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ORANGE COUNTY ABC BOARD—AGENDA FORM <br /> Meeting Date: May 21, 2024 Agenda Item #6 <br /> Regular Session X <br /> Closed Session <br /> 1. Capital Improvement Plan (Attachment"Page 5"): <br /> With the ten-year building period for the Board concluded in FY 2023 followed by the <br /> implementation of new registers installed and software upgraded in the stores and the office in FY <br /> 2024, capital outlay in coming years is expected to be modest. <br /> Total capital expenses for 2025 (including debt service) are estimated to be $312,255 to be paid for <br /> with a balance of funds retained from the present year. Expenses for 2025 include: <br /> A replacement delivery truck for the warehouse (ordered but not received in 2024) <br /> • Upgrade security cameras/digital video recorder(office/stores)(not completed in 2024) <br /> The first-draft Annual Budget("Page 6') is presented for review as is the Annual Budget Ordinance <br /> ("Page 7') for review and consideration. <br /> Action Requested: <br /> 1. Review and discuss as needed. <br /> Financial Impact: See Above <br /> Staff Recommendations/Comments: None <br /> Page 3 of 7 pages <br />