Orange County NC Website
Orange County <br /> Board of County Commissioners <br /> Action Agenda <br /> Action Agenda Item Abstract Item No <br /> Meeting Date: August 20, 1996 <br /> Subject: Budget Amendment# 1 <br /> Department Public Hearing Yes Nom_ <br /> Budget Office Budget Amendment <br /> Needed Yes No X <br /> Attachment(s) Information Contact <br /> Memo from Grace Holton, Finance Sally Kost ext. 2151 <br /> Director, Chapel Hill/Carrboro Telephone and Extension Number <br /> City Schools Hillsborough 732-8181 <br /> Propsed Revised Capital Chapel Hill 968-4501 <br /> Project Ordinance for McDougle Durham 688-7331 <br /> Elementary School Mebane 227-2031 <br /> Purpose <br /> To consider a capital project amendment for the Chapel Hill/Carrboro City Schools for <br /> McDougle Elementary School. <br /> Background <br /> In North Carolina, Public Schools must pay both State and Local Sales tax. Unlike <br /> State, County and Municipal governments, Public Schools are not able to file for <br /> reimbursement of these taxes. <br /> However, because the County is the legal owner of the McDougle Elementary School, <br /> the County can file for sales tax reimbursement for purchases related to the construction <br /> and f umishing of this facility. The Finance Director for the Chapel Hill/Carrboro City <br /> Schools has maintained the required records to allow the County to submit$146,849 in <br /> sales tax paid for reimbursement. Of this amount, $126,966 is sales tax paid to the <br /> State and other local governments other than Orange County. <br /> The Chapel Hill/Carrboro City School System has requested that these funds be <br /> allocated to McDougle Elementary School to pay for unanticipated expenditures related <br /> to site preparation and the amount of rock on the property. The total amount needed is <br /> $175,000. The Schools anticipate that there will be additional sales tax reimbursement <br /> as the project is completed. When the actual amount of these additional <br /> reimbursements are known, the Schools will ask the Board to appropriate the additional <br /> funds so that a total of$175,000 is added to the McDougle Elementary School project. <br /> Recommendation <br /> The Manager recommends that the Board of Commissioners approve the attached <br /> capital project ordinance, which adds $126,967 from sales tax reimbursements to the <br /> McDougle Elementary School project. <br />