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Laura Blackmon said that if the desire is to do outdoor art, then it is a small <br /> amount, but if the Board wants to do an art collection in facilities, then it might be <br /> enough. She thinks that there should be a program developed for this. <br /> Chair Jacobs said that, at this point, it is probably more reasonable to have some <br /> kind of understanding that County facilities will incorporate public art in all new facilities, <br /> and he thought this was the conversation. <br /> Commissioner Gordon made reference to #43, Planning and Ag Building <br /> Renovations, and flagged this to make sure these are the right amounts and times. She <br /> also flagged #62, Smith Middle School and #76, Reserve for Northside Human Services. <br /> She wants to know what will be done in these projects. <br /> Commissioner Gordon said that if the Board is going to try and make the case <br /> that more money is needed from the local revenue options, and the County is now <br /> building up space that it is not using, then the public will not support additional funds for <br /> capital. <br /> Laura Blackmon said that on the gold sheet there are items that are unfunded <br /> projects for schools and the County. She made reference to the PowerPoint, as shown <br /> below: <br /> • Preliminary discussion of funding options for unfunded County and School <br /> projects <br /> - Reference goldenrod colored handouts <br /> Summary of Unfunded County and Schools' Capital needs- FY-2008-2018 <br /> Summary Unfunded County Capital Needs - FY 2008-2018 <br /> - Unfunded Chapel Hill-Carrboro City Schools Capital Needs - FY 2008- <br /> 2018 <br /> Unfunded Orange County Schools Capital Needs <br /> • Choices for possible uses of Local Revenue Options <br /> - Reference pages 6 through 13 of this handout <br /> o Anticipated Revenue From Local Revenue Options <br /> o Possible Uses of Local Revenue Options <br /> o Capital Revenue Fully Funding Capital Funding Policy <br /> o Impact of New Revenue Options for Funding Identified Unfunded Needs <br /> o Additional Debt Service County Can Issue Between 2009-10 and 2013-14 <br /> o Cost Comparison of$3 Million Project Debt Funded Compared to Pay-As- <br /> You-Go Funds <br /> Anticipated Revenue from <br /> Local Revenue Options <br /> • %4 Cent Sales Tax <br /> — $3 million <br /> • .4% Land Transfer Tax <br /> — $4.1 million <br /> Possible Uses of <br /> Local Revenue Options-Presented by the Manager <br /> • Option 1 <br /> - Fully fund County Capital Funding Policy <br />