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The following Orange County capital projects are recommended for fiscal year 2010-11 only. The Board will <br /> consider approval of the 2010-15 Capital Investment Plan in fall 2010. <br /> Funding Sources Recommended <br /> Funding <br /> FY 2010-11 <br /> Transfer from General Fund $ 300,000 <br /> Transfer from County Capital Fund Balance $ 500,000 <br /> Transfer from Visitors Bureau $ 200,000 <br /> Alternative Equipment Financing $ 700,000 <br /> Total Funding Sources $ 1,700,000 <br /> Projects Recommended <br /> Projects <br /> FY 2010-11 <br /> Information Technology $ 500,000 <br /> 800 MHz Radios for Sheriff Department $ 700,000 <br /> EDC Loan Pool Reserve $ 200,000 <br /> Buckhorn-Mebane Phase 2 Utility Design $ 200,000 <br /> Dental Equipment for both Hillsborough and Carrboro dental clinics $ 100,000 <br /> The agenda abstract for Item c is given below: <br /> BACKGROUND: The Board of County Commissioners has historically approved a ten-year <br /> CIP in the fall of the year after the adoption of the Annual Budget. Changes were made to the <br /> current year's County Capital Budget, as part of the 2009/2010 Annual Budget preparation. A <br /> 2009-19 CIP was not prepared in the fall of 2009. <br /> CURRENT SITUTATION: The economic conditions in North Carolina have made the <br /> preparation of the fiscal year 2010/2011 annual budget challenging at best. Uncertainty <br /> concerning the State Budget, Sales Tax Revenues that are down 30% over the past 3 years, <br /> and the reality that the County cannot endure another property tax increase, makes long-range <br /> capital planning particularly difficult. <br />