Minutes 05-13-2021 Virtual Budget Work Session

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8 SLIDE #7 FY2021-26 Recommended Capital Investment Plan Orange County Campus Expansion—page 130 New Academic Building —Facility master plan results in May —$26.6 melon total estimated proWl costs —Fslimated at 58,000 square feet —250 surtaoe perking spaces • Project Phasing —FY2020-21:Planning and design-$1 million —FY201-22:site preparation-$3 1 million —FY2022.23:Const—t—•522.E millon • New Operating Coslsof$365,000 starting in FY2023-24 -.C- • Current Debl Service Satisfed in FY2027 ORANGE COUNTY r »Dart c cnuri.i : Commissioner Dorosin referred to Slide #2. He asked if there is a process for determining what is recommended for funding and what is not. Travis Myren said all requests that are not funded are new, while the funded requests are based on ongoing operations. Commissioner Greene said she understands the rationale for that, but would like to put in a good word for the Small Business Center support. She said the County owes it to small businesses to provide support. She said she would like to see it funded at some point. She said she was going to suggest using article 46 sales tax, but believes those funds are already fully allocated for this year. Chair Price asked if any American Rescue Plan Act (ARPA) funds will be used for DTCC, given what DTCC is doing related to people out of work and getting job skills. Travis Myren said he looked at the eligibility criteria for ARPA funds, and how they could be applied to the education realm. He said he will look into whether funds could go to DTCC, or if they have to go to go to individuals. Chair Price said it seems that there would be a way for the funds to go to the college, since community colleges are being relied on across the country to help with economic recovery coming out of the pandemic. She said if that were possible, the numbers could be reworked so the Small Business Center could be funded. Travis Myren said ARPA is one-time money, so it would be best not to apply it to ongoing expenses, but he would look into whether any of the new funding requests from DTCC would be eligible. Chair Price said she understands not wanting to use one-time money, but it could used to leverage other possibilities. Commissioner Fowler said reserve funds are being used for several things, leaving a balance of$775,168 in the Article 46 Sales Tax fund. She asked if this could be used for the Small Business Center. She said $614,000 is earmarked for economic development, and asked if there are any unused funds that could go towards the schools, or if all the money for schools has been used. Travis Myren said this amount is currently in the economic development portion of that budget. He said the schools portion is completely allocated every year. Commissioner Fowler asked if the Economic Development money could be used for the Small Business Center support. Travis Myren said possibly. Commissioner Bedford asked if DTCC would receive ARPA funds or other resources, which could be used to supplement expenditures.