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<br />April 2, 2019 <br /> <br />TO: Board of Orange County Commissioners <br /> <br />FROM: Bonnie Hammersley <br /> County Manager <br /> <br /> Travis Myren <br /> Deputy County Manager <br /> <br />RE: Manager’s Recommended FY 2019-2024 Capital Investment Plan <br /> <br />I am pleased to submit the County Manager’s Recommended Capital Investment Plan (CIP) for <br />FY 2019-24 for your consideration. The CIP serves two important functions. First, it authorizes <br />capital appropriations for the next fiscal year, but it also serves as a plan for the future. The <br />Plan contains detailed recommendations for capital projects five years into the future and more <br />general descriptions of projects proposed in the subsequent five years, projecting capital <br />spending a total of ten years into the future. These future project plans are integrated into the <br />County’s debt model and budget projection model for long term financial forecasting. <br /> <br />Recommended capital expenditures for FY 2019-20 total $47.4 million. Of this amount, $10.1 <br />million is recommended for County capital projects, $2.9 million is recommended for <br />proprietary fund spending including water and sewer projects, Solid Waste, and Sportsplex, and <br />$34.4 million is recommended for school capital improvements. <br /> <br />The recommended FY 2019-20 CIP represents a decrease of approximately $19.3 million <br />compared to the FY2018-19 Amended CIP. The FY2018-19 amended capital budget included <br />several large projects such as the second allocation of the affordable housing bond ($2.5 <br />million), the Northern County Campus ($34.7 million), the Southern Branch Library ($5.6 <br />million), and building remediation projects ($3.5 million). <br /> <br />This memorandum describes projects that are recommended in the first year of the FY2019-24 <br />CIP and other significant changes that are recommended for consideration in future years. <br /> <br />7