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<br /> with the debt supported capital funding , rather than track two separate funding balances .
<br /> This amendment identifies the balances in the Article 46 Fund at the end of FY 2022 -23
<br /> and transfers those funds to the School Capital Fund as well . This transfers the remaining
<br /> balance of $ 716 , 087 . 44 for Orange County Schools and $ 320 , 974 . 13 for Chapel Hill
<br /> Carrboro City Schools to projects in the School Capital Fund . This action increases the
<br /> authorization of the School Capital Fund , outside of the General Fund , by $ 1 , 037 , 061 . 57
<br /> and amends the following capital project ordinances :
<br /> CHCCS Mechanical Systems ($249, 473. 42) = Project # 54006 '.
<br /> Revenues for this project :
<br /> FY 20223 -
<br /> Current 24 FY 20223 -24
<br /> FY 20223 -24 Revised
<br /> Amendment
<br /> Bond Proceeds $ 177 , 715 $ 0 $ 177 , 715
<br /> Lottery Proceeds $ 959 , 247 $ 0 $ 9591247
<br /> Transfer from General Fund $2 , 235 , 367 $ 0 $2 , 2351367
<br /> Article 46 Proceeds $ 0 $249 , 473 . 42 $2491473042
<br /> Alternative Financing $ 2 , 007 , 030 $ 0 $ 210071030
<br /> Total Project Funding $ 5 , 379 , 359 $ 249 ,473 .42 $ 5 , 628 , 832 . 42
<br /> Appropriated for this project :
<br /> Current FY 24 23 FY 20223 -24
<br /> FY 20223 -24 Amendment Revised
<br /> Capital Project Expenditures $ 5 , 379 , 359 $ 249 , 473 . 42 $ 5 , 6281832 . 42
<br /> Total Costs $ 5137 % 359 $ 249 , 473 . 42 $ 5 , 628 , 832 . 42
<br /> CHCCS Technology ($71, 500, 71) - Project # 54013
<br /> Revenues for this project :
<br /> Current FY 24 23 FY 20223 -24
<br /> FY 20223 -24 Revised
<br /> Amendment
<br /> Bond Proceeds $ 1 , 862 , 121 $ 0 $ 11862 , 121
<br /> Transfer from General Fund $ 117721 , 104 $ 0 $ 11 , 721 , 104
<br /> Article 46 Proceeds $ 1 , 680 , 907 $ 71 , 500 , 71 $ 1 , 752 , 407 . 71
<br /> Alternative Financing $ 613377848 $ 0 $ 61337 , 848
<br /> Total Project Funding $ 21 , 601 , 980 $ 711500 . 71 $ 21 , 673 ,480 . 71
<br /> Appropriated for this project :
<br /> Current FY 24 23 FY 20223 -24
<br /> FY 20223 -24 Amendment Revised
<br /> Capital Project Expenditures $ 22 , 5611227 $ 71 , 500 . 71 $22 , 6321727 . 71
<br /> Total Costs $ 22 , 5611227 $ 711500 . 71 $ 2216321727 . 71
<br /> OCS Technology ($ 716, 087, 44) = Project # 51011
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