Orange County NC Website
2' r <br /> 2. Provide the information that was shown in Number 10 of the old policy (see <br /> Attachment 2). This includes reference to the planning period of the Capital <br /> Improvements Plan(ten years) and states the minimum project amounts for School <br /> and County projects. (See H on the revised policy at Attachment 1) <br /> Staff recommends no change in the minimum project amounts with one exception . <br /> County projects remain at a minimum of$30,000 and School projects remain at <br /> $50,000. Staff recommends that equipment be excluded from these minimum levels, <br /> and that equipment costing $1,000 or more,be considered as part of the Capital <br /> Improvements Plan. The intent of this change is to allow automation <br /> equipment/systems, vehicles,heating/cooling systems,to be part of the Capital <br /> Improvements Plan. <br /> The Manager has been in contact with the Superintendents of both school systems <br /> concerning the proposed capital funding policy, and will be prepared to respond verbally <br /> to the Board's questions. <br /> RECOMMENDATION <br /> The Manager recommends that the Board adopt the revised capital funding policy. <br />