Loading...
HomeMy WebLinkAbout1995-2000 Capital Improvements Plan 1995-2000 Capital Improvements Plan • Annual update to existing five year plan • Capital Needs beyond traditional five year period also identified • Many of projects familiar to Board, although some changes are being proposed CIP 1995- 2000 Funding Assumptions • Sales Tax Funds will Increase 5% in Future Years • Sales Tax Revenue and Impact Fees will pay private placement costs for an elementary school in each district CIP 1995 - 2000 Annual Appropriations FY 1996 Through 2000 Millions $20.0 $16.3 $15.0 . . . . . . ©School Impact Fees School Bonds/Prv.Plac. $10.0 .. . . .. . School PAYG $5.7 $6.4 $6.4 $6.5 County PAYG $5.0 $0.0 96 97 98 99 00 Highlights • Provides for reallocated funding for CHCCS new high and elementary schools • Funding for additional Courtroom • Various Automation Projects, including: • Sheriff's Records System • Human Services - Master Client Index • Register of Deeds - Optical Imaging • Upgrades and Network Development CIP 1995 - 2000 Education School System Plan • CHCCS High School $22 Million in Bond Funds supplemented by nearly $800,000 in PAYG by reallocation of future projects and revised sales tax projections • CHCCS Elementary School nearly $1 Million Shortfall being made up primarily from reducing scope of the Phase II of Current High School project CIP 1995- 2000 Education • The Schools identified $61 million unfunded for new classroom space through 10 year period • This includes: CHCCS *Addition to new High School - 2001 • New Middle School - 2000 • New Elementary School - 2000 OCS • New Elementary School - 2002 • No other unfunded capital needs were identified by the Schools CIP 1995 - 2000 County Projects Triangle Sportsplex • Unique public/private partnership • County's commitment is $400,000 for 10 years • Scheduled to open within one month CIP 1995 - 2000 County Projects New Courthouse • Additional Courtroom • Exterior Painting/Carpet Replacement • New Chiller CIP 1995- 2000 County Projects Southern Human Services • Project Ready to Bid This Year • Construction Scheduled to Begin Late 1995 CIP 1995- 2000 County Projects Future Needs • Joint Planning for Recreation • Master Plan for Southern Human Services site • Criminal Justice Facility Study Group, Reports in Spring 1995 CIP 1995- 2000 Major Capital Challenges 1995 - 2005 2005 • Funding School Facilities to Meet Enrollment Growth • Court Facilities/Law Enforcement CIP 1995- 2000 Conclusions • Plan continues to explore funding sources and creative approaches to providing facilities for citizens • Public Hearing - March 21 at OWASA • Worksession - March 30 Government Services Center, Hillsborough CIP 1995 - 2000