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3 <br /> This discussion allows the Board to discuss priorities for the upcoming fiscal year <br /> and determine goals about which the Board has consensus. <br /> Staff will provide any other information at the meeting, and the Board can discuss <br /> issues related to this item as necessary. <br /> No Attachments <br /> Capital Investment Plan - Fiscal 2014/2015 Changes - Additions & Deletions <br /> 2014/2015 (Paul Laughton & Michael Talbert & Rod Visser) <br /> Objective: That the Board obtains a full understanding of projects included in the <br /> Capital Investment Plan for Fiscal 2014/2015, the financial impact for <br /> Fiscal 2014/2015, and provide direction on any changes to the Capital <br /> Investment Plan for Fiscal 2014/2015. <br /> The attached Capital Investment Plan (CIP) pages consists of Fiscal Year 2014- <br /> 15 projects only, as currently listed in the FY 2013-18 CIP. The CIP includes <br /> County Projects, School Projects, Proprietary Projects (Water & Sewer Utilities, <br /> Solid Waste, and SportsPlex), and Special Revenue Projects (from Article 46 <br /> Sales Tax proceeds). Each year, the County produces a CIP that establishes a <br /> budget planning guide related to capital needs for the County, as well as the <br /> Schools. The Board of County Commissioners approves funding of Year 1 CIP <br /> projects only, and then evaluates annually the entire CIP to include year-to-year <br /> changes in priorities, needs, and available resources. Staff will present an <br /> overview of these projects, and inform you of any changes that have occurred in <br /> the current fiscal year (FY 2013-14), that will have an impact on funding listed in <br /> FY 2014-15 (ex. The Board approved financing of the Culbreth Middle School <br /> Science Wing in FY 2013-14 for the total amount of the project totaling <br /> $4,971,676, instead of over a three year period as currently listed in the Fiscal <br /> Year 2013-18 CIP. The $3,854,042 reflected in FY 2014-15 for this project will no <br /> longer be needed to be listed in FY 2014-15). <br /> Staff will provide any other information at the meeting, and the Board can discuss <br /> issues related to this item as necessary. <br /> Attachment 1-b —Approved Orange County Capital Investment Plan — FY 2014-15 <br /> Bond Referendum - Debt Capacity, Property Tax Impact, Bond Rating (Clarence <br /> Grier— Presenter & Rod Visser) <br /> Objective: That the Board review possible Bond Referendum timelines, amount <br /> of a referendum, Board practice of utilizing a Task Force and provide <br /> direction to staff. <br />