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5 <br /> ' G. Recurring Capital <br /> Recurring capital for each School System will be based on the equivalent of three cents on the <br /> General Fund Property Tax Rate (not adjusted for the 1997 revaluation of real property but adjusted <br /> each revaluation thereafter.) Funds will be allocated to each school system based on the State <br /> Department of Public Instruction planning allocation which is the same method used to allocate <br /> current expense appropriation. <br /> H. Planning Period <br /> During each fiscal year,the Board of Commissioners shall adopt a ten year Capital Improvements <br /> Plan. The ten year plan shall include anticipated County capital expenditures costing $30,000 or <br /> more(excluding equipment) and anticipated school capital expenditures costing $50,000 or more <br /> (excluding equipment). Equipment costing $1,000 or more can be considered as part of the Capital <br /> Improvements Plan. The first year of the adopted Ten Year Capital Improvements Plan shall be <br /> incorporated into the next annual operating budget recommended by the County Manager. <br /> I <br /> i <br /> I <br />