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17 <br /> 1 The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> 2 property tax growth and 4% sales tax growth over the next ten years. Many of the projects in <br /> 3 the CIP will rely on debt financing to fund the projects. <br /> 4 <br /> 5 The items below include revisions made to the following Capital Projects since the presentation <br /> 6 of the Manager's Recommended Capital Investment Plan on April 5, 2022: <br /> 7 <br /> 8 At the May 12, 2022 Budget Work Session, staff included a revised Schools Capital <br /> 9 Projects Summary reflecting adjustments made in regard to changes to the FY 2022-23 <br /> 10 budgeted average daily membership (ADM) percentages, based on changes made from <br /> 11 the time of the original CIP presentation and the FY 2022-23 Manager's Recommended <br /> 12 Operating Budget presentation. The impact of these numbers changed the CHCCS <br /> 13 percentage from 60.36% to 58.78%, and changed the OCS percentage from 39.64% to <br /> 14 41.22%. <br /> 15 <br /> 16 <br /> 17 Slide #1 <br /> Capital Investment Flan ► ndm nt <br /> 2- 1F-003 Conn�rss,oaerGreene .k3 e4tsepi.iryontinapenLLVu%ardadCimahe <br /> tnaec:r, a al$15.000 or more A+rarda n <br /> oauppl€rnerrblgrardc)-K aAGepmWIngeinEr <br /> artrcl and cnrrrnunty appicw6i and Mi be 7 <br /> marded an m area impel"es�Auatan and <br /> d pmetRa <br /> 2-2 Y-0Ua ;gmmitimner rr yana en0e soukim Oran y Campus EAaanaian <br /> rqectnpeera a and 10{35,4e5,GM) <br /> 2-2"P-Htnrn Mr fi lca EAR 9 WX01 Cram mh-P riQrfra Fury Htpi $1 WOO <br /> ftuve dyer it <br /> -?.3e -003 ''Comm swnerRreharM Tran9mmy,and'anmi nm4+c_niriea rewrtrnendedtr 5115:x0 <br /> AS aewrnem in FY22022-33 W ft"K!nlodeh arra <br /> Ll:i <br /> addiior�rl rgp4xsweMV�refbrid me daof a <br /> rcierihudgelto instal changing ospadlies <br /> IQ ne <br /> Climate OhgoUon 4rrds that are riol spam or awarded each your at the eni qI ear*r gram cycle poll be <br /> adveelised an,i made available to any eigiblearin"d rtra gh a supplernertal greet(-Vile Ir die ralal tratantE <br /> avaMbie exreeds 6150W :Awardsmade ihrgugln the agdmeMl Cr-am ryo{a wiil fr_tbw tta,arae comrgIrlrve <br /> evaOjallori aril award process,eNcepl Ilial In hs cvd fi drPere yell be any one pool(schoLA end eonrnunily <br /> appic rils*Wher) Annual anxnmis irueeseslacil year,based an an es.0mated2%ranlural DrvMh in assev,sed <br /> property value;fW 20M-26 irowjes an oddoanal a omawd 57%rrueasedue to the meat amloipaled _ <br /> Rayan a an. ---' <br /> QKANGE COUNTY <br /> NORTl r CkP IANA <br /> 18 <br /> 19 Commissioner Greene reviewed amendment 22-23CIP-002. <br /> 20 All of the Commissioners were in favor of budget amendment 22-23CIP-002, which <br /> 21 revised the policy on unspent/unawarded Climate Change Grants of $15,000 or more. There <br /> 22 was no budgetary impact. <br /> 23 Commissioner Greene reviewed amendment 22-23CIP-004. She said part of the need <br /> 24 for the Southern Orange Campus Expansion was for a dental clinic, but now the county has a <br /> 25 mobile dental clinic and needs have changed. She proposed removing the project from the CIP. <br /> 26 Chair Price said the amendment does not affect the budget and Commissioner Greene <br /> 27 agreed. <br /> 28 No Commissioners expressed opposition to budget amendment 22-23CIP-004. <br />