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2 <br /> The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> property tax growth and 4% in sales tax growth annually over the next ten years. The CIP will <br /> rely substantially on debt financing to fund the projects and these required debt amounts are fully <br /> integrated in the County's Long-Term Debt Model (page 45 provides a bar chart of the ten year <br /> funding plan). <br /> The meeting discussion will focus on the specific projects in the County and Proprietary CIP. <br /> Note: Page numbers are referenced below as they appear in the CIP document. See Attachment <br /> A for the Overall CIP Summary (page 41), County CIP Projects Summary (page 53), the <br /> Proprietary CIP Summaries (page 121) and School CIP Summary (page 132). There will also be <br /> a general overview of the School Major Projects. <br /> Discussion at this meeting will also be directed to the Debt Service and Debt Capacity — General <br /> Fund (page 161), the Water and Sewer Debt Service requirements paid with Article 46 Quarter <br /> Cent Sales Tax proceeds (page 163), and Debt Service requirements for Solid Waste (page 164) <br /> and Sportsplex (page 165). <br /> FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the <br /> FY 2026-36 Capital Investment Plan. It is a long-range financial planning tool with a financial <br /> impact in FY 2026-27, if the first year of the CIP is approved by the Board of County <br /> Commissioners with the adoption of the Annual Budget. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports many components of the Strategic <br /> Plan. Individual project pages in the Capital Investment Plan will identify the primary objective <br /> related to that planned project. <br /> RECOMMENDATION(S): The Manager recommends the Board review and discuss the <br /> Manager's Recommended FY 2026-36 Capital Investment Plan and provide direction to staff. <br />