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17 <br /> The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> property tax growth and 4% sales tax growth over the next ten years. Many of the projects in <br /> the CIP will rely on debt financing to fund the projects. <br /> The items below include revisions made to the following Capital Projects since the presentation <br /> of the Manager's Recommended Capital Investment Plan on April 5, 2022: <br /> • At the May 12, 2022 Budget Work Session, staff included a revised Schools Capital <br /> Projects Summary reflecting adjustments made in regard to changes to the FY 2022-23 <br /> budgeted average daily membership (ADM) percentages, based on changes made from <br /> the time of the original CIP presentation and the FY 2022-23 Manager's Recommended <br /> Operating Budget presentation. The impact of these numbers changed the CHCCS <br /> percentage from 60.36% to 58.78%, and changed the OCS percentage from 39.64% to <br /> 41.22%. <br /> Slide #1 <br /> Capital Investment Plan Amendments <br /> h <br /> 2-23OP-oo2 onYnrssronei Greene emwpdr�ontropem+ranafded CYmsie <br /> hanpe(ira-b of$15.00Oarmore Amwda maple <br /> =Wernerr�l gram cycles A be peGW tupetke <br /> 5d'rvd and ca mmunty appYr�}and rel be <br /> adud on N*orneaxnpatiwa evalaalon and <br /> �d proeeEa! <br /> 2,2}Ct H4 awmr&"m emnove SmM Orange Oanpuo Erpenaian <br /> h A end 14��5r19SAN) <br /> 2,00FOOt h*mr PriGu 510p.0 t crum mki-prkbrts Purry Hip $1 H. <br /> t 11 <br /> 2-2 P.009 oM6!]tomefRrchard3Trafl%crt3bDnand onverini�eWvp65reGUmrren*9dhr 5.DDI <br /> M6 aaernemviFY2 22-23to ek#rc rnodeda�tl <br /> add4x�nlpHcemerbb r+rbnd mcrx�s al a <br /> 1 co5t cf S109= h.VAon,aid36.000 b <br /> prgenhudaelGo-instal charng oapebrnes <br /> o nummay <br /> •Cirnalba hhbflebon folds That are npl sparm or awarded each year atlhe end orsa im¢am cycia wii be <br /> sdvMlsed and made avarlahle to any elgibleappleard(rough a suinpenwmi gran cpcie Ird're Wal talBmce <br /> available euceeds 615.OW. AxarcIsrnade Ihrouq-1 The s,pprernental pant cycle wall rdlow true aarne ccmpaplroa <br /> vskiellon and award process esrcepl Ital in hs cycle(here wUl be a*one pawl rsehod and oonrnuniry <br /> applicarrts together} Annual amourds irraeasseach year.based on an asbmatad2%nalural growth In ass%Gad <br /> pmpertgvakre;FY 2025,26 includes an adrtbonal esomated 57%rrrQeasedue 101he next amicipaledd <br /> Revaluation. <br /> ORANGE COUNTY <br /> NORTI r 1-ARGIANA <br /> Commissioner Greene reviewed amendment 22-23CIP-002. <br /> All of the Commissioners were in favor of budget amendment 22-23CIP-002, which <br /> revised the policy on unspent/unawarded Climate Change Grants of $15,000 or more. There <br /> was no budgetary impact. <br /> Commissioner Greene reviewed amendment 22-23CIP-004. She said part of the need <br /> for the Southern Orange Campus Expansion was for a dental clinic, but now the county has a <br /> mobile dental clinic and needs have changed. She proposed removing the project from the <br /> CIP. <br /> Chair Price said the amendment does not affect the budget and Commissioner Greene <br /> agreed. <br />