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Attachment B 18 <br /> -1111 a J 1IV Iwpm°���U��rd���,��ui�i���;tlrt� rm� v, <br /> 101010101 11010101010101010101111mom <br /> 111 11111111 111111111 I- uuuuuuuu �u�u�u�u�u�u�u�u�u�u�u�I 00000 00,00 100000 <br /> qugn <br /> 0 no <br /> Il °poi 100000000 11111111111 <br /> ui �00 III�I��110 u iV.01,00 �lv 0. <br /> March 24, 2016 <br /> TO: Board of Orange County Commissioners <br /> FROM: Bonnie B. Hammersley <br /> County Manager <br /> RE: Manager's Recommended FY 2016-21 Capital Investment Plan <br /> I am pleased to submit the County Manager's Recommended Capital Investment Plan (CIP) for FY 2016-21 for <br /> your consideration. The CIP serves two important functions. First, it authorizes capital appropriations for the <br /> next fiscal year. These appropriations are recommended for projects that are currently underway, projects that <br /> advance the policy priorities of the Board of Orange County Commissioners, and projects that support parks and <br /> open space priorities, information technology and communication systems, and other critical infrastructure <br /> needs. The second purpose of the CIP is to plan for the future. The Plan contains detailed recommendations for <br /> capital projects five years into the future and more general descriptions of projects that would occur in the <br /> subsequent five years, projecting a total of ten years into the future. <br /> Recommended capital expenditures for FY 2016-17 total $72.9 million. Of this amount, $24.3 million is <br /> recommended for County capital projects, $1.0 million is recommended for proprietary fund spending including <br /> water and sewer projects, Solid Waste, and Sportsplex, and $47.6 million is recommended for school capital <br /> improvements. These funding levels assume the bond referendum for older school improvements and <br /> affordable housing initiatives is successful in November. <br /> The recommended FY 2016-17 CIP represents an increase of approximately $50 million compared to the <br /> FY2015-16 Approved CIP. Most of this increase ($42.5 million) is attributable to the first year allocation of <br /> general obligation bond proceeds for school capital projects ($40 million in FY 2016-17) and affordable housing <br /> ($2.5 million in FY 2016-17). The remaining portion of the increase of approximately $7.5 million can be <br /> attributed to the largest County projects recommended for FY2016-17, the Southern Branch Library and the <br /> completion of the Historic Rogers Road Sewer installation. These two investments represent a combined total <br /> of approximately$12 million. <br /> Continuation Funding <br /> Continuation funding is recommended for projects that are either currently underway or those for which <br /> planning funds were appropriated in prior years. <br /> Page I 1 <br />