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7 <br /> 1 Chair Price said at one time the Planning Board would suggest native plants for new <br /> 2 developments. <br /> 3 Commissioner Richards said she is a gardener and would like to plant native plants. <br /> 4 Christian Hirni said staff works closely with Cooperative Extension and the North <br /> 5 Carolina Forest Service for when people are looking for nurseries that provide native species. <br /> 6 He said that list can be shared. <br /> 7 Chair Price thanked Terri Buckner again for being present. <br /> 8 <br /> 9 c. Presentation of Manager's Recommended FY 2022-32 Capital Investment Plan (CIP) <br /> 10 The Board received a presentation of the Manager's Recommended FY 2022-32 Capital <br /> 11 Investment Plan. <br /> 12 <br /> 13 BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that <br /> 14 establishes a budget planning guide related to capital needs for the County and Schools. The <br /> 15 CIP has been enhanced to provide specific project funding in years 6-10 as well. The 10-Year <br /> 16 CIP is evaluated annually to include year-to-year changes in priorities, needs, and available <br /> 17 resources. Approval of the CIP commits the County to the first year funding only of the capital <br /> 18 projects; all other years are used as a planning tool and serves as a financial plan. <br /> 19 <br /> 20 Capital Investment Plan — Overview <br /> 21 The FY 2022-32 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> 22 School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and <br /> 23 Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> 24 Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> 25 <br /> 26 The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> 27 property tax growth and 4% in sales tax growth annually over the next ten years. The CIP will <br /> 28 rely substantially on debt financing to fund the projects and these required debt amounts are <br /> 29 fully integrated in the County's Long-Term Debt Model. <br /> 30 <br /> 31 Travis Myren gave the following PowerPoint presentation: <br /> 32 <br /> 33 <br />