Orange County NC Website
Browse       Search
7 <br /> A motion was made by Commissioner Burroughs, seconded by Commissioner Price for <br /> the Board to approve the Proclamation Recognizing April 2017 as Parkinson's Awareness <br /> Month and authorized the Chair to sign the proclamation. <br /> VOTE: UNANIMOUS <br /> Chair Dorosin said the new Chapel Hill-Carrboro City Schools (CHCCS) superintendent <br /> Dr. Pam Baldwin is in attendance tonight. <br /> Pam Baldwin thanked the BOCC for its welcome, and introduced herself briefly. <br /> g. Presentation of Manager's Recommended FY 2017-22 Capital Investment Plan <br /> (CIP) <br /> The Board received the Manager's Recommended FY 2017-22 Capital Investment <br /> Plan. <br /> Bonnie Hammersley reviewed the following background information: <br /> BACKGROUND: <br /> Each year, the County produces a Capital Investment Plan (CIP) that establishes a budget- <br /> planning guide related to capital needs for the County as well as Schools. The current CIP <br /> consists of a 5-year plan that is evaluated annually to include year-to-year changes in <br /> priorities, needs, and available resources. Approval of the CIP commits the County to the first <br /> year funding only of the capital projects; all other years are used as a planning tool and serves <br /> as a financial plan. <br /> Capital Investment Plan — Overview <br /> The FY 2017-22 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and <br /> Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. The <br /> CIP has been prepared anticipating slow to moderate economic growth of approximately 1% in <br /> property tax growth and 4% in sales tax growth annually over the next five years. Many of the <br /> projects in the CIP will rely on debt financing to fund the projects. <br /> Recommended capital expenditures for FY 2017-18 total $27.5 million. Of this amount, $16 <br /> million is recommended for County capital projects, $3.73 million is recommended for <br /> proprietary fund spending including water and sewer projects, Solid Waste, and Sportsplex, <br /> and $7.78 million is recommended for school capital improvements. <br /> The recommended FY 2017-18 CIP represents a decrease of approximately $41 million <br /> compared to the FY2016-17 Approved CIP. The FY2016-17 CIP included the first of three $40 <br /> million allocations ($120 million total) of general obligation bond funding for school capital <br /> projects and the first of two $2.5 million allocations ($5 million total) to fund affordable housing <br /> projects. When the bond funds are excluded from this comparison, the total Recommended <br /> FY2017-18 CIP represents a decrease of approximately $1 million compared to last fiscal year. <br /> This memorandum describes projects that are recommended in the first year of the FY2017-22 <br /> CIP and other significant changes that are recommended compared to the CIP approved last <br /> fiscal year. <br /> Bonnie Hammersley made the following PowerPoint presentation: <br />