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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 11, 2008 <br />Action Agenda <br />Item No. <br />SUBJECT: Approval of FY 2009-19 Orange County, Chapel Hill Carrboro City Schools and <br />Orange County Schools Capital Investment Plan (CIP) <br />DEPARTMENT: Budget <br />PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />To view the FY 2009-19 County Capital <br />Investment Plan (CIP) go to <br />www.co.orange. nc. us/budget/2009- <br />19ManagerRecommendedCl P.asp <br />INFORMATION CONTACT: <br />Donna Coffey, (919) 245-2151 <br />PURPOSE: To consider approval of the FY 2009-19 recommended County, Chapel Hill <br />Carrboro City Schools and Orange County Schools Capital Investment Plan (CIP). <br />BACKGROUND: On December 1, 2008, Commissioners received a report regarding the <br />recommended 2009-19 County CIP. As identified in the December 1 agenda abstract, there are <br />a number of decision points for the Board's consideration during tonight's meeting: <br />• Whether to implement a 1-cent tax rate increase, effective July 1, 2009, to fund county <br />facilities capital maintenance <br />• Consideration of recommended funding alternative for stabilization of buildings at <br />Blackwood Farm at New Hope Park and Millhouse Road Park <br />Whether to appropriate $1.2 million in Emergency Service Reserve for Emergency <br />Services needs or to retain monies in reserve pending outcome of upcoming Fire and <br />Rescue Study <br />• Timeline for completing Link Center Renovations <br />The County's Capital Investment Plan (CIP) is a comprehensive multi-year plan for investing in <br />future County and Schools' capital needs in a strategic, "big picture" manner. The CIP is <br />considered a "living plan", meaning that each year, staff and the Board can reassess needs <br />identified in the previous year's plan to determine if future needs remain the same as those <br />outlined in previously approved plans. If needs and priorities change from year-to-year, the <br />Board can make appropriate revisions to previously adopted/approved plans to accommodate <br />new priorities and projects. <br />FINANCIAL IMPACT: Financial impacts are included in the FY 2009-19 CIP. <br />