Orange County NC Website
Browse       Search
Athletic Facilities <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:Orange County Schools Starting Date:7/1/17 Expansion <br />Project Number:51027 Completion Date:Ongoing Renovation X <br />Replacement X <br />Project Description/Justification:Funding in FY 2018-19 <br />includes track resurfacing and tennis court reconstruction at <br />Orange High School. FY 2019-20 funding includes <br />additional costs associated with the tennis reconstruction <br />and the track resurfacing, grading changes and new <br />drainage installation to the lacrosse field, as well as repairs <br />to athletic facilities district-wide. FY 2023-24 funding is for <br />replacement of industrial washers and dryers at the high <br />schools. <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 993,567 250,000 100,000 25,000 125,000 200,000 <br /> Equipment/Furnishings 25,000 - <br /> Total Project Budget:1,018,567 250,000 100,000 - - - 25,000 125,000 200,000 <br />Revenues/Funding Source <br /> From General Fund (PAYG)951,067 --- <br /> From Article 46 Sales Tax Proceeds <br /> Debt Financing - 2/3 Net Debt Bonds 67,500 - <br /> Debt Financing - School Improvements 250,000 100,000 25,000 125,000 200,000 <br /> Grant Funds - <br /> Total 1,018,567 250,000 100,000 - - - 25,000 125,000 200,000 <br />Education Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> Recurring Capital <br /> New/Addl Revenue - <br /> Total Operating Costs -------- <br />138