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HomeMy WebLinkAboutAgenda - 02-23-1979 AGENDA ITEM #!21 January 29, 1979 Memo To: S. M. Gattis From: Neal Evans Subject: Capital Improvements Program (CIP) Planning Process Attached are several documents which describe a CIP process for Orange County. These include: 1) a brief statement of what a CIP is; 2) a very simple form with policies and procedures for preparation and administration of the departmental requests; 3) a completed sample of #2; 4) a copy of the summary sheet for all projects; 5) a calendar for completion of the first year of the program. The format is very simple, but a lot of work needs to go into pro- ducing the information. In addition to the data. justifying the need for a particular project, cost determination (particularly for the next few years of the CIP) may require professional assistance from outside sources that will involve some up-front County funds. In future years these costs would be included in the total capital budget. The proposed format and calendar addresses primarily. the County without the schools internal process. It leaves open their internal pro- cess assuming that it will be readily adaptable to the County. It also suggests that a capital budget be completed a full month ahead of the time required by General Statutes. I personally feel there should be more on-going interaction with the schools so that WE! are dealing with the superintendents much as we would any agency head of the other agencies with boards that heavily influence the head's action. This is the primary question for board consideration: how do we interact with the schools at both the board and administrative levels? Other questions include: 1) Is the calendar adequate? a) Does the board want more interaction with manangement during the process? Reports? b) Does the board want to add a public hearing(s) before or during the process? It is not required. 2) Is the format adequate? a) Is there other information that decision makers would like? Our assumption is that everything on the forms will be adequately documented in staff files. b) Are the categories for inclusion in the CIP including equipment and dollar amounts satisfactory? c) Are the priority rankings appropriate for preliminary action at the staff level? THE CAPITAL IMPROVEMENTS PROGRAM Definition. A Capital Improvements Program (CIP) is a list of capital projects, or outlays, which a locality plans to make within a five or six-year period. The intent of such a program is to identify and rank capital expenditures for several years in an effort to provide for orderly replacement and development of facilities. Such a plan identifies projects, their costs and priorities, as well as means of financing and estimated operating expenditures. The CIP form itself divides each project into elements (e.g., planning and design, land acquisition, construction, etc.); and, distinguishes among different time periods (prior years' expenditures, current expenditures, and planning years one, two, three, etc.). See charts 1 and 2. Capital Projects. Factors which distinguish capital projects from operating expenditures, thus necessitating special budgeting and planning procedures, include the following: --the magnitude of the expenditure, which often requires special funding methods. --the fact that the effects of such projects usually extend far into the future. --the need to delineate between capital items, with both present and future benefits, and operating expenditures. --the fact that capital projects are frequently passed to following governing boards. Criteria for Determining Capital Projects. In sum, the four generally accepted criteria used to identify capital expenditures include: 1. Durability. The project is expected to yield benefits for several years. 2. Non-recurrence, or irregularity, of the expenditure. 3. Relatively large expense. 4. Acquisition of a fixed asset, in most cases. Funding Sources. Sources of financing capital projects consist of one or more of the following: local current revenues, bond financing, federal and state aid, capital reserves, benefit assessments, subdivision regulations, and lease- purchase agreements. Process. The CIP process is comprised of three stages. 1. Planning: Formulation of the CIP and revenue projections. 2. Budgeting: Project evaluation, financing, and authorization. 3. Implementation. Ir Priority Ranking. In developing a CIP, it is frequently necessary to rank order requests. While various cost/benefit analyses may be used to arrive at priority ranking, one generally accepted ranking scale is shown below. 1. Urgently needed for safety of persons and property. 2. Renovation or addition to improve an existing facility. 3. New facility to relieve existing, undesirable situation. 4. New facility to handle workload expansion in existing program. 