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