Orange County NC Website
Browse       Search
24 <br /> Slide #10 <br /> Primary Outcomes of the Study <br /> Voting on Annual Work Program &Budget Approval Process <br /> Recommended language provides: <br /> The County first opportunity to consider approval of the Annual work Program as <br /> recommended by the Staff Working Group,and would take action to'Approve'er'peny' <br /> Upon County Approval,GoTnangle Board Of Trustees(SOT)would receive Annual Work <br /> Program(which includes budgets)and would then take action to'Approve'or'Ceny' <br /> If disagreement occurs between the two boards that cannot be resolved by the beginning of <br /> the next fiscal year,an Interim Work Program maybe authorized(enabled by state statute), <br /> which would allow continuation of all operating services from prior year and freeze all capital <br /> projects_ <br /> ATKINS AdVnKa ofCcovy approval prav+des gmmrrpcal rwfr,,wnrav4n in hwVerdec wn. <br /> .;.•e,-r�ians a«e�nrallilrly wrNr Nra pu8lrc,andaphancas G9f+abRrilben halween beards. <br /> Slide #11 <br /> Primary Outcomes of the Study <br /> Agreement Development &Expectations <br /> Recommended language provides: <br /> All parties endeavor to develop Master CapitaWperatingAgreernents <br /> MPO to be a party to any project involving funds they manage <br /> Orange County shall be a party to any type of agreement where GoTriangle is the project <br /> sponsor <br /> GoThangle,as tax district administrator,shall be a party to ALL agreements <br /> S W G to determine appropriate agreement structure for special case needs,s uc h as a large <br /> regional projects;required elements to define agreements shall be further detailed in <br /> Master Particfpatien Agreements. <br /> ATKINS R4ree nenfa w R prowde greaser cp++abp s5vn wilh pro a �ponso s and engancad c+anry. <br /> rransparenoy and epcaunfa6i7iry p the puWre andf+ra 90 min)beards <br /> Adam Howe said they hope to streamline it by making it part of one document. <br /> Slide #12 <br /> Primary Outcomes of the Study <br /> Reporting Expectations <br /> Recommended language provides: <br /> Annual Report-delivered to all parties by December t 5"'. <br /> Enhanced 02 Financial&Project Status Report-delivered to all parties by March 15t". <br /> Quarterly Financial Reports(Q 1&03)-delivered to all parties 45 days after close of each <br /> quarter <br /> Reporting expectations and templates to be defined by SWG(by defined deadlines in ILA) <br /> ATKINS Addd'nn armpprbrrg expaorwo.s mUvrew la mp avedl an9ean cy and�unfabitify <br /> --.... fo rira puWrc andgevaminp 6parsFa pn pran rm�WernenFafian <br />