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<br /> ORD-2026-014
<br /> of$544,636 is hereby adopted in accordance with G.S. 159 by Orange County
<br /> for the fiscal year beginning July 1, 2026, and ending June 30, 2027.
<br /> ii. The Sportsplex Renewal and Replacement Capital Fund FY 2026-27 budget,
<br /> with anticipated sources of income of $1,940,000, and anticipated
<br /> expenditures of$1,940,000 is hereby adopted in accordance with G.S. 159 by
<br /> Orange County for the fiscal year beginning July 1, 2026, and ending June 30,
<br /> 2027.
<br /> c. The School Capital Projects Fund FY 2026-27 budget, with anticipated fund
<br /> revenues of $112,524,049, and project expenditures of $112,524,049 is hereby
<br /> adopted in accordance with G.S. 159 by Orange County for the fiscal year
<br /> beginning July 1, 2026, and ending June 30, 2027, and the same is adopted by
<br /> project.
<br /> Revenues
<br /> Function Appropriation
<br /> Article 43 Sales Tax Proceeds $300,000
<br /> Article 46 Sales Tax Proceeds $3,422,783
<br /> Contributions from Other Infrastructure Partners $130,057
<br /> Debt Financing $22,031,775
<br /> Debt Financing - Bond Proceeds $96,100,000
<br /> Debt Financing - School Improvements $4,608,678
<br /> Debt Financing - Solid Waste $544,636
<br /> Debt Financing - Sportsplex $1,740,000
<br /> Grant Funding $349,335
<br /> Lottery Proceeds $1,807,908
<br /> Partner Funding - County Capital $418,588
<br /> Register of Deeds Fees $80,000
<br /> Sportsplex Funds $200,000
<br /> Transfer from General Fund $7,649,893
<br /> Transfer from Other Funds $35,000
<br /> Total Capital Funds $139,418,653
<br /> Appropriations
<br /> Function Appropriation
<br /> County
<br /> County Assets and Community Centers $21,782,731
<br /> Information Technology $197,128
<br /> Parks, Open Space, and Trail Development $531,000
<br /> Public Safety $1,899,109
<br /> County Total $24,409,968
<br /> Proprietary
<br /> Solid Waste $544,636
<br /> Sportsplex $1,940,000
<br /> Proprietary Total $2,484,636
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