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HomeMy WebLinkAboutAgenda - 03-17-2009 - 6aORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 17, 2009 Action Agenda Item No. (~, ' Q SUBJECT: Approval of FY 2009-19 Recommended County Capital Investment Plan (CIP) DEPARTMENT: County Manager, Budget PUBLIC HEARING: (Y/N) No ATTACHMENT(S):To view the FY 2009- 19 County Capital Investment Plan (CIP) go to www.co.orange. nc. us/budget/2009- 19ManagerRecommendedClP.asp INFORMATION CONTACT: Laura Blackmon, (919) 245-2300 Donna Coffey, (919) 245-2151 PURPOSE: To consider approval of the FY 2009-19 Recommended County Capital Investment Plan (CIP). BACKGROUND: The County's Capital Investment Plan (CIP) is a comprehensive multi-year plan for investing in future County and Schools' capital needs in a strategic "big picture" manner. The CIP is considered a "living plan", meaning that each year staff and the Board can reassess needs identified in the previous year's plan to determine if future needs remain the same as those outlined in previously approved plans. If needs and priorities change from year-to-year the Board can make appropriate revisions to previously adopted/approved plans to accommodate new priorities and projects. The Recommended FY 2009-19 CIP presented to the Board on October 28, 2008 anticipates School and County long-range school and county capital needs. Commissioners and staff have discussed the FY 2009-19 Recommended CIP on a number of occasions. December 1, 2008 and March 5, 2009 Board agenda items responded to items "flagged" by the Board during earlier CIP related work sessions. The Manager recommends the Board adopt the FY 2009-19 CIP including adjustments identified on December 1, 2008 and March 5, 2009. Staff will prepare, for future Board approval, capital project ordinances to allocate FY 2009-10 monies to school and county projects. FINANCIAL IMPACT: Financial impacts are included in the FY 2009-19 CIP. RECOMMENDATION(S): The Manager recommends the Board of County Commissioners approve the FY 2009-19 Recommended County Capital Investment Plan (CIP).