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<br /> RecurringCapital
<br /> Recurring Capital Projects - CHCCS
<br /> Project Category School Project Status: Active Project Type
<br /> Functional Service Area; Education Proposed Bid Date: MD New
<br /> School System: CHCCS Starting Date: 71112021 Expansion
<br /> Completion Date: MD Renovation x
<br /> Project Number. S4010 lReplacement x
<br /> Project Description/Justification:
<br /> To address recurring capital projects as identified by the school system each fiscal. The $1,810,800 each
<br /> fiscal year represents CHCCS portion, based on the current ADM, of the $3,000,000 provided schools each
<br /> year for recurring capital projects. The funding source for these annual projects used to be pay-as-you-go,
<br /> but beginning in FY 2018-19, they changed to debt financing. Examples of FY 2021-22 projects include:
<br /> furnishings and equipment at schools district-wide, drainage improvements, carpet/tile installation, roof
<br /> repairs, and mechanical and plumbing repairs/renovations.
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Pro ectBudget Funding 2020-21 2021-22 2022-23 2023.24 2024-25 2D25-26 Total Year 10
<br /> Appi*Dpriortion
<br /> ConstructionfRe airsfRenovatians 1,626,100 1,799,7D0 1,810,800 1,910,300 1,810,80 1,910,800 1,810,800 9,054,000 9,as4,om
<br /> _Appropriation Total 3,626,100 1,799,7D0 1,810,800 1,810,8011 1,810,80 1,810,800 1,810,800 9,054,000 9,as4,000
<br /> RetterluesJFunding Source
<br /> Debt Firranon -School lm rovements 3,626,100 1,799,700 1,810,800 1,910,800 1,810,860 1,810,800 1,910,800 9,0P,000 9,054,400
<br /> RevenuesJFunding Source Total 3,626,100 1,799,700 1,810,800 1,910,800 1,810,800 1,810,800 1,810,8011) 9,054,000 9,054,400
<br /> r
<br /> ORANGE COUNTY
<br /> NORTH CAROLINA
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