Orange County NC Website
Electrical Systems <br />Project Category:School Capital Project Status:Active Project Type <br />Functional Service <br />Area:Education Proposed Bid <br />Award Date:TBD New <br />District: Chapel Hill-Carrboro <br />City Schools Starting Date:7/1/17 Expansion <br />Project Number:53026 Completion Date:Ongoing Renovation X <br />Replacement X <br />Project Description/Justification:Funding in each fiscal year ranges from <br />$125,000 to $150,000 to increase electrical distribution in schools throughout <br />the district. <br /> <br /> <br /> <br />FINANCIAL SUMMARY <br />Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 <br />Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to <br />Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10 <br />Appropriation <br /> Land/Building - <br /> Professional Services - <br /> Construction/Repairs/Renovations 1,080,852 125,000 125,000 150,000 150,000 150,000 150,000 725,000 650,000 <br /> Equipment/Furnishings - <br /> Total Project Budget:1,080,852 125,000 125,000 150,000 150,000 150,000 150,000 725,000 650,000 <br />Revenues/Funding Source <br /> From General Fund (PAYG)980,852 - <br /> From Article 46 Sales Tax Proceeds - <br /> Addtl PAYG (from Lottery Proceeds)125,000 7,000 5,000 2,000 139,000 375,870 <br /> Debt Financing - 2/3 Net Debt Bonds 100,000 125,000 - <br /> Debt Financing - School Improvements 143,000 145,000 148,000 150,000 586,000 274,130 <br /> Grant Funds - <br /> Total 1,080,852 125,000 125,000 150,000 150,000 150,000 150,000 725,000 650,000 <br />Education Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> Recurring Capital <br /> New/Addl Revenue - <br /> Total Operating Costs -------- <br />124