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1 <br /> APPROVED 514/22 <br /> MINUTES <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> BUDGET WORK SESSION-CIP <br /> April 12, 2022 <br /> 7:00 p.m. <br /> The Orange County Board of Commissioners met for a CIP Budget Work Session on <br /> Tuesday, April 12, 2022 at 7:00 p.m. <br /> COUNTY COMMISSIONERS PRESENT: Chair Renee Price, Vice Chair Jamezetta Bedford, <br /> and Commissioners Amy Fowler, Sally Greene, Jean Hamilton, Anna Richards <br /> COUNTY COMMISSIONERS ABSENT: Commissioner Earl McKee <br /> COUNTY ATTORNEYS PRESENT: John Roberts <br /> COUNTY STAFF PRESENT: County Manager Bonnie Hammersley, Deputy County Manager <br /> Travis Myren, and Clerk to the Board Laura Jensen. (All other staff members will be identified <br /> appropriately below) <br /> Chair Price called the Board of County Commissioners meeting to order at 7:00 p.m. All <br /> Commissioners were present except for Commissioner McKee. <br /> Chair Price said that Commissioner McKee will be late to the meeting. <br /> Chair Price explained that public comment is not taken at Budget Work Sessions or <br /> regular Work Sessions but encouraged the public's attendance. She said there will be two <br /> public hearings for members of the public to comment on the budget. <br /> 1. Discussion of Manager's Recommended FY 2022-32 Capital Investment Plan (CIP) <br /> Travis Myren introduced the information below: <br /> BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that <br /> establishes a budget planning guide related to capital needs for the County and Schools. The <br /> CIP has been enhanced to provide specific enumeration of project funding in years 6-10 as <br /> well. The 10-Year CIP is evaluated annually to include year-to-year changes in priorities, needs, <br /> and available resources. Approval of the CIP commits the County to the first-year funding only <br /> of the capital projects; all other years are used as a planning tool and serves as a financial plan. <br /> Capital Investment Plan — Overview <br /> The FY 2022-32 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> school Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and <br /> Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> property tax growth and 4% in sales tax growth annually over the next ten years. The CIP will <br /> rely substantially on debt financing to fund the projects and these required debt amounts are <br /> fully integrated in the County's Long-Term Debt Model (page 24 provides a bar chart of the ten- <br /> year funding plan). <br /> The meeting discussion will focus on County and Proprietary CIP projects. Note: Page numbers <br /> are referenced below as they appear in the CIP document. See Attachment A for the Overall <br />