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5 <br /> 1 Slide#2 <br /> Purpose <br /> • Purpose of the Capital Investment Plan <br /> — Board Approves Year 1 of the Plan as the FY2026-27 Capital Budget <br /> — Ten Year Planning Horizon(FY2026-36) <br /> • Imposes Planning Discipline <br /> • No Surprises <br /> — Debt Service Requirements <br /> • Amount of Funds Required in the Operating Budget <br /> • Measures Debt Capacity—Debt Service Compared to Expected General Fund Revenue <br /> • Predicts Potential Tax Increases Required to Pay Debt Service <br /> ORANGE COUNTY <br /> 2 NORTH CAROLINA <br /> 2 <br /> 3 Travis Myren explained the CIP's purposes: the Board approves year one as the Capital Budget, it <br /> 4 serves as a planning document imposing discipline and preventing surprises, and it examines how the <br /> 5 capital plan impacts the operating budget through debt service and long-term operating costs. <br /> 6 <br /> 7 Slide#3 <br /> FY2026-36 Recommended Capital Investment Plan <br /> • Implementation of Guiding Plans <br /> - Long-Range School Optimization Plan - County Long-Range Facilities Plan <br /> • Projects Aligned with Strategic Plan <br /> — Strategic Plan Priorities — Responsive Projects <br /> • Environmental Protection and Climate Action Climate Action Plan Projects <br /> • Healthy Community Emergency Services Projects <br /> • Housing for All Affordable Housing <br /> • Multi-modal Transportation Transit Plan Update,Bus Shelters <br /> • Public Education/Learning Community School Construction and Planning and Design <br /> • Diverse and Vibrant Economy Piedmont Food Processing Center <br /> ORANGE COUNTY <br /> 3 NORTH CAROLINA <br /> 8 <br /> 9 Travis Myren explained this was the second year of implementing two guiding capital plans: the <br /> 10 Long-range School Optimization Plan (Woolpert Plan) and the county's Long-range Facilities Plan, both <br /> 11 covering 10 years starting in 2024-25. He noted that both plans align with the county's Strategic Plan <br /> 12 priorities. <br />