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Two additional scenarios were modeled at the request of some BoCC <br /> members. (Models H and B). Model B has some existing CIP projects that <br /> would be reduced under scenario B. Most of these are Parks projects. Two <br /> additional scenarios based on requests from last night. H+B and F. Under <br /> development. Ready for board retreat Friday, January 19th. <br /> Table was shown for the tax impact of these scenarios on a$500,000 home. <br /> These impacts range from $200 to $561. <br /> Review of timeline: <br /> • Scenarios will be discussed again at retreat on January 191h, <br /> • Staff discussion with Local Government Commission in late <br /> January/February, <br /> • School Boards adopt a resolution supporting the referendum in <br /> February, <br /> • Timing to adjust the plan in March if conditions change. <br /> • Final decision on bond purpose and not to exceed amount in <br /> early April. <br /> • BoCC appoints bond education committee in April, <br /> • BoCC introduces bond order and has public meetings in April, <br /> • Final approval in June before the Board goes on break. <br /> Bonnie: Ask Kirk to layout Woolpert's plans in terms of pay-go and annual <br /> maintenance. <br /> Kirk: Woolpert recommended options each have different combinations of <br /> plans for each school from repairing high priority needs (i.e., annual <br /> maintenance), renovation, new schools, and consolidations. Each plan has <br /> its own plan of each of the categories. (Ex: Option A being annual <br /> maintenance projects only. Option C has annual maintenance for high <br /> priority needs in every building not getting major renovations.) In Plan C, <br /> the annual maintenance budget is about $19 million each year for those <br /> other buildings during the 10-year planning period. When that plan period <br /> ends,we need to determine the ongoing annual maintenance. Woolpert has <br /> provided an ongoing range of$5 million as the lowest with $27 million to <br /> $35million in upper ends. <br /> The Bond allows us to raise one time capital funding with debt payments <br /> over 20 years. The funding all capital costs through the bond does not allow <br /> for continued annual maintenance funding after the bond period is over. <br /> That is why the county is proposing funding plans that mix bonds with Pay- <br /> Go, which allows for options to continue annual maintenance funding after <br /> the bond period. <br /> 4. Discussion and Group Next Steps <br />