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Attachment 1 <br /> 1 <br /> 1 DRAFT MINUTES <br /> 2 ORANGE COUNTY <br /> 3 BOARD OF COMMISSIONERS <br /> 4 BUDGET WORK SESSION - CIP <br /> 5 April 22, 2025 <br /> 6 7:00 p.m. <br /> 7 <br /> 8 The Orange County Board of Commissioners met for a Budget Work Session on the CIP on <br /> 9 Tuesday, April 22, 2025, at 7:00 p.m. at the Whitted Human Services Center in Hillsborough, <br /> 10 NC. <br /> 11 <br /> 12 COUNTY COMMISSIONERS PRESENT: Chair Jamezetta Bedford and Commissioners Marilyn <br /> 13 Carter, Amy Fowler, Sally Greene, and Earl McKee <br /> 14 COUNTY COMMISSIONERS ABSENT: Vice-Chair Jean Hamilton and Commissioner Phyllis <br /> 15 Portie-Ascott <br /> 16 COUNTY ATTORNEYS PRESENT: John Roberts <br /> 17 COUNTY STAFF PRESENT: County Manager Travis Myren, Deputy County Manager Caitlin <br /> 18 Fenhagen, and Clerk to the Board Laura Jensen. (All other staff members will be identified <br /> 19 appropriately below) <br /> 20 <br /> 21 Chair Bedford called the meeting to order at 7:00 p.m. All commissioners were present <br /> 22 except Vice-Chair Hamilton and Commissioner Portie-Ascott. <br /> 23 <br /> 24 1. Discussion of Manager's Recommended FY 2025-35 Capital Investment Plan (CIP) <br /> 25 The Board discussed the Manager's Recommended FY 2025-35 Capital Investment Plan. <br /> 26 <br /> 27 BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that <br /> 28 establishes a budget planning guide related to capital needs for the County and Schools. The <br /> 29 10-Year CIP is evaluated annually to include year-to-year changes in priorities, needs, and <br /> 30 available resources. Approval of the CIP commits the County to the first-year funding only of <br /> 31 the capital projects; all other years are used as a planning tool and serves as a financial plan <br /> 32 <br /> 33 Capital Investment Plan — Overview <br /> 34 The FY 2025-35 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> 35 School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and <br /> 36 Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> 37 Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> 38 <br /> 39 The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> 40 property tax growth and 4% in sales tax growth annually over the next ten (10) years. The CIP <br /> 41 will rely substantially on debt financing to fund the projects and these required debt amounts are <br /> 42 fully integrated in the County's Long-Term Debt Model (page 40 in the CIP document provides a <br /> 43 bar chart of the ten-year funding plan). <br /> 44 <br /> 45 The meeting discussion will focus on the specific projects in the County and Proprietary CIP. <br /> 46 Note: Page numbers are referenced below as they appear in the CIP document. See <br /> 47 Attachment A for the Overall CIP Summary (page 36), County CIP Projects Summary (page 48), <br /> 48 the Proprietary CIP Summaries (page 119), and School CIP Summary (page 131). <br /> 49 <br />