Minutes 05-29-2014 - Laserfiche WebLink

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County Projects Paul Laughton said one of these is the Cedar Grove Community Center(CIP page 21), which looks at approving the alternate plan to add $822,000 to that center. He said the $2.8 million is in year 1, and the impact will be in year 2. Water and Sewer Projects Paul Laughton said the Buckhorn EDD Phase 2—Efland Sewer to Mebane (CIP page 72), with the revised design costs, reflect an additional $121,400. Commissioner Gordon referred to 2 lines on page 72 of the CIP, regarding a shift of projects to the general fund, and she said she thought the Board had asked that no more money be switched to the general fund. Paul Laughton said this is for the Efland to Mebane project and this is not solid waste. He said this would be paid mostly with article 46, but it was started with general fund money from the Efland sewer situation. Commissioner Gordon said she would like to watch this item and be mindful of protecting the general fund. Paul Laughton reviewed the following information from page 3 of the abstract: The following projects have been revised(changes highlighted in yellow) based on the Manager's Recommended Budget for FY 2014-15 reducing the Pay-As- You-Go (PAYG)funding and increasing Debt Financing a total of$770,110: County Projects • Roofing Projects (CIP Page 28) - reflects a change of$179,010 from PAYG funding to Debt Financing in Year 1. • Information Technology(CIP Page 29) — reflects a change of$450,000 in PAYG funding to Debt Financing in Year 1. • Eurosport Soccer Center, Phase 11 (CIP Page 50) — reflects a change of$125,000 from PAYG funding to Debt Financing in Year 1. NOTE: All County Debt Service and Debt Capacity— General Fund Only(ClP Pages 108-109) has been revised to reflect all the changes listed in this abstract. The following project has been revised(changes highlighted in yellow) based on a pending action item by the Board of County Commissioners at their upcoming June 3,2014 regular meeting: Solid Waste Projects • Sanitation (CIP Page 80) - reflects a reduction in the cost of the replacement Hook-Lift truck in FY 2013-14 from $197,282 to $190,548, and moves the other replacement Hook-Lift truck from FY 2014-15 to FY 2013-14 and reflects a reduction in the cost from $206,944 to $193,225. Commissioner Gordon asked where the money will come from to move the truck from 2014-15 to 2013-14. Paul Laughton said Gayle Wilson has monies available this year to purchase this, and it will not be paid with general fund monies. Commissioner Gordon said at one point the fund balance for solid waste was $18.1 million, but there was a recommendation to use some of this to fund the convenience centers. She questioned whether this fund balance is available. Michael Talbert said the total fund balance is $18.1 as of June 30, 2013. He said, of that money, almost$12.5 million was reserved for closure and post closure. He said there are also