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Home My WebLink AboutAgenda - 04-07-2016 - 2 - Discussion of Manager's Recommended FY 2016-21 Capital Investment Plan CIP 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 7, 2016 Action Agenda Item No. 2 SUBJECT: Discussion of Manager's Recommended FY 2016-21 Capital Investment Plan (CIP) DEPARTMENT: County Manager and Financial PUBLIC HEARING: (Y/N) No Services ATTACHMENT(S): INFORMATION CONTACT: Bonnie Hammersley, County Previously Provided Under Separate Manager, (919) 245-2300 Cover: Gary Donaldson, Financial Manager Recommended FY2016-21 Services, (919) 245-2453 County Capital Investment Plan Paul Laughton, Financial Services, (919) 245-2152 Available Electronically at: http://www.co.orange.nc.us/departments/f finance and administrative services.php PURPOSE: To discuss the Manager's Recommended FY 2016-21 Capital Investment Plan. 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. Approval of the CIP commits the County to the first year funding only of the capital projects; all other years are used as a planning tool and serves as a financial plan. Capital Investment Plan — Overview The FY 2016-21 CIP includes County Projects, School Projects, and Proprietary Projects. The School Projects include Chapel Hill Carrboro City Schools, Orange County Schools, and Durham Technical Community College — Orange County Campus projects. The Proprietary Projects include Water and Sewer, Solid Waste Enterprise Fund, and Sportsplex projects. 2 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. Tonight's discussion will be focused on CIP projects (CIP document page #'s are provided after each project) with funding recommended for FY 2016-17 within the following categories (consistent with the Manager's CIP presentation on March 29, 2016): Continuation Funding (FY 2016-17): • Southern Branch Library - $6.38 million (page 31) • Detention Facility - $500,000 (page 37) • Historic Rogers Road Sewer Project - $5.68 million (page 43) • Conservation Easements - $500,000 (page 59) Policy Priorities (FY 2016-17): • School Capital Improvements - $4T6 million (page 104) • Affordable Housing - $3.5 million (pages 47-48) • Community Centers - $35,000 (page 73) • Seymour Senior Center - $990,000 (page 29) • Economic Development (Water and Sewer) - $145,000 (pages 81 and 83) • Accessibility and Security Improvements - $190,000 (page 42) • EMS Substation Co-location - $500,000 (pages 53-54) Parks, Open Space, and Trail Development (FY 2016-17): • Blackwood Farm Park - $1.26 million (page 56) • Cedar Grove Park— Phase I I - $60,000 (page 58) • Mountains to Sea Trail - $521,000 (page 64) • Hollow Rock Nature Park (New Hope Preserve) - $235,000 (page 65) • River Park— Phase I I - $50,000 (page 67) • Little River Park— Phase I I - $100,000 (page 69) • Fairview Park Access and Parking Improvements - $325,000 (page 70) Information Technology and Communications (FY 2016-17): • Information Technology Infrastructure - $500,000 (page 35) • Technology Improvements - $500,000 (page 35) • Fiber Connections (Engineering Services) for County Facilities - $60,000 (page 35) • BOCC Technology Initiatives - $50,000 (page 35) • Communication Systems Improvements (EMS replacement radios) - $166,000 (page 52) Critical Infrastructure Improvements (FY 2016-17): • Hardened 911 Center - $980,000 (page 55) • Southern Human Services Center (Design Services) - $300,000 (page 30) • Facility Roofing Projects - $206,700 (page 34) • Historic Courthouse Square - $40,000 (page 45) • Generator Projects - $375,000 (page 46) Discussion will also be directed to recommended Future Capital Projects in Years 2-5 of the CIP (FY 2017-18 through FY 2020-21); discussion and review of the Debt Service and Debt 3 Capacity — General Fund (page 141), as well as the Water and Sewer Debt Service requirements paid with Article 46 Quarter Cent Sales Tax proceeds (page 142). FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the FY 2016-21 Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY 2016-17, if the first year of the CIP is approved by the Board of County Commissioners with the adoption of the Annual Budget. SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal Impact associated with discussion of this item. RECOMMENDATION(S): The Manager recommends the Board review and discuss the Manager's Recommended FY 2016-21 Capital Investment Plan and provide direction to staff.