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12 <br /> 1 Slide#8 <br /> FY 2026-27 Operating Budget Introduction <br /> • Debt Service and Pay-Go <br /> — Debt Service increase of$7.8 million <br /> • Equivalent to 2.0 cents per$100 of value <br /> Exceeds all General Fund Revenue Growth($5.9 million) <br /> — Pay-Go for Schools increase of$3.0 million <br /> Equivalent to 0.9 cents per$100 of value <br /> - Additional$3 million increase in FY2027-28 <br /> - Additional$3.5 million increase in FY 2028-29 to$10 million total <br /> — Pay-Go Reduction for County Projects ($350,000) <br /> • Prior year balances used for IT Infrastructure and Parks Maintenance Fund <br /> ORANGE COUNTY <br /> 8 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide#9 <br /> Provide Continuation Funding to Schools <br /> • General Fund Expenses <br /> - K-12 Education <br /> • Current expense increase 2.5% =$114,114,132 <br /> • Per Pupil funding will increase by$294 over FY2025-26 for a total of$6,171 per student <br /> • Due to declining student enrollment, 2.5% increase equates to a 5%increase in per-pupil funding <br /> Percent Increas:to tal Funding Per-Pupil Funding <br /> Base Amount $111,328,011 2.4% <br /> 1% $112,441,291 3.5% <br /> 1.5% $112,997,931 4.0% <br /> 2% $113,554,571 4.5% <br /> 2.5% $114,114,132 S.0% <br /> 3% $114,667,851 5.5% <br /> • Nurse and Student Resource Officer Contracts increase 3% = $123,744 to$4,248,550 <br /> • Pay-Go increase as recommended in Capital Investment Plan -$3.0 mullion <br /> s ORAoN H CAROLINA <br /> 5 <br /> 6 <br /> 7 <br />