders. Some funding is reserved in the plan for this purpose ($16.9 <br /> million), but the desire expressed by the stakeholders would consolidate all court related <br /> functions into a single facility. The scope and cost of that option would well exceed the <br /> existing reservation. <br /> • Emergency Services Substations <br /> The Plan includes two Emergency Services Substations. The first is budgeted in FY2026-27 at <br /> $3.6 million as a cooperative project with the Town of Chapel Hill. The second is budgeted <br /> beginning in FY2029-30 with a combined design and construction budget of$4.4 million. The <br /> concept for this substation is to serve as a hub to be both an EMS station and a facility to <br /> house community risk reduction services such as community paramedicine, post overdose <br /> response, and mobile crisis. <br /> • Lake Orange Dam— Phase 2 <br /> Phase 2 of the Lake Orange Dam project is scheduled to begin in FY2029-30 at a total <br /> budgeted cost of approximately $3.8 million. This phase will address the complete <br /> replacement of the existing emergency spillway weir and existing concrete spillway channel. <br /> • Parks Projects <br /> The Plan currently includes several large park projects in future years. The expansion of <br /> Soccer.com is projected to begin in FY2027-28 at a total cost of approximately$4 million, and <br /> the development of Millhouse Road Park is anticipated to begin in FY2029-30 at a total cost <br /> of over $3.4 million. <br /> Long Range Financial Projections <br /> Debt Modeling <br /> Although the Board only appropriates funding for projects in the first year of the Plan, the CIP is <br /> a long-range planning tool that projects future needs and the financial capacity required to meet <br /> those needs. This is done using a debt modeling tool that projects future debt service <br /> requirements and monitors compliance with the County's ability to pay debt service. The ability <br /> to pay is expressed as a percentage of general fund revenue that is consumed by debt service <br /> each year. <br /> • Debt Service Projected Tax Rate Impact <br /> Projected debt service ultimately requires a tax rate equivalent to pay the annual <br /> installments on borrowing. The Recommended ten-year CIP includes the full $300 million <br /> in tax supported debt associated with the school bond and approximately $90 million in <br /> County facilities. Implementation of this plan will very likely require increases to the tax <br /> Page 1 12 <br />