Orange County NC Website
. . _ . .. <br /> . . - . <br /> . . <br /> . . <br /> . . <br /> . ., . . <br /> 1,:'-'i't .-1' '.:';''',:f...TY"-`4.:'-:'; 1.1."-.''''7'. •:::--. *---•: . \ ' .' . <br /> . , - • . _. . ,., .. <br /> • • • <br /> . . . <br /> . . <br /> . . <br /> ---*-t - . <br /> . . . <br /> . . . <br /> The following table summarizes capital investments made by private <br /> and public groups during the four-year period, 1976-79. <br /> . . <br /> Table 10. CAPITAL IMPROVEMENT EXPENDITURES, DEKALB- <br /> FEACiftREE AIRPORT, 1976-79 <br /> . . • <br /> . - Total <br /> . . <br /> . . <br /> • <br /> Public <br /> , . . Federal $ 867,600 <br /> • State 26,500 <br /> . County General Fund _ 226,500 <br /> Other 1/ 466,000 . <br /> _ . <br /> . . <br /> Total $1,586,600 <br /> . . . . <br /> Private . <br /> ' <br /> FBOs . <br /> $2,800,000 <br /> • . <br /> Other Businesses 1 ,800,000 <br /> - <br /> . <br /> Total $4,600,000 <br /> Grand Total $6,186,600 <br /> 1/ Federal revenue sharing. <br /> -.. -. <br /> Source: Interviews and survey by <br /> Ilammer, Siler, George Associates. <br /> . . <br /> . During the period, 1976-79, almost $6.2 million was invested at PDK <br /> for capital projects. Of this amount, $4.6 million, or 74.4 percent, was <br /> provided by businesses (primarily the FBO's). According to interviews <br /> . - with the businesses which provided capital expenditures, most of their funds <br /> were paid to DeKalb County contractors and firms. Less than 15 percent of <br /> public capital investment was appropriated by DeKalb County. Of the total <br /> capital expenditures, DeKalb County provided less than-four percent. <br /> • If return on investment were a criterion by which to fudge the impor- <br /> tance of a public facility, PDK would represent a substantial succrss. By <br /> investing $226,500 in county funds, the commission has witnessed other <br /> public and private commitments of $5,960,100 during the last four years -- <br /> ) a leverage or multiplier of 26.3 to 1.0. <br /> - <br /> . -25 <br /> • ',Amy gm,61 Lt',gig ono/ i lig 0 c IATI i <br /> . . <br /> . . . <br />