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Rescission <br /> I This •olic su.ersedes an •olic in 'lace 'nor to this date. -!Deleted:Thispolicyrescindsthe <br /> Orange County Board of <br /> Commissioners Capital Funding Policy, <br /> as originally approved on December 7, <br /> I Approved, , 2010. 1996 amended <br /> .¶ended o February 3, <br /> 1998 and as <br /> Deleted:April 24,2007. <br /> Commissioner Gordon made reference to page 2 and Allocation and asked where the <br /> November 15th numbers from the SAPFO report would relate to this. Michael Talbert said that <br /> the two are not related. The local numbers are SAPFO numbers, and they drive the basis for <br /> the Capital Improvement Plan. The ADM numbers projected in the early spring would be used <br /> for the entire year to be consistent. <br /> Commissioner Gordon made reference to the recurring capital. She asked if the <br /> reason that the recurring capital was deleted was because the County could not afford to go <br /> from the two cents to the four cents. Michael Talbert said that he is not sure of the reason, but <br /> he knows that it was not popular with the Board because what was in the policy was not being <br /> done. <br /> Chair Foushee said that the discussion was that the County was not doing what was in <br /> the policy. <br /> Commissioner Jacobs said that in the minutes from that meeting it says, "Frank Clifton <br /> recommended taking the language out about the 3 cents and 1 cent because there is still the <br /> 60/40 policy. The Board agreed." <br /> Commissioner Gordon asked if anything about recurring capital should be in the policy. <br /> Frank Clifton said that he would rather not have a policy that is not followed. <br /> Commissioner Gordon said that these policies are important to the County's partners, <br /> including the school systems, and once it is decided, then the policies should be brought back <br /> to a work session and send it to the two school systems for feedback. <br /> Chair Foushee agreed about having formal comments from the school systems. <br /> Commissioner Gordon said that it would be a good idea to inform the Towns that the <br /> County is changing the CIP from ten years to five years, even though the Board has agreed <br /> that there will be a list for 6-10 years out in the CIP documents. <br /> Commissioner Hemminger said that she would like some statement in here about <br /> recurring capital. Michael Talbert said that recurring capital is a line item in the annual <br /> operating budget. The Capital Funding Policy is for longer term capital needs. <br /> Chair Foushee said that there is a statement on the first page and this is sufficient. <br /> Commissioner Hemminger asked that this statement be in bold. <br /> Commissioner Jacobs said to add somewhere in the policy the DPI numbers. These <br /> are usually available March 15th each year. <br /> Michael Talbert said that the school systems will be sent a draft of these policies as <br /> they currently exist, with a request for input. <br /> Closed Session <br /> A motion was made by Commissioner Jacobs, seconded by Commissioner Hemminger <br /> to go into closed session at 9:03 p.m. for the purpose of: <br />