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63 <br /> Major Projects — Pay-Go Phase-in <br /> Staff can rework Pay-Go Phase-in to further delay tax increases. Though would <br /> need direction from Board in how to adjust overall plan. Four possible adjustment <br /> frameworks: <br /> 1 . Reduce Pay-Go in early years, reallocate funds for additional Pay-Go in <br /> backend to maintain $100 M over 10 years. <br /> - Impact: Less funding available to Major Projects, increased funding for later High Priority <br /> Needs. <br /> 2. Reduce Pay-Go in early years, do not reallocate funds to future years. <br /> - Impact: Less funding available to Major Projects. <br /> 3. Delay district projects by a year, requiring later pay-go introduction. <br /> - Impact: Increased Major Project costs due to inflation, less time to complete projects. <br /> 4. Reduce Pay-Go allocation across ten-year plan. No longer target $10 M/year. <br /> - Impact: Less funding available total. Worse debt metrics. � . <br /> ORANGE COUNTY <br /> 8 NORTH CAROLINA <br />