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37 <br /> Slide#45 <br /> FY2025-35 Recommended Capital Investment Plan <br /> Annual Debt Service Payments on Existing and Proposed CIP Debt <br /> seo,000.oao <br /> s2n,o9o,om <br /> 96o,a9o,ovo <br /> sw.coo.ow <br /> $-0 W.000 <br /> ¢10,d6p,600 <br /> sm.o9o.oao <br /> 81ga9opm <br /> b <br /> •Er i Mug N bt Service •Props CIPCebtS.— <br /> 45 ORAN GE�COUNTY <br /> NIDSlide #46 <br /> FY2025-35 Recommended Capital Investment Plan <br /> Debt Service to General Fund Revenue Policy Compliance FY2025-35 <br /> 2x% <br /> o% <br /> 19-13% <br /> 18.63% <br /> iB.13% <br /> le% 17.76% 17_efi% <br /> 1b.43% <br /> 16% <br /> 19.09 <br /> ld% <br /> u,96% <br /> 12% <br /> ID% <br /> FY2025�26 F12n26.27 FY2c27.28 FY2028.29 FY20293D FY203a FY20333 FY203z33 PY203334 FY2014-35 <br /> y�Pd ky T9r8H —Pr J—d <br /> �1 <br /> ORANGE COUNTY <br /> 46 NORTH CAROLINA <br /> Commissioner Carter asked what the statutory requirements are for debt. <br /> Travis Myren said there are no legal, statutory requirements, but it is considered a best <br /> practice according to government finance professional organizations. He said it also considers <br /> the comfort level of rating agencies. He said there is a law about the percentage of assessed <br /> valuation that can be dedicated. <br />