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2 <br /> Chapel Hill — Carrboro City Schools ($196,500): <br /> Abatement Projects ($160,000) — Project # 54001 (Funds will be used to go towards funding <br /> the Phillips Middle School abatement project) <br /> Revenues for this project: <br /> Current FY FY 2017-18 FY 2017-18 <br /> 2017-18 Amendment Revised <br /> From General Fund (PAYG) $530,080 $160,000 $690,080 <br /> Total Project Funding $530,080 $160,000 $690,080 <br /> Appropriated for this project: <br /> Current FY FY 2017-18 FY 2017-18 <br /> 2017-18 Amendment Revised <br /> Abatement $530,080 $160,000 $690,080 <br /> Total Costs $530,080 $160,000 $690,080 <br /> Mechanical Systems ($36,500) — Project # 54006 (Funds will be applied to supplement the <br /> McDougle Campus chiller replacement project) <br /> Revenues for this project: <br /> Current FY FY 2017-18 FY 2017-18 <br /> 2017-18 Amendment Revised <br /> Alternative Financing $264,088 $0 $264,088 <br /> Lottery Proceeds $959,247 $0 $959,247 <br /> Two-Thirds Debt Financing $177,715 $0 $177,715 <br /> From General Fund (PAYG) $2,101,344 $36,500 $2,137,844 <br /> Total Project Funding $3,502,394 $36,500 $3,538,894 <br /> Appropriated for this project: <br /> Current FY FY 2017-18 FY 2017-18 <br /> 2017-18 Amendment Revised <br /> Mechanical Systems $3,502,394 $36,500 $3,538,894 <br /> Total Costs $3,502,394 $36,500 $3,538,894 <br /> Note: The Current FY 2017-18 Budgets represent the cumulative budgeted funds for abatement <br /> projects and mechanical systems in the Chapel Hill-Carrboro City Schools district since 2009, which is <br /> the last time completed abatement and mechanical system projects were closed out. Staff plans to <br /> bring recommendations to the Board of County Commissioners in fall 2017 for closing out completed <br /> school and county capital projects. <br /> FINANCIAL IMPACT: The total Lottery Proceeds requested from the NCDPI for Chapel Hill- <br /> Carrboro City Schools is $196,500. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal associated with <br /> this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve, and authorize the <br /> Chair to sign, the application for North Carolina Education Lottery Proceeds; and approve <br /> Budget Amendment #1-A receiving the Lottery Proceeds and the amended CHCCS Capital <br /> Project Ordinances, contingent on NCDPI's approval of the application. <br />