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HomeMy WebLinkAboutAgenda - 04-01-1996 - X-A 1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No X�A ACTION AGENDA ITEM ABSTRACT Meeting Date: April 1, 1996 SUBJECT: Presentation of 1996-2006 Capital Improvements Plan ----------------------------------------------------------------------- DEPARTMENT Budget PUBLIC HEARING YES NO x ------------------------------- BUDGET AMENDMENT REQUIRED YES NO x -------------------------------- ------------------------------- ATTACHMENT(S) INFORMATION CONTACT 1996-2006 Recommended CIP Sally Kost, x 2151 (under separate cover) TELEPHONE NUMBER Hillsborough 732-8181 Chapel Hill 968-4501 Mebane 227-2031 Durham 688-7331 ----------------------------------------------------------------------- PURPOSE: To receive the Manager' s Recommended Capital Improvements Plan for 1996-2006 . BACKGROUND: Each Spring, the Board of Commissioners reviews an updated Capital Improvements Plan (CIP) , which upon formal adoption each year in late June, budgets funds for the most pressing capital facilities and equipment needs of the County and the two school systems . Items typically included in the CIP are construction, refurbishment, or purchases of buildings; land acquisition or improvement; and major equipment acquisition and financing. The CIP process offers the opportunity for periodic, scheduled review of long- term capital needs, and permits timely acquisition and phased financing of major assets . For many years, the CIP was based on a five year planning horizon. For the past two review cycles, the planning period has covered the next ten years . The 10 year CIP horizon is consistent with the 10 year planning period required for the new school space that is to be financed, to a significant degree, by school impact fees . This has improved the County' s ability to plan for the financing of a number of new schools needed in the next few years due to substantial annual growth in the County' s student population. Staff will make a brief report on significant aspects of the proposed 1996-2006 CIP and respond to any Commissioner comments or questions . No decisions are required at this time, although it would be helpful if the Board can identify specific elements of the proposed CIP that the Board believes will require additional research or information. Staff envisions a public hearing and further discussion and deliberation during future Commissioners ' meetings in April and May 1996 . 2 RECOMMENDATION: The Manager recommends that the Board receive the recommended CIP as a report; identify elements of the CIP about which the Board needs additional information; and lay out its desired timetable for public hearing, additional discussion and deliberation, and preliminary approval of the 1996-2006 CIP (formal approval would come with the adoption of capital project ordinances at the June 26, 1996 regular Commissioners meeting) .