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172 <br /> Major Projects — Project Costs and Funding Source <br /> • Pay-Go funds provide four major uses to support the Bond Program: <br /> - Absorb soft costs like Design, Project Management <br /> • Project Management included in separate $1 M/year project. <br /> - Extend project budgets above what the Bond could support on its own. <br /> - Improve County debt metrics once county debt exceeds 15% of GF revenues <br /> - Once bond projects are done, support the districts' High Priority Needs <br /> ORANGE COUNTY <br /> 6 N©RTH CAROLINA <br />