HomeMy WebLinkAboutAgenda - 06-11-2015 - Agenda ORANGE COUNTY BOARD OF COMMISSIONERS
AGENDA
BOCC Budget Work Session
June 11, 2015
7:00 p.m.
Southern Human Services Center
2501 Homestead Road, Chapel Hill, NC
7:00-7:30 1. FY2015-20 Capital Investment Plan
Accept the Five Year Capital Investment Plan and Approve the Intent
to Adopt Capital Funding for FY2015-16
7:30-9:00 2. FY2015-16 Annual Operating Budget Decision Items
• Mark Up/Mark Down Items for the County's Annual Operating
Budget and Outside Agencies
• Funding for Chapel Hill-Carrboro City Schools and Orange
County Schools
• Tax Rate Decisions
i. Ad Valorem Tax
ii. Chapel Hill Carrboro City Schools Special District
Tax
iii. Fire District Tax Rates
9:00-9:30 3. Break(to allow Finance and Administrative Services to formulate Draft
Resolution of Intent to Adopt FY 2015-16 Budget)
9:30-10:00 4. Resolution of Intent to Adopt FY 2015-16 Annual Operating Budget
• Approval of Resolution of Intent to Adopt FY 2015-16 Annual
Operating Budget at the Board of County Commissioners
Regular Meeting on June 16, 2015
Orange County Board of Commissioners' regular meetings and work sessions are available via
live streaming video at
http://www.oran eg coun, nc. og v/departments/board_of_county_commissioners/videos.php and
Orange County Gov-TV on channels 1301 or 97.6 (Time Warner Cable).
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: June 11, 2015
Action Agenda
Item No. 1
SUBJECT: FY2015-20 Capital Investment Plan - Accept the Five Year Capital Investment
Plan and Approve the Intent to Adopt Capital Funding for FY2015-16
DEPARTMENT: County Manager and Finance PUBLIC HEARING: (Y/N) No
and Administrative Services
ATTACHMENT(S): INFORMATION CONTACT:
Bonnie Hammersley, 919-245-2300
Paul Laughton, 919-245-2152
PURPOSE: FY2015-20 Capital Investment Plan - Accept the Five Year Capital Investment Plan
and Approve the Intent to Adopt Capital Funding for FY2015-16.
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 FY2015-20 CIP includes County Projects, School Projects, Proprietary Projects, and
Special Revenue Projects.
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.
FINANCIAL IMPACT: The Five Year Capital Investment Plan is a long-range financial planning
tool with a financial impact in FY2015-16, if the first year of the CIP is approved by the Board of
County Commissioners with the adoption of the Annual Operating Budget.
RECOMMENDATION(S): The Manager recommends that the Board accept the Five Year
Capital Investment Plan and Approve the Intent to Adopt Capital Funding for FY2015-16.
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: June 11, 2015
Action Agenda
Item No. 2
SUBJECT: FY 2015-16 Annual Operating Budget Decision Items
DEPARTMENT: County Manager and Finance PUBLIC HEARING: (Y/N) No
and Administrative Services
ATTACHMENT(S): INFORMATION CONTACT:
1. FY 2015-16 Budget Adoption Decision Bonnie Hammersley, (919) 245-2300
Points Paul Laughton, (919) 245-2152
PURPOSE: For the Board to review, discuss and make decisions regarding the FY2015-16
Manager's Recommended Orange County Annual Operating Budget and approve a Resolution
of Intent to Adopt the FY2015-16 Orange County Annual Operating Budget.
BACKGROUND: The County Manager released the FY2015-16 Recommended Budget on May
19, 2015. Subsequently, the Board has conducted two public hearings to receive residents'
comments regarding the proposed funding plan. In addition to the public hearings, the Board
heard presentations and held discussions with representatives of the County fire districts, the
local boards of education, representatives of the community college, the Sportsplex and County
department directors as related to the proposed funding plan for FY2015-16.
Tonight's Agenda
Tonight's work session offers the Board an opportunity to discuss the recommended budget. As
soon as these discussions are completed, the Board will deliberate and make decisions
regarding the FY2015-16 Annual Operating Budget. Attachment 1 identifies specific items the
Board would need to decide upon during tonight's work session. The Board is scheduled to
adopt the final FY2015-16 Annual Operating Budget for Orange County at its regular meeting
on June 16, 2015.
FINANCIAL IMPACT: To be determined as the Board finalizes the FY2015-16 Annual
Operating Budget.
RECOMMENDATION(S): The Manager recommends the Board make decisions regarding the
FY2015-16 Orange County Annual Operating Budget and approve a Resolution of Intent to
Adopt the FY2015-16 Orange County Annual Operating Budget.
Attachment 1
Orange County, NC FY 2015-16
Budget Adoption Decision Points
June 11, 2015
Decision Point 1 Mark Up/Mark Down Items for the County's FY 2015-16 Annual
Operating Budget and Outside Agencies
Decision Point 2 County Fee Schedule Decisions
Funding for Chapel Hill-Carrboro City Schools and Orange
County Schools
Decision Point 3 • Current Expense (Per Pupil) Funding
• Recurring Capital
• Long-Range Capital
• Fair Funding
Tax Rate Decisions
• Ad Valorem Tax Rate
Decision Point 4 • Chapel Hill-Carrboro City Schools Special District Tax
Rate
• Fire District Tax Rates