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6 <br /> 1 • Long range/pay-as-you go County capital is $464,800. <br /> 2 • Debt service for the General Fund will be $26.5 million. <br /> 3 <br /> 4 Orange County General Fund FY 2014-15 Expenditures (pie chart) <br /> 5 <br /> 6 Solid Waste Initiatives <br /> 7 • Provides for an increase in the Landfill Fees due to both an increase in tonnage and <br /> 8 a $2 increase (from $42.50 to $44.50) in the City of Durham's tipping fees. <br /> 9 • The closure of the landfill with public education and other related planning efforts. <br /> 10 We expect to incur $3.7 million in closure cost in FY 2013-14. <br /> 11 • Provides for $1.36 million in Urban Curbside/Multi-Family Fees to fund the cost of <br /> 12 recycling programs and operations for urban curbside collections. This is a new <br /> 13 contract for urban curbside recycling, with a fee with a rate of$59/unit. The program <br /> 14 will transition from 18 gallon bins to 95 gallon roll carts. <br /> 15 • Provides for $840,106 in Capital Outlay for the Recycling Division; $462,106 of those <br /> 16 funds are in the Vehicles account and are for the replacement of vehicles based on <br /> 17 the replacement schedule, the remaining $378,000 is in the Equipment account and <br /> 18 will be used to purchase 7,000 roll carts for the rural roadside recycling program. <br /> 19 • The General Fund contribution to Sanitation in the FY14-15 Manager <br /> 20 Recommended Budget is $1.8 million; this equates to 1.13 cents on the current <br /> 21 property tax rate. <br /> 22 • Provides for construction for the Eubanks Solid Waste Convenience Center <br /> 23 improvement <br /> 24 <br /> 25 Additional Funding Options <br /> 26 • Appropriate Fund Balance, if necessary; The Board may use up to $650,000 without <br /> 27 a negative impact on fund balance <br /> 28 • Property tax rate increase <br /> 29 • Increase in CHCCS Special District Tax <br /> 30 <br /> 31 Revenues Generated By Property Tax Increase <br /> 32 Tax Increase Property Tax Revenue Generated Per Pupil Equivalency <br /> 33 1 cent $1,638,241 $81.09 <br /> 34 2 cents $3,276,482 $162.19 <br /> 35 2.4 cents $3,931,778 $194.62 <br /> 36 4 cents $6,552,964 $324.37 <br /> 37 5.5 cents $9,010,326 $446.01 <br /> 38 <br /> 39 Revenues Generated By Increase in CHCCS Special District Tax <br /> 40 Tax Increase Property Tax Revenue Generated Per Pupil Equivalency <br /> 41 1 cent $1,044,521 $84.56 <br /> 42 2 cents $2,089,042 $169.11 <br /> 43 3.5 cents $3,655,824 $295.95 <br /> 44 - Based on 12,353 projected students for the CHCCS School District <br /> 45 <br /> 46 County Capital Investment Plan (chart) <br /> 47 <br /> 48 Concerns and Issues for FY 2015-2016 <br /> 49 • Federal State Budget Issues <br /> 50 • Debt Service <br />