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HomeMy WebLinkAboutItem 1 - Discussion of Manager’s Recommended FY 2018-23 Capital Investment Plan ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 10, 2018 Action Agenda Item No. 1 SUBJECT: Discussion of Manager’s Recommended FY 2018-23 Capital Investment Plan (CIP) DEPARTMENT: County Manager and Finance and Administrative Services ATTACHMENT(S): INFORMATION CONTACT: Previously Provided Under Separate Cover – Also Available Online: Manager Recommended FY2018-23 County Capital Investment Plan http://www.orangecountync.gov/departme nts/finance_and_administrative_services.p hp Bonnie Hammersley, (919) 245- 2300 Travis Myren, (919) 245-2308 Gary Donaldson, (919) 245-2453 Paul Laughton, (919) 245-2152 PURPOSE: To discuss the Manager’s Recommended FY 2018-23 Capital Investment Plan. BACKGROUND: Each year, the County produces 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 2018-23 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. The CIP has been prepared anticipating moderate economic growth of approximately 2% in property tax growth and 4% in sales tax growth 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 focus mainly on County and Proprietary CIP projects. The Durham Technical Community College – Orange County Campus County Health Technology Building project, with planning funds beginning in FY 2021-22, will also be discussed. Discussion of the Schools CIP projects is scheduled for the April 24, 2018 Joint County/School Boards Meeting. CIP document page #’s are provided after each project, with funding recommended for FY 2018-19 within the following categories (consistent with the Manager’s CIP presentation on April 3, 2018): Continuation Funding (FY 2018-19): • Conservation Easements - $500,000 County share (page 60) • Detention Facility - $12,500,000 million (page 32) • Orange County Southern Branch Library - $5,625,000 (page 39) Policy Priorities (FY 2018-19): • Affordable Housing Bonds - $2,500,000 (page 29) • Sheriff’s Office Body Worn Cameras - $300,000 (page 52) • Community Centers - $100,000 (page 71) • Economic Development (Water and Sewer) - $145,000 (page 75) • EMS Substation with Solar Pilot - $1,500,000 (page 53) • Facility Accessibility, Safety and Security - $114,500 (page 33) • Orange County Public Transportation Bus Shelters - $125,000 (page 40) Parks, Open Space, and Trail Development (FY 2018-19): • Blackwood Farm Park - $1,795,000 (page 57) • Mountains to Sea Trail - $110,000 (page 65) Information Technology and Communications (FY 2018-19): • BOCC Technology Initiatives - $50,000 (page 49) • Information Technology Infrastructure - $450,000 (page 49) • Communication Systems Improvements(Sheriff replacement radios)- $505,000 (page 51) • Register of Deeds Automation - $80,000 (page 50) Building and Infrastructure Improvements (FY 2018-19): • Criminal Justice Resource Department - $275,000 (page 31) • Link Center Remodel - $50,000 (page 36) • Old Courthouse Square – Building/Grounds) - $20,000 (page 38) • HVAC Projects - $142,000 (page 35) • Roofing and Building Façade Projects - $369,800 (page 42) • Vehicle Replacements - $689,328 (page 45) Solid Waste Proprietary Projects (FY 2018-19): • Recycling and Sanitation Vehicles & Equipment - $1,155,387 (pages 80-81,86) • High Rock Road Waste & Recycling Center - $676,428 (page 82) Sportsplex Proprietary Projects (FY 2018-19): • Equipment, Repairs, and Improvements - $507,000 (pages 87-94) Discussion will also be directed to recommended Future Capital Projects in Years 2-5 of the CIP (FY 2019-20 through FY 2022-23); discussion and review of the Debt Service and Debt Capacity – General Fund (pages 174-176), the Water and Sewer Debt Service requirements paid with Article 46 Quarter Cent Sales Tax proceeds (page 177), and Debt Service requirements for Solid Waste (page 178) and Sportsplex (page 179). FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the FY 2018-23 Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY 2018-19, 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 2018-23 Capital Investment Plan and provide direction to staff.