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5 <br /> 1 Orange County General Fund <br /> 2 FY 2014-15 Expenditures (Pie Chart) <br /> 3 <br /> 4 Solid Waste Initiatives <br /> 5 • Provides for an increase in the Landfill Fees due to both an increase in tonnage and a <br /> 6 $2 increase (from $42.50 to $44.50) in the City of Durham's tipping fees. <br /> 7 • The closure of the landfill with public education and other related planning efforts. <br /> 8 We expect to incur $3.7 million in closure cost in FY 2013-14. <br /> 9 • Provides for $1.36 million in Urban Curbside/Multi-Family Fees to fund the cost of <br /> 10 recycling programs and operations for urban curbside collections. This is a new contract <br /> 11 for urban curbside recycling, with a fee with a rate of$59/unit. The program will transition <br /> 12 from 18 gallon bins to 95 gallon roll carts. <br /> 13 • Provides for $840,106 in Capital Outlay for the Recycling Division; $462,106 of those <br /> 14 funds are in the Vehicles account and are for the replacement of vehicles based on the <br /> 15 replacement schedule, the remaining $378,000 is in the Equipment account and will be <br /> 16 used to purchase 7,000 roll carts for the rural roadside recycling program. <br /> 17 • The General Fund contribution to Sanitation in the FY14-15 Manager Recommended <br /> 18 Budget is $1.8 million; this equates to 1.13 cents on the current property tax rate. <br /> 19 • Provides for construction for the Eubanks Solid Waste Convenience Center <br /> 20 improvement <br /> 21 <br /> 22 Additional Funding Options <br /> 23 • Appropriate Fund Balance, if necessary; The Board may use up to $650,000 without a <br /> 24 negative impact on fund balance <br /> 25 • Property tax rate increase <br /> 26 • Increase in CHCCS Special District Tax <br /> 27 <br /> 28 Revenues Generated By Property Tax Increase <br /> Tax Increase Property Tax Revenues Per Pupil Equivalency <br /> Generated <br /> 1 cent $1,638,241 $81.09 <br /> 2 cents $3,276,482 $162.19 <br /> 2.4 cents $3,931,778 $194.62 <br /> 4 cents $6,552,964 $324.37 <br /> 5.5 cents $9.010,326 $446.01 <br /> 29 Based on 20,202 students <br /> 30 <br /> 31 Revenues Generated By Increase in CHCCS Special District Tax <br /> Tax Increase Property Tax Per Pupil <br /> Revenues Generated Equivalency <br /> 1 cent $1,044,521 $84.56 <br /> 2 cents $2,089,041 $169.11 <br /> 3.5 cents $3,655,824 $295.95 <br /> 32 Based on 12,353 projected students for the CHCCS School District <br /> 33 <br /> 34 County Capital Investment Plan <br /> Fiscal Year <br /> Appropriations <br /> County Capital Projects $5,328,410 <br />