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<br /> project and authorize its undertaking, identify the revenues that will finance the project,
<br /> and make the appropriations necessary to complete the project."
<br /> Attachment 3 includes twelve (12) County Capital Projects that are still active even
<br /> though they have been completed for several years. Closing these projects would
<br /> provide $8,781 in the County Capital Reserves Fund to be used for other capital
<br /> projects or towards annual debt service payments. This budget amendment provides
<br /> for the closing of these projects and their associated budgets, and the receipt of these
<br /> surplus funds of $8,781 in the County Capital Reserve Fund.
<br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals
<br /> associated with this item.
<br /> Deferred Maintenance — Schools
<br /> 12.As part of the FY 2018-19 Approved Operating Budget, $3,000,000 was budgeted in
<br /> the Education section of the General Fund Operating Budget for Deferred Maintenance
<br /> for use by both school systems to address needs from the districts' assessment studies
<br /> of their older schools. At FY 2018-19 year-end, the schools had expensed a total of
<br /> $1,468,077, leaving a balance remaining of $1,531,923. Since this was budgeted in an
<br /> annual General Fund account, the remaining balance lapsed at year-end. This budget
<br /> amendment provides for the use of available School Capital Reserve Funds of
<br /> $1,531,923 and amends the following School Capital Project Ordinances:
<br /> Deferred Maintenance— CHCCS ($965,324) - Project# 54022
<br /> Revenues for this project:
<br /> Current FY 2019-20 FY 2019-20
<br /> FY 2019-20 Amendment Revised
<br /> From Capital Reserves $1,804,200 $965,324 $2,769,524
<br /> Total Project Funding $1,804,200 $965,324 $2,769,524
<br /> Appropriated for this project:
<br /> Current FY FY 2019-20 FY 2019-20
<br /> 2019-20 Amendment Revised
<br /> Deferred Maintenance $1,804,200 $965,324 $2,769,524
<br /> Total Costs $1,804,200 $965,324 $2,769,524
<br /> Deferred Maintenance- OCS ($566,599) - Project# 51045
<br /> Revenues for this project:
<br /> Current FY 2019-20 FY 2019-20
<br /> FY 2019-20 Amendment Revised
<br /> From Capital Reserves $1,195,800 $566,599 $1,762,399
<br /> Total Project Funding $1,195,800 $566,599 $1,762,399
<br /> Appropriated for this project:
<br /> Current FY FY 2019-20 FY 2019-20
<br /> 2019-20 Amendment Revised
<br /> Deferred Maintenance $1,195,800 $566,599 $1,762,399
<br /> Total Costs $1,195,800 $566,599 $1,762,399
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