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4 <br /> 1 <br /> 2 Jean Hamilton, Chair <br /> 3 Orange County Board of Commissioners <br /> 4 <br /> 5 A motion was made by Commissioner Bedford, seconded by Earl McKee, to approve and <br /> 6 authorize the Chair to sign the proclamation. <br /> 7 <br /> 8 VOTE: UNANIMOUS <br /> 9 <br /> 10 b. Presentation of Manager's Recommended FY 2026-36 Capital Investment Plan (CIP) <br /> 11 The Board received the Manager's Recommended FY 2026-36 Capital Investment Plan. <br /> 12 <br /> 13 BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that establishes a <br /> 14 budget planning guide related to capital needs for the County and Schools. The 10-Year CIP is evaluated <br /> 15 annually to include year-to-year changes in priorities, needs, and available resources. Approval of the <br /> 16 CIP commits the County to the first-year funding only of the capital projects; all other years are used as a <br /> 17 planning tool and serves as a financial plan. <br /> 18 <br /> 19 Capital Investment Plan—Overview <br /> 20 The FY 2026-36 CIP includes County Projects, School Projects, and Proprietary Projects. The School <br /> 21 Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and Durham Technical <br /> 22 Community College — Orange County Campus projects. The Proprietary Projects include Water and <br /> 23 Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br /> 24 <br /> 25 The CIP has been prepared anticipating moderate economic growth of approximately 2% in property tax <br /> 26 growth and 4% in sales tax growth annually over the next ten years. The CIP will rely substantially on <br /> 27 debt financing to fund the projects and these required debt amounts are fully integrated in the County's <br /> 28 Long-Term Debt Model. <br /> 29 <br /> 30 Travis Myren, County Manager, presented a high-level overview of the recommended Capital <br /> 31 Investment Plan (CIP) (PowerPoint presentation is attached to the minutes). <br /> 32 <br /> 33 Slide#1 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Introduction of the Capital Investment <br /> Plan for FY2026-36 <br /> Board of Commissioners Business Meeting <br /> April 7, 2026 <br /> 34 <br /> 35 Travis Myren noted that a more in-depth discussion would occur on April 16, 2026, for year one <br /> 36 projects. <br /> 37 <br />