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5 <br /> 1 Commissioner Dorosin asked if the Board approved new employees in the tax <br /> 2 department. <br /> 3 Dwane Brinson said those were not new employees but rather deputy tax collectors who <br /> 4 are re-appointed every two years. <br /> 5 <br /> 6 Economic Development and the Orange County Arts Commission, Pg. 137 <br /> 7 (including Non-Departmental Items, Pg. 333) <br /> 8 Christal Sandifer reviewed the following information: <br /> 9 She said there are no significant budget changes in FY15-16. <br /> 10 <br /> 11 Article 46 proceeds, page 66 <br /> 12 The Article 46 One-Quarter Cent (1/4 cent) County Sales and Use Tax was approved by <br /> 13 Orange County voters in the November 2011 election, and became effective April 1, <br /> 14 2012. A Special Revenue Fund has been established to receive and account for the <br /> 15 One-Quarter Cent (1/4 cent) Sales and Use Tax proceeds. The sales and use tax <br /> 16 proceeds are divided 50% to the County's two school systems and 50% to Economic <br /> 17 Development initiatives. The funds will remain separate from the County's General Fund <br /> 18 to allow for more isolated and accurate tracking of revenues and expenditures. The <br /> 19 Board of County Commissioners approved a ten-year commitment to allocate the <br /> 20 proceeds as follows: <br /> 21 50% of the funding will be allocated in an equitable manner between the County's two <br /> 22 school systems, based on the Average Daily Membership (ADM) of each school system, <br /> 23 for the dedicated purpose of funding capital projects, including but not limited to, facility <br /> 24 improvements at older schools and the procurement of technology. <br /> 25 50% of the funding will be allocated to Economic Development initiatives. <br /> 26 <br /> 27 The tables below reflect proposed uses of the anticipated proceeds of$2,814,576 by the <br /> 28 two school systems and Economic Development in FY15-16: <br /> 29 <br /> 30 School Systems Proposed Use for FY 2015-16 <br /> 31 Technology—Student Access Computing Devices <br /> 32 (Chapel Hill-Carrboro City Schools) $ 432,740 <br /> 33 Facility Improvements at Older Schools (Chapel Hill- <br /> 34 Carrboro City Schools) $ 432,740 <br /> 35 Technology— 1:1 Laptops Initiative and Upgrades <br /> 36 (District-Wide —Orange County Schools) $ 541,808 <br /> 37 TOTAL $1,407,288 <br /> 38 <br /> 39 Economic Development Proposed Use for FY2015-16 <br /> 40 Debt Service on Infrastructure $ 857,288 <br /> 41 Utility Service Agreement with Mebane $ 50,000 <br /> 42 Collaborative Outreach $ 20,000 <br /> 43 Small Business Loan Pool $ 200,000 <br /> 44 Collateral Materials $ 20,000 <br /> 45 Innovation Center $ 100,000 <br /> 46 Agricultural Economic Development $ 60,000 <br /> 47 Business Investment Grants $ 100,000 <br /> 48 TOTAL $1,407,288 <br /> 49 <br />