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identified for FY 2014-15) <br /> Major Repairs and Renovations to Existing $5.8 <br /> Schools (ongoing needs) <br /> Total OCS Unfunded Projects $35.9 <br /> Next Steps <br /> •December 1, 2008 Regular Meeting <br /> .Opportunity for Commissioners to provide further direction that may follow the public hearing <br /> scheduled for November 18, 2008. <br /> •December 11, 2008 Regular Meeting <br /> .Commissioners adopt School and County 2009-19 CIP <br /> Document Availability <br /> •County Budget Office <br /> ■208 South Cameron Street, Hillsborough <br /> •County Website <br /> .www.co.orange.nc.us/budget <br /> •Local Libraries <br /> Commissioner Nelson said that he thinks that the full local impact of recession has not <br /> sunk in with the community yet and he asked the Manager to give an assessment of the $10 <br /> million budget shortfall and the $5 million that is missing or deferred. <br /> Laura Blackmon said that the expected costs next year will cause a shortfall of $10 <br /> million. These costs include a reduction of revenue from sales tax, reduction in growth, <br /> increased debt costs for facilities, new student costs for next year, increased costs of opening <br /> new facilities, estimate of implementing pay and classification plan, and property tax increases <br /> are going to be small. These are budget drivers. The other issue is the $5 million. Prior to the <br /> County moving to the MUNIS software program, there were some conversions and projects <br /> that had never been taken off the books because the budgeted revenue did not match the <br /> expenditures of the projects. There were also some expected grants that were not received <br /> and the transfers from the general fund did not take place. The estimate is $5 million for <br /> balancing the accounts. <br /> Commissioner Gordon pointed out the big-ticket item that the County will be leasing the <br /> old Wal-Mart facility for Human Services and in 2012 the County will have the option to <br /> purchase the facility. <br /> Chair Jacobs suggested that staff point out how much one penny on the tax dollar <br /> means. It was answered that one penny on the tax rate equals $1.3 million. He reiterated that <br /> the respective Boards of Education decide on the projects for the school systems. The County <br /> only provides a certain amount of money. <br /> Public Comment: <br /> Marty Mandell said that Lands Legacy and conservation easements used to be a <br /> separate line item and it is not in the CIP anymore. She asked what happened. She said that <br />