5. New facility for new program or service. -2- Other criteria may include: degree of need, cost factor, official policy, and timing (for coordination with other projects). CAPITAL IMPROVEMENTS PROGRAM Policies & Procedures for Preparation & Administration I. General A. Definition and outlays,awhichrav locality rplans tolmakeswithinta of capital projects, five or six-year period. The intent of such a program is to identify an rank in importance capital expenditures for several years in an effort to provide for orderly rrerelatin nsuchdneedslandeprioritieslto�the funding P provides a means for 9 bodies' financial capabilities. B. Sco e. Projects to be included in the CIP are those which have a long ife1span (five or more years) and involve large dollar costs. Such . projects are represented by capital costs as distinct from operating, maintenance, or service costs. The following criteria should be used in determining whether a project should be included in the CIP: 1. $5,000uand have an expected facilities expectedlifehspan of ten minimum ten or more years. 2. Expansion or renovation of existing facilities requiring a minimum outlay of $5,000. 3 ofnateleastn325r,000aand havingpannexpectedilifenspanof expenditure 5or more years. 4. Purchase of developed or undeveloped land for use as a public facility. Note: In respect to Orange County Schools and Chapel Hill Schools, items to be included in the CIP are defined by General Statutes 115-100.6(f)1-3. II. Preparation of Requests General Procedure. Preparations of requests should generally procede as follows. 1. Department or agency reviews long-range capital needs, 'deciding which projects should be included in the requests during the next six years. Projects should then be ranked in priority. One generally accepted ranking scale is shown below. (a) Urgently needed for safety of persons or property. (b) Renovation or addition to improve an existing facility. (c) New facility to relieve existing, undesirable situation. (d) New facility to handle workload expansion of existing program. (e) New facility for new program or service. 2. Department prepares "Capital Request Worksheet" for each new project requested. Funding schedule should reflect actual -2- expenditures as opposed to time of contract. (1) "Project Description." Describe the nature of the project. (2) "Project Objectives." State objectives of project including number of clients to be served, area served, etc. (3) "Costing Method." Describe method used in arriving at total cost figs ure,e.g., 130.00/sq. ft. x total area." (4) "Justification for Funding Sc'hedule." Describe the rationale for th schedule of expenditures, e.g., "July-- architectural plan. (5) "Relationships to Other Projects and De artments." If this request is related to any VL.IICI existing or future project, briefly describe relationship. (6) "Operating Budget Impact." Estimate the impact this project would have on the operating budget. Briefly explain the method used for arriving at this estimate. (7) "Type of Project." Check category. (8) "Other Agency Interaction:" Briefly describe the requested to any other agency. (9) "Pro ect Priorit If more than one project is submitted, an in order o, priority. 3. Complete reverse side of project worksheet, showing schedule of expenditure by category. CAPITAL IMPROVEMENTS PROGRAM SUMMARY Orange County I Projected Cost By Year Total Project Project Prior Capital Number Title Years Cost Cost, Capital Budget 1980-81 1981-82 1982-83 1983-82 1984-85 F i. Total ORANGE COUNTY CAPITAL IMPROVEMENTS PLAN Department Capital Request Worksheet Date 1. Project Description 2. Project Objectives 3. Costing Method 4. Justification for Annual Funding Schedule Relationships to Other Projects or Departments 6. Operating Budget Impact Explain: 7. Type of Project Replacement Personnel � $. Expansion Maintenance $ New Utilities $ Other $ 8. Other Agency Interaction (Regulatory, Approvals, Funding Sources, Etc.) 9. Project Priority Submitted) by- No. of (Office Use) Estimated Prior Budget yr. Future Program Years Total COST BREAKDOWN Total Appropi- 1979- Cost Cost ations 1980 1980-1981 1981-1982 1982-1983 1983-1984 1984-1990 A. Land Acquisition B. Architect & Eng. C. Construction D. Equipment E. Legal & Admin. F. Contingency Total Cost Funding Sources Available Cash Future Approp. Bonds j Grants & Other I 1 ' Total Resources r 1 t �o j January 25, 1979 ORANGE COUNTY PROPOSED CIP CALENDAR 1978-79 DATE PARTICIPANTS ACCIVITY 2/5 Board of Commissioners & Presentation of CIP format for con- Staff sideration and approval 2/6 Finance Officer Distribution of Capital Project Forms to County Department Heads 2/ Commissioners and School Presentation of CIP format to School Board Members Board Members and discussion of pro- posed interaction 'during CIP process 2/ County Staff and School Development of administrative pro- Administrators cess for coordination with schools 3/30 Department Heads Completion of CIP requests and sub- mission to the Finance Officer •/30 Finance Officer Projection of estimated revenues and operation'budget reported to the County Manager 3/30 to 4/10 County Manager Meetings with Department.Heads to review CIP submissions 4/10 County Manager Completion of recommended CIP in- cluding project priority, cost, method of financing, and projected operating costs.for County portion of CIP 4/16 County Manager and School Administrators Integration of school capital pro- jects with County projects 4/23 County Manager Completion of integrated CIP with priorities recommended to Board of Commissioners for all projects 5/7 to 5/ Commissioners Review of CIP and tentative Board action / Commissioners pproval CIP 79-80 operating budget i