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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: May 18, 2023 <br /> Action Agenda <br /> Item No. 1 <br /> SUBJECT: Discussion of Durham Technical Community College <br /> DEPARTMENT: County Manager <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Bonnie Hammersley, (919) 245-2300 <br /> Travis Myren, (919) 245-2308 <br /> Kirk Vaughn, (919) 245-2153 <br /> PURPOSE: To review and discuss the Durham Tech Community College FY 2023-24 Operating <br /> and Capital Investment Plan Budgets. <br /> BACKGROUND: The County Manager presented the FY 2023-24 Recommended Budget on May <br /> 2, 2023. Since that time, the Board has conducted one public hearing to receive residents' <br /> comments regarding the proposed funding plan. This discussion is the first opportunity the Board <br /> has had to discuss next year's recommended funding plan related to Durham Tech Community <br /> College (DTCC) <br /> Operating and Capital Funding: Current Expense for Durham Tech Community College is <br /> recommended to increase by 10% or $80,941. In addition, Durham Tech is recommended to be <br /> funded $390,000 from Article 46 sales tax proceeds. The total funding for Durham Tech <br /> Community College is $1 ,544,379 from all sources, including debt service payments. The funding <br /> for DTCC is discussed on pages 134 and 137 of the FY 2023-24 Recommended Operating <br /> Budget. <br /> In the Capital Investment Plan, Durham Tech has $10,500,000 in year one funding to expand its <br /> Orange County Campus. The project is found on page 144 of the Recommended Capital <br /> Investment Plan, and has $500,000 of available planning funds authorized by the Board in FY <br /> 2022-23. <br /> FINANCIAL IMPACT: Information on the financial impact is included in the above Background <br /> section. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals associated with <br /> this item. <br />