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