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Agenda 05-07-24; 7-a - Discussion on Statutes and Policies Regarding Project-Based School Capital Funding
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Agenda 05-07-24; 7-a - Discussion on Statutes and Policies Regarding Project-Based School Capital Funding
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BOCC
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5/7/2024
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Business
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Agenda
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7-a
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44 �7 <br /> identified and preserved. The collaboration work group asked that aletter bosent tothe towns <br /> tothis effect. There has been aresponse from Carrboro only. <br /> Dennis Whitling said that the OCS Board met with the Town of Hillsborough and discussed <br /> this topic, and the two boards were on the oorne page. He said that[)C8 in moving forward with <br /> the Town ofHillsborough onsome ideas. <br /> Chair Carey asked about oproposed meeting with the Town mfMebane and Dennis <br /> VVhUUingsaid that there are plans bJdothis. <br /> Superintendent Pedersen asked about next steps after they get responses and contacts <br /> and who would take the lead in this pnzoeaa. <br /> Chair Carey said that the Board has not discussed this yet. Hgsaid that once contacts <br /> have been identified then Orange County staff could facilitate the first meeting with all the <br /> entities. <br /> Commissioner Gordon made reference toahandout she distributed at the County <br /> Commissioners' meeting onMarch 27m. She said that the general idea ofthese groups getting <br /> together was implemented bvthe Schools and Land Use Council years ago. ThaSLUC <br /> initiated the Schools Adequate Public Facilities Ordinance. She said that she supports this <br /> general idea ofland banking. She said that there was oschool/parks reserve fund atone time, <br /> where the County Commissioners had set aside one cent onthe property tax for|and-bonking' <br /> but the Commissioners eventually stopped allocating money toit. She said that ifthis group <br /> meets, there should bediscussion about how the sites will be purchased. <br /> Commissioner Jacobs suggested that[J[:S get with the Planning Department, who did a <br /> fiscal analysis ofthe Collins property. The developer has not committed 10any commercial <br /> density, which may convert to more residential density and would have more of an adverse <br /> impact oOthe school system. <br /> Chair Carey asked the Manager and Planning Director to share this document with the <br /> school boards. <br /> C. <br /> Capital Funding Policy, Including Loftery Proceeds <br /> Laura Blackmon said that on April 24th the Board of County Commissioners approved the <br /> capital funding policy, which included the updated position on the lottery proceeds. The Board <br /> decided to come back in the fall and do the ten-year capital improvement plan. The Board <br /> approved budgeting the lottery proceeds iOarrears for renovation projects VrdeLdservice. <br /> Chair Carey said that this policy, aaitrelates tothe lottery proceeds, has been discussed <br /> inthe school collaboration work group adleast twice. <br /> Ted Triebel said that he did not see before now that the N.C. Department of Public <br /> Instruction (page two) has said that the County could request lottery funds before actually <br /> spending them oolong aGthe County anticipates making the expenditure within the fiscal year. <br /> He said that he understands this tOsay that they are going toget funds and bank them for a <br /> year, and then expend them. Hoasked for clarification onthis. <br /> Donna Coffey said that by statute the lottery commission is to make four deposits into the <br /> mcoountinmnyfonnatthattheyvvant—notnemeaaah|yeneryquartmr. She said that the County <br /> can request as much money as it wants, but it will not get it until the money is in the account. <br /> The funds need toboexpended within the year. She clarified that the funds dodraw interest ot <br /> the state level. <br /> Several school board members asked clarifying questions,which were answered by <br /> Donna Coffey and Laura Blackmon. <br /> Jamezetta Bedford thanked the Board of County Commissioners for giving the school <br /> boards the flexibility onhow touse the funds. She made reference 10page seven and the <br /> construction management function. She asked ifthere was ofairer way toallocate funds rather <br /> than the number ofstudents. Dennis VVh|U|ngagreed. <br />
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