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2 <br /> 1 Commissioners with the adoption of the Annual Budget. If the Board of County Commissioners <br /> 2 approves the Recommended CIP as presented, the cumulative 5-year tax rate equivalent for the <br /> 3 estimated highest debt service payment is expected to range from 4.74 cents up to 5.86 cents <br /> 4 per$100 of assessed valuation. <br /> 5 <br /> 6 RECOMMENDATION(S): The Manager recommends the Board receive the presentation of the <br /> 7 Manager's Recommended FY 2016-21 Capital Investment Plan and provide direction to staff in <br /> 8 preparation of the April 7, 2016 Budget work session. <br /> 9 <br /> 10 Bonnie Hammersley said this presentation is being given in preparation for the April 7th <br /> 11 work session, in the hope that it will generate questions. <br /> 12 Bonnie Hammersley referred to hand out at the Commissioners' places, noting that the <br /> 13 text did not wrap, and it is missing the third line of the paragraph. She noted the remainder of <br /> 14 this paragraph is on page 143, and it states: the Board does hereby adopt, in principal, a policy <br /> 15 of allocating a target of 60 percent of capital expenditures for school project, and 40 percent of <br /> 16 capital expenditures for County projects over the decade, beginning in calendar year <br /> 17 2005.replacement page. <br /> 18 Bonnie Hammersley said last year's CIP presentation did not include this analysis of the <br /> 19 decade, and it has been included this evening, along with the County Manager's recommended <br /> 20 CIP for the current year. <br /> 21 Bonnie Hammersley presented the following PowerPoint: <br /> 22 <br /> 23 County Manager's Recommended FY2016-21 Capital Investment Plan (CIP) <br /> 24 March 29, 2016 Presentation <br /> 25 Southern Human Services Center <br /> 26 <br /> 27 Overview <br /> 28 • The Capital Investment Plan (CIP) is a budget plan that is evaluated annually to include <br /> 29 year-to-year priorities with associated resources. <br /> 30 • The CIP includes detailed information for the first 5 years of the plan, and an overview of <br /> 31 future plans for the remaining 6 through 10 years. <br /> 32 • The Board of Orange County Commissioners (BOCC) will amend and adopt the first <br /> 33 year (FY2016-17) of the CIP. <br /> 34 <br /> 35 Document includes the following sections/tabs: <br /> 36 • Transmittal Letter <br /> 37 • CIP Summaries <br /> 38 • County Projects <br /> 39 • Proprietary Projects <br /> 40 • School Projects <br /> 41 • Appendices (Debt Service, Debt Capacity, and Policies) <br /> 42 <br /> 43 FY 2016-21 Orange County CIP Projects County-Wide Summary—Appropriations graph <br /> 44 <br /> 45 FY 2016-21 Orange County CIP Projects County-Wide Summary— Revenues-graph <br /> 46 Continuation Funding <br /> 47 FY2016-17 <br /> 48 • Southern Branch Library - $6.38 million <br /> 49 • Detention Facility- $500,000 <br /> 50 • Historic Rogers Road Sewer Project - $5.68 million <br />