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51 <br /> Pay-Go Phase-in Options <br /> Board Option - Half Pay-Go in FY 25-26 using framework 1 <br /> Staff Assumptions: FY 25-26 Pay-Go is reduced to $3.2 M, FY 26-27 Pay-Go is still $10 M, $3.2 M Pay-Go is added to years <br /> 7-10 incrementally <br /> Impact on School Projects DS to GF Debt Tax Rate Pay Go Tax Rate <br /> • No changes to either district major projects Year Debt to AV Revenues Equivalent Equivalent <br /> • Slight delay to districts ability to use Pay-Go on 2026 1.24% 11.32% - 0.97� <br /> High Priority Projects 2027 1.51% 13.10% 2.42� 2.02� <br /> 2028 1.78% 14.19% 1AU - <br /> Impact on Tax Impact 2029 1.78°% 16.55% 2.87� - <br /> 2030 1.61% 17.82% 1.53� - <br /> • Incremental Debt comes in slightly quicker in 28 and 29 2031 1.61% 17.87% 0.13� - <br /> (.03 cents a year), but total debt doesn't change 2032 1.81% 17.66% - 0.080 <br /> • Pay-Go impact in 26 reduced to .97 cents, but total tax 2033 1.69% 18.56% 0.88� 0.08� <br /> for both Pay-Go and Debt would total 4.44 cents in 27. 2034 1.46% 19.12% 0.90t 0.070 <br /> • Incremental increase in 32-35 would exceed natural 2035 1.35% 17.95% - 0.M <br /> growth in revenues, so may require slight tax increase. Total Impact 10.18� 3.28� <br /> ORANGE COUNTY <br /> 34 NORTH CAROLINA <br />