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37 <br /> 1 Slide #45 <br /> FY2025-35 Recommended Capital Investment Plan <br /> Annual Debt Service Payments on Existing and Proposed CIP Debt <br /> ssn.6Po.ano <br /> s9o.a9ouoa <br /> 6}9,6W.000 <br /> SW.pW W0 <br /> sso aao aw <br /> san.o90 uoo <br /> sla 000aoa <br /> szu aoo ow <br /> 316.000 d00 <br /> Y <br /> •EYIOrg Debt S— 4Propo�GIP Dev 3—M <br /> ORANGE COUNTY <br /> 45 NOWFI-{ CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #46 <br /> FY2025-35 Recommended Capital Investment Plan <br /> Debt Service to General Fund Revenue Policy Compliance FY2025-35 <br /> zo% <br /> 19.13% <br /> 18,63% <br /> 18.13% <br /> 17,76% 1].96% 17.74% <br /> 19% <br /> 16,43% <br /> 16% <br /> 14.4 <br /> 14% <br /> 12.96% <br /> 12% <br /> 11 19% <br /> 10% <br /> FY2025.76 FY2026=27 FY2027.29 FY2029179 FYZ0293D FY703u.31 FY2o3132 FY703233 M.334 FY 7034-35 <br /> �PdEN Tzr9e1 �Prc]—ed <br /> ORANGE COUNTY <br /> 46 NORTH CAROLINA <br /> 5 <br /> 6 Commissioner Carter asked what the statutory requirements are for debt. <br /> 7 Travis Myren said there are no legal, statutory requirements, but it is considered a best <br /> 8 practice according to government finance professional organizations. He said it also considers <br /> 9 the comfort level of rating agencies. He said there is a law about the percentage of assessed <br /> 10 valuation that can be dedicated. <br />