30-26 CY 2026 Debt Presentation Plan.pdf

Future Debt & Capital Discussion • The Township Council and CFO have expressed a desire to begin to transition to an annual pay-go capital plan funded by the budget in lieu of borrowing short and long- term debt. • The Township expects to receive $6.3 million in green acres grants (Rock Spring) and $10.8 million from the sale of land (55 Lakeside). These funds will be used towards the repayment of debt. • The CFO has identified approximately $22.8 million of authorized but not issued bond ordinances that will also need to be funded over the next two (2) years, as the projects are ongoing and will require cash to fund them. • This excludes approximately $15 million of JMEU authorizations that may not need to be funded by the Township. • Based on the Township’s outstanding long-term debt, a bond issuance between 2026- 2028 would be the best time to permanently finance the debt, assuming favorable market conditions. 9