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<br />c. It is the intent of the Board of County Commissioners to dedicate the <br />equivalent of four cents on the annual ad valorem property tax to funding <br />recurring capital expenditures for schools (three cents) and county (1 cent}. <br />However, there will be times when the County will be bound fiscally and unable <br />to achieve full funding. During those times, Commissioners may find it necessary <br />to depart from the Policy. <br />Commissioner Nelson said that .04 is a worthy goal. He suggested looking at a four- <br />year plan to implement this because atwo-cent increase in one year would be too much. <br />Commissioner Jacobs and Commissioner Gordon agreed. <br />Chair Carey said that he thinks all of the County Commissioners want to do this, and <br />they can just decide to do it when the staff brings a recommended budget back. This can be <br />done without directing the staff. <br />d. During October of each fiscal year, the County Manager shall present, to <br />the Board, ten-year County and School capital needs and funding plans in the <br />form of a Capital Investment Plan. Each year, the Board of Commissioners shall <br />conduct a public hearing on the Manager's Recommended CIP during November <br />and subsequently adopt aten-year Capital Investment Plan (CIP). <br />e. The first year of the adopted ten-year Capital Investment Plan shall <br />become the annual capital budget and incorporated into the next annual <br />operating budget recommended by the County Manager. <br />Commissioner Gordon agreed that this next year and the way they are going, it would <br />make sense to have the capital budget in October, but in the longer term, she would like to try to <br />schedule the capital budget in the spring. She said that work could be done in the fall, but she <br />would like to do it formally in the spring. <br />Donna Coffey said that the schools liked the fall schedule better because it allows them <br />to plan better for the spring. Since all schools are closed in the summer, the school boards like <br />to know up front how to plan for the next year. <br />Laura Blackmon said that the ten-year plan would be done in the fall, but the one-year <br />budget would be done in the spring. <br />Commissioner Gordon asked about the language in 1 e, that says, "shall become the <br />annual capital budget..." <br />Laura Blackmon said that Geof Gledhill has recommended including language that says, <br />"shall become the basis for the annual capital budget and incorporated into the next annual <br />operating budget recommended by the County Manager." <br />Chair Carey suggested that the Board act on the components of #1 first. <br />A motion was made by Commissioner Jacobs, seconded by Commissioner Foushee to <br />approve item #1, with changes. <br />VOTE: UNANIMOUS <br />(2) Request that the CHCCS and OCS Boards of Education prioritize existing school <br />facility needs and present those needs with the School Collaboration Work Group <br />for their review during Summer 2007. Based on the outcome of the Collaboration <br />Work Group's review and recommendations: <br />a. Direct County staff to analyze how the school facility needs can be <br />accommodated in the County's debt issuance plans for fiscal year 2007-08; <br />