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Agenda - 09-06-2018 Item 3 - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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Agenda - 09-06-2018 Item 3 - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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8/31/2018 3:42:09 PM
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BOCC
Date
9/6/2018
Meeting Type
Work Session
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Agenda
Agenda Item
3
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Agenda - 09-06-2018 Work Session
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\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 09-06-2018 Work Session
Minutes 09-06-2018 Work Session
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\Board of County Commissioners\Minutes - Approved\2010's\2018
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Attachment 1 <br />Financial Policy <br />Outside Agency Funding <br />0 <br />Orange County provides grants to outside agencies to perform a variety of services for Orange County <br />residents. On annual basis, the County will target 1.2% of the County's General Fund expenditures, less <br />the appropriation for education expenses, for the purpose of funding outside agency operations. The <br />education appropriation includes funds allocated to fund current expenses, recurring capital, long range <br />capital, health and safety contracts, school debt service, and funds provided to the Durham Technical <br />Community College. <br />The County Manager shall design an outside agency application and scoring process. This process will be <br />used to evaluate outside agency applications and make recommendations to the Board of Orange <br />County Commissioners on individual outside agency grant awards. A brief justification will be available <br />to the Board of Commissioners to explain the County Manager's recommendations. <br />Outside agency grants shall be used to fund an agency's operating expenses. These operating expenses <br />may include personnel, contracted services, debt or loan payments, or other expenses related to the day <br />to day operations of the agency. <br />The County will not provide capital grants to outside agencies for the purpose of financing facility <br />acquisition or construction, including contributions to capital campaigns. Exceptions to this general <br />policy include the acquisition or construction of a facility owned or leased by the County for the purpose <br />of providing space to outside agencies or space provided to outside agencies that were initiated by or <br />originated as programs of County government. <br />The Board of Commissioners may also consider capital funding request that include a repayment <br />feature. The terms and conditions of this repayment would be approved by the Board of Commissioners <br />in a formal agreement between the County and the outside agency. <br />
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