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Attachment 5 <br /> 1 <br /> 1 DRAFT MINUTES <br /> 2 ORANGE COUNTY <br /> 3 BOARD OF COMMISSIONERS <br /> 4 BUDGET WORK SESSION <br /> 5 June 5, 2025 <br /> 6 7:00 p.m. <br /> 7 <br /> 8 The Orange County Board of Commissioners met for a Budget Work Session on Thursday, June <br /> 9 5, 2025, at 7:00 p.m. at the Southern Human Services Center in Chapel Hill, NC. <br /> 10 <br /> 11 COUNTY COMMISSIONERS PRESENT: Chair Jamezetta Bedford, Vice-Chair Jean Hamilton, <br /> 12 and Commissioners Marilyn Carter, Amy Fowler, Sally Greene, Earl McKee, and Phyllis Portie- <br /> 13 Ascott <br /> 14 COUNTY COMMISSIONERS ABSENT: None. <br /> 15 COUNTY ATTORNEYS PRESENT: None. <br /> 16 COUNTY STAFF PRESENT: County Manager Travis Myren, Deputy County Manager Caitlin <br /> 17 Fenhagen, and Clerk to the Board Laura Jensen. (All other staff members will be identified <br /> 18 appropriately below.) <br /> 19 <br /> 20 Chair Bedford called the meeting to order at 7:00 p.m. All commissioners were present. <br /> 21 <br /> 22 1. Discussion and Decisions on FY 2025-35 Capital Investment Plan <br /> 23 • Funding Decisions on the Capital Investment Plan Amendment List <br /> 24 • Accept FY 2025-35 Capital Investment Plan and Approve the Intent to Adopt Capital <br /> 25 Funding for FY 2025-26 <br /> 26 <br /> 27 The Board discussed the FY 2025-35 Capital Investment Plan, accept the Ten-Year Capital <br /> 28 Investment Plan, and approve the Intent to Adopt Capital Funding for FY 2025-26. <br /> 29 <br /> 30 BACKGROUND: For over 20 years, the County has produced a Capital Investment Plan (CIP) <br /> 31 that establishes a budget planning guide related to capital needs for the County as well as <br /> 32 Schools. The current CIP consists of a 10-year plan that is evaluated annually to include year-to- <br /> 33 year changes in priorities, needs, and available resources. Approval of the CIP commits the <br /> 34 County to the first year funding only of the capital projects. All other years are used as a planning <br /> 35 tool and serves as a financial plan. <br /> 36 <br /> 37 Capital Investment Plan — Overview <br /> 38 The FY 2025-35 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> 39 School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and Durham <br /> 40 Technical Community College — Orange County Campus projects. The Proprietary Projects <br /> 41 include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> 42 <br /> 43 The CIP has been prepared anticipating moderate economic growth of approximately 2% in <br /> 44 property tax growth and 4% sales tax growth over the next ten years. Many of the projects in the <br /> 45 CIP will rely on debt financing to fund the projects. <br /> 46 <br /> 47 Travis Myren, County Manager, made the following presentation: <br /> 48 <br /> 49 <br />