Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 7, 2020 <br /> Action Agenda <br /> Item No. 6-c <br /> SUBJECT: Presentation of Manager's Recommended FY 2020-25 Capital Investment Plan <br /> (CIP) <br /> DEPARTMENT: County Manager and Finance and <br /> Administrative Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Bonnie Hammersley, County Manager, <br /> UNDER SEPARATE COVER (919) 245-2300 <br /> Attachment 1. County Manager's CIP Travis Myren, Deputy County Manager, <br /> Transmittal Letter (919) 245-2308 <br /> Attachment 2. FY 2020-25 Capital Gary Donaldson, Financial Services, <br /> Investment Plan (919) 245-2453 <br /> Presentation Paul Laughton, Financial Services, <br /> Attachment 3. Manager Recommended (919) 245-2152 <br /> FY 2020-25 Capital <br /> Investment Plan <br /> All Attachments To Be Provided Prior <br /> to or in Coniunction with the Meetin_g <br /> and also Available Electronically at: <br /> <br /> px?AMID=57 <br /> PURPOSE: To receive the Manager's Recommended FY 2020-25 Capital Investment Plan <br /> (CIP). <br /> BACKGROUND: Each year, the County produces a Capital Investment Plan (CIP) that <br /> establishes a budget planning guide related to capital needs for the County as well as Schools. <br /> The current CIP consists of a 5-year plan that is evaluated annually to include year-to-year <br /> changes in priorities, needs, and available resources. Approval of the CIP commits the County <br /> to the first year funding only of the capital projects; all other years are used as a planning tool <br /> and serves as a financial plan. <br /> Capital Investment Plan — Overview <br /> The FY 2020-25 CIP includes County Projects, School Projects, and Proprietary Projects. The <br /> School Projects include Chapel Hill-Carrboro City Schools, Orange County Schools, and <br /> Durham Technical Community College — Orange County Campus projects. The Proprietary <br /> Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. <br />