Agenda - 03-03-2015 - 6a - Laserfiche WebLink

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37 1 • Information Technology (CIP Page 29) — reflects a change of$450,000 in PAYG 2 funding to Debt Financing in Year 1. 3 • Eurosport Soccer Center, Phase II (CIP Page 50) — reflects a change of$125,000 4 from PAYG funding to Debt Financing in Year 1. 5 6 NOTE:All County Debt Service and Debt Capacity— General Fund Only(CIP 7 Pages 108-109) has been revised to reflect all the changes listed in this abstract. 8 9 The following project has been revised(changes highlighted in yellow) based on 10 a pending action item by the Board of County Commissioners at their upcoming 11 June 3,2014 regular meeting: 12 13 Solid Waste Projects 14 • Sanitation (CIP Page 80) - reflects a reduction in the cost of the replacement Hook-Lift 15 truck in FY 2013-14 from $197,282 to $190,548, and moves the other replacement 16 Hook-Lift truck from FY 2014-15 to FY 2013-14 and reflects a reduction in the cost from 17 $206,944 to $193,225. 18 19 Commissioner Gordon asked where the money will come from to move the truck from 20 2014-15 to 2013-14. 21 Paul Laughton said Gayle Wilson has monies available this year to purchase this, and it 22 will not be paid with general fund monies. 23 Commissioner Gordon said at one point the fund balance for solid waste was $18.1 24 million, but there was a recommendation to use some of this to fund the convenience centers. 25 She questioned whether this fund balance is available. 26 Michael Talbert said the total fund balance is $18.1 as of June 30, 2013. He said, of that 27 money, almost $12.5 million was reserved for closure and post closure. He said there are also 28 reserves for debt service for the outstanding debt on the facility and for post employee benefits. 29 He said this leaves about $3 million. 30 Michael Talbert said if things move forward with the recycling options, this amount will be 31 depleted by $750,000, and one of the options would deplete it down to $1 million. 32 Clarence Grier said the post closure costs will go down by $3.7 million in the next six 33 months. He said this will leave about $8 million, which will be amortized over the next 15 to 20 34 years. He said this is why the funds are available now, as the funds from the methane and 35 other sales will offset the landfill closure cost and allow for the rebuilding of the fund balance. 36 Michael Talbert said the Board just approved a contract to close the landfill for about $3 37 million. 38 Commissioner Gordon said her point is that there are general fund dollars being 39 transferred into this fund. She said $190,000 is a lot of money. 40 Chair Jacobs said the Board had also looked at moving some of the general fund 41 expenditures on Solid Waste into the fee structure, and this is on the agenda for June 3,d 42 Paul Laughton reviewed the follow up items listed on page 4 of the abstract. 43 44 Fairview Park— Parking Options 45 Dave Stancil referred to attachment B for Fairview Park—Parking Options. He said 46 there are several ways to address this issue, and there is no way to know how often the 47 overflow in parking actually happens at Fairview. 48 Chair Jacobs said the County paid for half of the community center and then gave that 49 half to the town. He said it would not be an unreasonable request to ask the town to help with 50 the parking. 51 Chair Jacobs asked who would monitor the parking problems.