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<br />Chapel Hill – Carrboro City Schools ($202,000): <br /> <br />Mechanical Systems ($202,000) – Project # 54006 (Funds will be used to replace cooling <br />towers at Scroggs Elementary and Carrboro Elementary). <br /> <br />Revenues for this project: <br /> Current FY <br />2017-18 <br />FY 2017-18 <br />Amendment <br />FY 2017-18 <br />Revised <br />From General Fund (PAYG) $3,097,091 $202,000 $3,299,091 <br />2/3 Net Debt Bonds $177,715 $0 $177,715 <br />Alternative Financing $264,088 $0 $264,088 <br />Total Project Funding $3,538,894 $202,000 $3,740,894 <br /> <br />Appropriated for this project: <br /> Current FY <br />2017-18 <br />FY 2017-18 <br />Amendment <br />FY 2017-18 <br />Revised <br />Equipment $3,538,894 $202,000 $3,740,894 <br />Total Costs $3,538,894 $202,000 $3,740,894 <br /> <br />Note: The Current FY 2017-18 Budget represents the cumulative budgeted funds for Mechanical <br />System improvements in the Chapel Hill-Carrboro City Schools district since 2009, which is the last <br />time completed projects funds were closed out. Staff plans to bring recommendations to the Board of <br />County Commissioners in a future BOCC meeting for closing out completed school and county capital <br />projects. <br /> <br />FINANCIAL IMPACT: The total Lottery Proceeds requested from the NCDPI for Chapel Hill– <br />Carrboro City Schools is $202,000. <br /> <br />SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated <br />with this item. <br /> <br />RECOMMENDATION(S): The Manager recommends that the Board approve, and authorize <br />the Chair to sign, the application for North Carolina Education Lottery Proceeds; and approve <br />Budget Amendment #8-A receiving the Lottery Proceeds and the amended CHCCS Capital <br />Project Ordinances, contingent on NCDPI’s approval of the application. <br />2