Agenda - 11-21-2013 - Information Item 6-C

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INFORMATION ITEM - Attachment 6 - C ORLANGE.sCOUNTY NORTH CAROLINA FINANCE AND ADIMIINISTRA TIVE SER VICES 200 South Cameron Street Clarence G. Grier, CPA, CITP, CGMA Phone (919) 245 -2553 Post Office Box 8181 Assistant County Manager — CFO Fax (919) 644 -3324 Hillsborough, North Carolina 27278 MEMORANDUM To: Assembly of Governments From: Clarence Grier, Assistant County Manager — Chief Finance Officer Date: November 21, 2013 Re: Older School Facility Needs Over the past year, both school districts have discussed with the County /Schools Collaboration Work Group and their respective Boards of Education the growing need to address repairs and upgrades for older school buildings and facilities. Chapel Hill — Carrboro City Schools ( CHCCS) has an assessment of their older schools and facilities needs prepared by Mosley Associates in the Spring of 2013. CHCCS assessment of their older school estimates and capital needs estimates potential repairs and upgrades will range from $52 million (low end) to $170 million (all encompassing). Orange County Schools has just begun their assessment of the capital facility's needs. Orange County Schools has recently hired Corley, Redfoot and Zack, Inc., to conduct the assessment of their older school facilities. Orange County anticipates receiving their assessment in the Spring of 2014. Based on Average Daily Membership (ADM) percentage, a preliminary estimate for Orange county Schools could range between $20 million (low end) to $68 million (upper end). Orange County's Assessment will be provided later in the year. The Orange County Board of County Commissioners will continue discussions of the older school facilities needs with both school districts, and evaluating the potential school enrollment, financial, and operating impacts of addressing the older facility needs in the FY 2014 -2015 Budget and future budgets.