Minutes 04-07-2026-Business Meeting

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4 Jean Hamilton, Chair Orange County Board of Commissioners A motion was made by Commissioner Bedford,seconded by Earl McKee,to approve and authorize the Chair to sign the proclamation. VOTE: UNANIMOUS b. Presentation of Manager's Recommended FY 2026-36 Capital Investment Plan (CIP) The Board received the Manager's Recommended FY 2026-36 Capital Investment Plan. BACKGROUND: Each year,the County produces a Capital Investment Plan (CIP)that establishes a budget planning guide related to capital needs for the County and Schools. The 10-Year CIP is evaluated annually to include year-to-year changes in priorities, needs, and available resources. Approval of the CIP commits the County to the first-year funding only of the capital projects; all other years are used as a planning tool and serves as a financial plan. Capital Investment Plan—Overview The FY 2026-36 CIP includes County Projects, School Projects, and Proprietary Projects. The School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and Durham Technical Community College—Orange County Campus projects. The Proprietary Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. The CIP has been prepared anticipating moderate economic growth of approximately 2% in property tax growth and 4% in sales tax growth annually over the next ten years.The CIP will rely substantially on debt financing to fund the projects and these required debt amounts are fully integrated in the County's Long- Term Debt Model. Travis Myren, County Manager, presented a high-level overview of the recommended Capital Investment Plan (CIP) (PowerPoint presentation is attached to the minutes). Slide#1 ORANGE COUNTY NORTH CAROL714A Introduction of the Capital Investment Plan for FY2026-36 Board of Commissioners Business Meeting April 7, 2026 Travis Myren noted that a more in-depth discussion would occur on April 16, 2026, for year one projects.