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4 <br /> Slide #4 <br /> FY202 -23 Recommended County Projects <br /> • Inflationary Adjustments on County Projects <br /> — All County project costs updated to reflect current construction <br /> and equipment costs <br /> El"Irleal and F1r►AAwff4w roa**d by approArnaf*IyiSD% <br /> • whiffed Raaf prajectnereeeedbyappradmab*W% <br /> • HV0.Cpropcbincrfaa�dk*tw*an34.94Sb <br /> EMS Sul»iat an*pfndlny ad4uaimfnl ba**d an Ef d S+rb*f41io hid <br /> — General inflationary adjustments added to other future protects <br /> 3%annualy+for other prolima <br /> 5%artnuaf for communicalion equipment <br /> ORANGE COUNTY <br /> { N10F ]r CAROLIN 1 <br /> Travis Myren said Steve Arndt, Director of Asset Management Services, his staff went <br /> through all capital requests and looked at current construction costs. He noted that construction <br /> costs are incredibly expensive right now, and some projects have increased by almost 80%. He <br /> said the Efland EMS Substation bid took place this afternoon and is overbudget, so staff will be <br /> bringing a recommendation back to the Board on how to make up the difference and proceed <br /> with the project. <br /> Slide #5 <br /> FY2022-23 Recommended County Projects <br /> • Climate Change Mitigation Projects - $550,150 (p, 35) <br /> — Established in FY2019-20 <br /> - Ded icated quarter cent of property tax annually <br /> - 50% reserved for school projects,50%reserved for community <br /> projects <br /> - Funds transferred from the General Fund into Capital Project to <br /> preserve unspent funding from prior year <br /> ORANGE COUNTY <br /> M-RT]r CAW l IN,,, <br /> 5 <br />