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41 <br /> 1 Slide #4 <br /> Major Projects — Projects and Sequencing <br /> • Every year, the Bond funds will be able to fund fess impactful investments. Staff <br /> wanted formula to quantify that loss in value, — Net Present Value Formula <br /> If you divine the NPV by the total funding provided to that district, you get an <br /> estimate how much each district loses from being allocated in future years. <br /> Net Present Value/Total Funding <br /> Original Tranche Model 90.78% <br /> CHCCS Sequencing 90.70% <br /> OCS Sequencing 90.71°l <br /> Both bond plans lose about the same value from being allocated in future years <br /> and are within our original tranche model. <br /> • The $300 M Bond plan spread out over 7 years is worth the same as if we <br /> funded $272 M in projects all in FY 2025-20. <br /> ORANGE COUNTY <br /> 4 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Chair Bedford asked what interest rate is assumed. <br /> 5 Kirk Vaughn said 3%. <br /> 6 <br /> 7 Slide #5 <br /> Major Projects — Projects and Sequencing <br /> Bond Funding By District <br /> S80.000.000 <br /> $70.000.000 $69.13 M <br /> $60.000,000 <br /> $51.28 M $52.68 M <br /> $50,000,000 547.7© <br /> $40,000,000 35.64 M <br /> $30.000.000 526.5U M <br /> $20.000.000 <br /> 510.000.000 86.0 M. <br /> 54.42 M 53.68 M <br /> s ■ 11 1 -- 5.77 M <br /> FY 2J_[ FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 <br /> ■CHCCS Funding ■OCS Funding <br /> *Planning Funds for OCS Elementary Replacement <br /> using Bond Funds, not Pay-Go ORANGE COUNTY <br /> 5 NORTH CAROLINA <br /> 8 <br /> 9 <br /> 10 <br />