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49 <br /> Orange County, NC <br /> Financial Plan and Rate Study for Solid Waste Enterprise Fund SCS ENGINEERS <br /> utilized values that were provided by the County as projected costs for this line item <br /> account for the four subsequent future fiscal years. SCS assumes the existing <br /> equipment reserve fund will be incorporated into any future R&E Fund. <br /> • Capital Expenses— IT Equipment and Furnishings: The limited expenses of IT <br /> Equipment and Furnishings were assumed to be $5,000 and$1,000 annually in the <br /> four years succeeding the Test Year. <br /> • Capital Expenses— Equipment and Vehicles: The costs for replacing the County's <br /> vehicles operated within the Solid Waste Department is expected to be financed <br /> through various mechanisms including the Equipment Reserves Fund and debt- <br /> servicing, thus, these line items are handled under separate line items in capital <br /> expenses as lump sum costs provided by the County. <br /> • Capital Expenses—Construction: The costs for upgrades to the County's solid waste <br /> and recycling convenience centers that are anticipated to occur in FY 2017-18 and FY <br /> 2019-20 are expected to be debt-financed and, thus, are handled in capital expenses <br /> under the Construction line item account as lump sum costs with correlating amounts <br /> introduced into the revenues in the Appropriated Fund Balance line item account as <br /> loan proceeds. <br /> OTHER ASSUMPTIONS <br /> • Program Fee kept at $107/year and appropriated fund balance used to balance budget <br /> for status quo Scenario 1 for FY 2016-17 ONLY. <br /> C-3 <br />