Agenda Attachment D - FY2019-2024 Manager Recommended Capital Investment Plan

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Food Services Project Category:School Capital Project Status:Active Project Type Functional Service Area:Education Proposed Bid Award Date:TBD New District:Orange County Schools Starting Date:7/1/17 Expansion Project Number:51033 Completion Date:Ongoing Renovation X Replacement X Project Description/Justification:Funding of $57,200 in FY 2018-19 includes replacement of cold storage unit and an additional oven at Grady A. Brown Elementary. Funding of $220,600 in FY 2019-20 includes food service facility improvements at C.W. Stanford Middle, Hillsborough Elementary, and Grady A. Brown Elementary. Funding of $230,000 in FY 2020-21 includes new serving line counters at Cedar Ridge High School, and food service equipment replacements at C.W. Stanford Middle and Hillsborough Elementary. FINANCIAL SUMMARY Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10 Appropriation Land/Building - Professional Services - Construction/Repairs/Renovations 399,050 163,100 35,000 198,100 Improvements to Older Facilites 290,000 57,200 57,500 195,000 252,500 Equipment/Furnishings - Total Project Budget:689,050 57,200 220,600 230,000 - - - 450,600 - Revenues/Funding Source From General Fund (PAYG)193,500 -- Fro Article 46 Sales Tax Proceeds - Addtl PAYG (from Lottery Proceeds)7,100 - Debt Financing - 2/3 Net Debt Bonds 198,450 - Debt Financing - School Improvements 163,100 35,000 198,100 - Debt Financing - Older Facilities 290,000 57,200 57,500 195,000 252,500 Grant Funds - Total 689,050 57,200 220,600 230,000 - - - 450,600 - Education Related Operating Costs Personnel Services - Operations - Recurring Capital New/Addl Revenue - Total Operating Costs -------- 144