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13 <br /> Slide #13 <br /> Capital Budget Amendments <br /> Tax Impact of All Amendments Passing: <br /> Current Debt Model All Amendments Approved Model <br /> Year DS to GF Debt Tax Rate Pay Go Tax Rate DS to GF Debt Tax Rate Pay Go Tax Rate <br /> Revenues Equivalent Equivalent Revenues Equivalent Equivalent <br /> 2026 11.20% 1.944 11.42% 0.15Q <br /> 2027 13.10% 2.42t 1.M 13.24% 2.40t 1.630 <br /> 2028 14.16% 1.42a 14.35% 1.67t 1.165 <br /> 2029 16.50% 2.84t 17.06% MU - <br /> 2030 17.78% 1.55� 18.14% 1.33t <br /> 2031 17.87% 0.18t 17.80% <br /> 2032 17.75% 17.54% <br /> 2033 18.61% 0.99t 18.44% <br /> 2034 19.16% D.EIN 18.77% 0.79t <br /> 2035 18.00% 17.60% - <br /> otal 10.19t 3.01R 9.501 2.95t <br /> 3 ORANGE COUNTY <br /> 2. Discussion of FY 2025-26 Operating Budget <br /> • Funding Decisions on the Operating Budget Amendment List <br /> • Funding Decisions for Chapel Hill-Carrboro City Schools and Orange County Schools <br /> o Current Expense (Per Pupil) <br /> The Board reviewed, discussed and made decisions regarding the FY 2025-26 Manager's <br /> Recommended Orange County Annual Operating Budget and approve a Resolution of Intent to <br /> Adopt the FY 2025-26 Orange County Annual Operating Budget. <br /> BACKGROUND: The County Manager presented the FY 2025-26 Recommended Budget on May <br /> 6, 2025. Subsequently, the Board has conducted two public hearings to receive residents' <br /> comments regarding the proposed funding plan. In addition to the public hearings, the Board <br /> heard presentations and held discussions with representatives of the County fire districts, the <br /> local boards of education, representatives of the community college, and County Functional <br /> Leadership Teams as related to the proposed funding plan for FY 2025-26. <br /> Tonight's Agenda: Tonight's work session offers the Board an opportunity to discuss the <br /> recommended budget, including discussion and review of the Budget Amendment list. As soon <br /> as these discussions are completed, the Board will deliberate and make decisions regarding the <br /> FY 2025-26 Annual Operating Budget and approve a Resolution of Intent to Adopt the FY 2025- <br /> 26 Annual Operating Budget. The Board is scheduled to adopt the final FY 2025-26 Annual <br /> Operating Budget for Orange County at its Business meeting on June 17, 2025. <br /> A DRAFT Resolution of Intent to Adopt the FY 2025-26 Budget is attached for reference. The <br /> sections highlighted in yellow reflect areas that could be adjusted based on the current list of <br /> posted amendments. <br />