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8 <br /> 1 <br /> 2 4. County Update - Overview of the County Capital Proiects — Next Five Fiscal Years <br /> 3 Chief Financial Officer Clarence Grier gave an overview of the County's CIP budget. <br /> 4 This was attachment 1. The total County CIP for 2012-2017 is $193,272,983. Of that, County <br /> 5 projects are approximately $122 million and school projects are about $71 million over that five- <br /> 6 year period. <br /> 7 Frank Clifton said that 15% debt capacity is what the Local Government Commission <br /> 8 looks for in debt capacity before lending money. <br /> 9 Commissioner Hemminger said that she asked for this item because she wanted to let <br /> 10 the school boards know that the county has to balance needs for both school districts and the <br /> 11 County capital needs, while being at a slow economic growth. She said that the County <br /> 12 Commissioners cannot add in those projects that they want to add in both for the schools and <br /> 13 the County because of limited resources while trying to meet demands. <br /> 14 Clarence Grier said that the County is looking at an increase of 8% for employee health <br /> 15 insurance for next year. <br /> 16 Frank Clifton said that the County has deferred the revaluation until later because the tax <br /> 17 base has had no growth. The law requires a revaluation every eight years. <br /> 18 James Barrett said that although a library is great, there is impact to not doing schools in <br /> 19 this CI P. <br /> 20 Commissioner McKee said that he is not willing to let the schools fall down around them <br /> 21 but he feels that the programs and the employees at schools are more important than the brick <br /> 22 and mortar. He said that he would prefer to build a school than a library. He is concerned <br /> 23 about how the additional taxes affect the low-income. <br /> 24 Steve Halkiotis asked for a chart of County projects, with costs and timelines. He said <br /> 25 that the school boards need to understand the County needs. <br /> 26 Commissioner Hemminger said that there are also some very serious emergency <br /> 27 services needs as well as jail overcapacity needs that need to be addressed. <br /> 28 Frank Clifton said that the capital outlay items are detailed within the County's budget <br /> 29 document. <br /> 30 Chair Pelissier said that a summary is needed to give to the school boards and not the <br /> 31 entire County budget. <br /> 32 Clarence Grier said that he would provide a summary. <br /> 33 Chair Pelissier said that the collaboration work group talked about doing an assessment <br /> 34 of the older schools in both systems, and they will be discussing this going forward. <br /> 35 <br /> 36 The meeting was adjourned at 9:10 PM. <br /> 37 <br /> 38 Bernadette Pelissier, Chair <br /> 39 <br /> 40 Donna S. Baker, CMC <br /> 41 Clerk to the Board <br /> 42 <br />