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^ Preservation of historical structures <br />^ Sustainability of existing facilities <br />^ Mandates and safety <br />^ Equipment and vehicle replacements <br />^ Technology infrastructure and equipment <br />^ Reserves for emergency repairs <br />Set Aside for Future County Facilities <br />^ No funding available in Baseline Option <br />. Included in Options 1 through 4 <br />^ Sets aside future pay-as-you-go funding to repay debt service not already programmed in the <br />County's Debt Issuance Schedule <br />. Sportsplex <br />. New Courthouse Renovations related to construction of New Justice Facility <br />. Identified in 2005 Space Study Update <br />. Animal Services Facility, Land Services Building, Library, Southern Human Services <br />Center (including new Dental Clinic}, 911 Center, Public WorkslOPT Facility, Motor <br />Paal Facility <br />"Set Aside" Offers Mast Conservative Approach <br />. Offers the "worst case" approach by assuming that debt service related to future County <br />projects would not be offset by property tax increase <br />. On the other hand, the Board may decide in the future that the debt service associated with <br />some or all new County projects would be offset by property tax increase <br />. That decision would "free up" additional pay-as-you-go funds for County recurring capital <br />^ As a point of reference, the Board decided to increase property taxes to cover the increased <br />debt service related to the 2001 Bond and Alternative Financing Plan for County and School <br />projects <br />Manager's Recommendation for Re-Allocation of $12.8 Million from CHCCS Elementary <br />#10 to Other School and County Priority Protects <br />OCS Middle School #3 $3,500,000 <br />CHCCS High School #3 $3,800,000 <br />CHCCS Elementary #1 o Planning $500,000 <br />OCS Middle School #3lWest Ten <br />Soccer Complex {water lines} $500,000 <br />New Senior Centers $2,000,000 <br />New Animal Services Building <br />{Land and design) $700,000 <br />New County Campus <br />(land and master site plan} $1,800,000 <br />$12,800,000 <br />Proposed Projects to Fund with 2004 Two-Thirds Net Debt Bonds - $4.2 million available <br />(charts incorporated by reference in PowerPoint handout) <br />Next Steps For Capital Fundina Options and Capital Investment Plan <br />April 20th Budget Work Session <br />