Orange County NC Website
Browse       Search
5 <br /> <br />• Recurring Capital Detail 1 <br />$75,000 consistent level of investment 2 <br />Retention Pond Upgrade – fencing, silt removal, swale repair 3 <br />Replace brick pavers at crosswalk 4 <br />• Capital Investment Plan – page 136 of CIP 5 <br />o Health Technology Building Expansion 6 <br /> Estimated at 56,000 square feet 7 <br /> Additional 250 parking spaces 8 <br />o Project Design in FY2021-22 - $714,290 9 <br /> County match for the $1 million 2016 State Connect Bond 10 <br />o $23.6 million total estimated project costs 11 <br />o Current Debt Service Satisfied in FY2027 12 <br />• Orange Connect Scholarship Program – page 63 13 <br />o $200,000 recommended appropriation for FY2018-19 14 <br />o Funds annual scholarship of $1,000 per student 15 <br />o Recent high school graduates and GED recipients qualify 16 <br />o Paid through Article 46 Sales Tax revenue 17 <br /> 18 <br />Commissioner Price said DTCC means a lot to the community. 19 <br />Commissioner Jacobs expressed his appreciation to DTCC for working with the Board 20 <br />of County Commissioners on programs like the Navigator and Connect Programs. 21 <br />Travis Myren resumed the PowerPoint presentation: 22 <br /> 23 <br />Chapel Hill High School Project Updates 24 <br />• Critical Path Approvals (table) 25 <br /> 26 <br />• Guaranteed Maximum Price (GMP) and Project Budget- table-page 6 27 <br /> 28 <br />Debt Service Requirements and Incremental Tax Increase - graph - page 7 (long term 29 <br />debt service) 30 <br /> 31 <br />Recommended School Funding 32 <br />• Operating Budget School Funding – page 152 33 <br />FY 2018-19 Operating Budget- Total Recommended School District Funding- table 34 <br /> 35 <br />Current Expense $84,957,670 36 <br />Total Projected Students 20,398 37 <br />Total Per Pupil Allocation $4,165 38 <br /> 39 <br />Commissioner McKee asked if this number excludes the charter students. 40 <br />Travis Myren said no, this number includes the charter students. 41 <br /> 42 <br />• Operating Budget Funding Target - graph 43 <br />• Capital Budget School Funding - page 97 CIP- 44 <br />Long Range Capital moved to CIP in FY2017-18 45 <br />Recurring Capital moved to CIP in FY2018-19 46 <br /> 47 <br />Chair Dorosin asked if Travis Myren could explain the difference between something 48 <br />falling in to the long-range capital, versus the older school improvements, versus the recurring 49 <br />capital. 50