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41 <br /> Slide #4 <br /> Major Projects — Projects and Sequencing <br /> • Every year, the Bond funds will be able to fund less impactful investments. Staff <br /> wanted formula to quantify that loss in value. — Net Present Value Formula <br /> • If you divide 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% <br /> • Both bond plans lose about the same value from being allocated in future years <br /> and are within our original tanche 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 2025-26. <br /> 4 OP,ANG CA OLINA COUNTY <br /> TTOR'FHChair Bedford asked what interest rate is assumed. <br /> Kirk Vaughn said 3%. <br /> Slide #5 <br /> Major Projects — Projects and Sequencing <br /> Bond Funding By District <br /> $60.000.000 <br /> $70,000,000 $69.13 M <br /> $60.000.000 <br /> $51.28 M $62.68 M <br /> S50,000,000 $47.70 <br /> $40,000,000 35.84 M <br /> $80,000.000 $28.50 M <br /> S20.000.000 <br /> $10,000.000 $6.0 M. <br /> 0.42 M$3.68 M <br /> g ■ $.77 M <br /> FY 202a Fv 2027 F 2o2a FY 2029 FY 2030 FY 2031 FY 2032 <br /> ■CHCCS Funding ■OCS Funding <br /> *Planning Funds for 005 Elementary Replacement <br /> using Bond Funds, not Pay-Go ORANGE COUNTY <br /> 5 NowrH CAROLINA <br />