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52 <br /> Pay-Go Phase-in Options <br /> Board Option - Almost no Pay-Go in FY 25-26 using framework 2 <br /> Staff Assumptions: FY 25-26 Pay-Go is reduced to $500 K for project management, FY 26-27 Pay-Go is reduced to $6 M, <br /> FY 27-28 remains at $10 M. No additional Pay-Go is added back. <br /> Impact on School Projects DS to GF Debt Tax Rate Pay Go Tax Rate <br /> Year Debt to AV• $9.9 M reduction in total pay-go funding for schools Revenues Equivalent Equivalent <br /> over 10 years, pushing out multiple High Priority Needs - 0.15� <br /> 2026 1.24% 11.42% <br /> • Major Project budgets left intact, but flexibility is mostly 2027 1.53% 13.27% 2.42� 1.63� <br /> removed from plan. Putting pressure on either 3rd 2028 1.81% 14.26% 1.5U 1.160 <br /> project or rest of district portfolio 2029 1.81% 16.74% 3.020 - <br /> 2030 1.62% 18.05% 1.580 - <br /> Impact on Tax Impact 2031 1.63% 18.06% 0.090 - <br /> • Borrowing is accelerated so tax increases for debt 2032 1.80% 17.79% - - <br /> come in faster in 28-30, but same total. 2033 1.69% 18.67% 0.68� - <br /> • Pay-Go impact in 26 reduced to .15 cents, but <br /> 2034 1.46% 19.16% 0.87t - <br /> consecutive multi-cent tax increases between 27-29, 2035 1.34% 17.99% - - <br /> including 4.05 cent tax increase in 27. Total Impact 10.18� 2.95� <br /> ORANGE COUNTY <br /> 35 NORTH CAROLINA <br />