HomeMy WebLinkAboutAgenda - 06-12-2012 - 1 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: June 12, 2012
Action Agenda
Item No. 1
SUBJECT: Accept and Approve the Five-Year Capital Investment Plan and Adopt the Capital
Project budget of$6,666,950 for the FY 2012-13 County Capital Projects Fund.
DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y/N) No
Services
ATTACHMENT(S): INFORMATION CONTACT:
1. County Capital Recommended Frank Clifton 919-245-2306
Projects CIP FY2012-13 Clarence Grier 919-245-2453
Paul Laughton 919-245-2152
PURPOSE: To accept and approve the FY2012-17 Orange County Five-Year Capital
Investment Plan and adopt the capita project budget of$6,666,950 for the FY 2012-13 County
Capital Projects Fund.
BACKGROUND: For over 20 years, the County has produced a Capital Investment Plan (CIP)
that establishes a budget planning guide related to capital needs for the County as well as
Schools. The current CIP consists of a 5-year plan that is evaluated annually to include year-to-
year changes in priorities, needs, and available resources.
Capital Investment Plan — Overview
The FY 2012-17 CIP includes County Projects, School Projects, Proprietary Projects, and
Special Revenue Projects. The Special Revenue Projects are a new addition in the FY 2012-17
CIP, and includes Economic Development and School related projects funded from the Article
46 (1/4 cent) Sales Tax proceeds. The Article 46 Sales Tax was approved by the voters in the
November 2011 election, and became effective April 1, 2012.
The CIP has been prepared anticipating continued slow economic growth of between 1-2%
annually over the next five years. Many of the projects in the CIP will rely on debt financing to
fund the projects. A Debt Service and Debt Capacity spreadsheet is included in the Appendices
section of the document detailing this planned debt.
Additionally, during FY 2012-13 the County should pursue a review and update of its facility
needs. Several costly maintenance related projects are planned for a few of the County's older
facilities. A thorough analysis is needed of whether these maintenance projects should be
pursued or whether the funding for these items would better serve County needs being allocated
toward new facilities.
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Attachment 1 list County Capital projects totaling $6,666,950 that are recommended to be
funded in FY 2012-13. Funding in FY 2012-13 for the Schools are detailed in the Education
section of the FY 2012-13 Annual Operating Budget. A detailed list of Pay-As-You-Go School
Capital Project Ordinances will be presented to the Board of County Commissioners at their
August 21, 2012 regular meeting, as part of the fiscal year's first budget amendment.
FINANCIAL IMPACT: A capital project budget of $6,666,950 for FY 2012-13 for the County
Capital Projects fund and the debt financing of$4,557,450 as listed on Attachment 1.
RECOMMENDATION(S): The Manager recommends that the Board accept and approve the
2012-17 Orange County Five-Year Capital Investment Plan and adopt the capital project budget
of$6,666,950 for FY 2012-13 County Capital Projects Fund.
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County Capital Recommended Projects
Capital Investment Plan FY 2012-13
The following County Capital projects are recommended for fiscal year 2012-13. The Board will consider approval
of the Five-Year 2012-17 Capital Investment Plan separately.
Recommended
Funding Source Funding
FY 2012-13
Transfer from General Fund $ 500,000
Transfer from County Capital Reserve $ 50,000
Transfer from County Capital Projects $ 623,000
Available Project Balance $ 450,000
Register of Deeds Fees $ 75,000
9-1-1 Funds $ 100,000
Contributions from Other Infrastructure Partners $ 311,500
Debt Financing County Capital $ 4,557,450
Total Funding Sources $ 6,666,950
Recommended
Projects Funding
FY 2012-13
Emergency Services 510 Meadowlands $ 37,500
Northern Human Services Center $ 250,000
Seymour Senior Center $ 70,000
Southern Orange Campus (Future Planning) $ 300,000
Southwest Branch Library $ 50,000
Upfit of Link Government Services Center $ 25,000
HVAC Projects-Geothermal $ 1,759,200
Roofing Projects $ 165,000,
Affordable Housing $ 170,000
Information Technology $ 950,000
Register of Deeds Automation $ 75,000
Whitted Building $ 295,000
Energy Bank $ 50,000
Viper Radio System $ 543,750
Communications System Improvements $ 292,000
Future EMS Stations $ 50,000
Blackwood Farm Park $ 50,000
Twin Creeks Park Campus Phase ll $ 600,000
Joint Artificial Turf Soccer Fields-Town of Chapel Hill $ 934,500
Total Projects $ 6,666,950