HomeMy WebLinkAboutAgenda - 04-02-2002 - 7a ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: April 2, 2002
Action Agenda
Item No. 7
SUBJECT: 2002-12 Capital Investment Plan (CIP) Public Hearing
DEPARTMENT: Budget PUBLIC HEARING: (Y/N) Yes
ATTACHMENT(S): INFORMATION CONTACT:
Donna Dean, Budget Director, 245-
Summary of CIP by Fiscal Year and 2151
Function
TELEPHONE NUMBERS:
Hillsborough 732-8181
Chapel Hill 968-4501
Durham 688-7331
Mebane 336-227-2031
PURPOSE: To conduct a public hearing to receive citizen comments regarding the County
Manager's Recommended 2002-12 Capital Investment Plan (CIP).
BACKGROUND: At the March 18, 2002 Board of County Commissioner work session, staff
presented the County Manager's Recommended 2002-12 Capital Investment Plan (CIP). A
summary of the $278.5 million plan is included as an attachment to this abstract. Copies of the
proposed CIP are available at the following locations:
• Orange County Budget Office, Government Services Center Annex, 208 South Cameron
Street, Hillsborough
• Clerk to the County Commissioners, Government Services Center, 200 South Cameron
Street, Hillsborough
• Orange County Public Library, Whiffed Human Services Center, 300 East Tryon Street,
Hillsborough
• Orange County Public Library Branch, 900 Old Fayetteville Road, Chapel Hill (located inside
of McDougle Middle School)
• Chapel Hill Public Library, 100 Library Drive, Chapel Hill
• Via the Internet at http://www.co.orange.nc.us/budaet/index.htm (beginning Monday, April 1,
2002)
At the March 18 meeting, the Board established April 2, 2002 as the date of a public hearing
regarding the proposed long-range capital funding plan. It is important to note that spring break
for both the Orange County Schools and the Chapel Hill Carrboro City Schools runs from April 1
through April 5, 2002. This being the case, the Board may also wish to conduct a second public
hearing related to the recommended CIP at the April 16, 2002 Commissioners meeting.
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During the public hearings, staff will provide a brief presentation highlighting major components
of the proposed long-range capital plan. Following the public comment period, staff will be
available to respond to citizen and Commissioner comments or questions. Further discussion
and adoption of the 2002-12 CIP are tentatively scheduled for Board of Commissioners' work
sessions in April, May and June 2002.
FINANCIAL IMPACT: There is no financial impact associated with conducting the CIP public
hearing. As indicated earlier in this abstract, the long range capital plan totals $278.5 million
with funding coming from a variety of revenue sources (examples include 2001 voter approved
bonds, alternative financing methods such as loans, School Construction Impact Fees, Y2 Cent
Sales Taxes).
RECOMMENDATION(S): The Manager recommends that the Board conduct the public
hearing for the County's 2002-12 Capital Investment Plan (CIP) and set an additional public
hearing on the plan for April 16, 2002.
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County and School Capital Projects Summary
Project Funds
6130102 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009.10 2010.11 2011-12 Total
Education 63,947,880 10,203,525 11,716,099 24,015,415 17,693,859 7,794,101 9,722,572 10,081,857 7,413,484 6,742,965 8,870,618 178,202,375
Public Buildings and 2,548,060 8,592,000 4,750,000 10,137,500 1,976,875 6,068,219 6,661,630 1,907,211 3,705,072 4,155,325 4,558,000 55,059,882
Equipment
Public Safety 950,000 0 0 6,000,000 0 0 200,000 900,000 0 0 0 8,050,000
Public Works 139,150 0 0 0 0 0 0 0 0 0 0 139,150
Recreation and 2,900,000 4,662,000 8,600,000 7,715,000 5,480,000 1,900,000 900,000 900,000 900,000 900,000 900,000 35,757,000
Parks
Water,Land and 100,000 0 1,200,000 0 0 0 0 0 0 0 0 1,300,000
Sewer
Total Project Costs 70,585,080 23,457,525 26,266,099 47,867,915 25,150,734 15,762,320 17,484,202 13,789,068 12,018,556 11,798,290 14,328,618 278,508,407
County and School Project Funding
Project Funds
W30102 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 201041 2011.12 Total
Total Pay-As-You-Go 24,583,635 9,784,525 7,816,099 11,377,915 7,345,734 8,562,320 9,534,202 10,089,068 12,018,558 11,798,290 14,328,618 127,218,952
Funds
Bond Funds
1997 Bonds 17,070,983 485,000 2,000,000 795,000 0 0 0 0 0 0 0 20,350,983
2001 Bonds 12,800,000 6,450,000 15,950,000 19,545,000 17,805,000 2,450,000 0 0 0 0 0 75,000,000
2l3 Net Debt Bonds 0 2,846,000 0 0 0 0 0 0 0 0 0 2,846,000
Total Bond Funds 29,870,983 9,781,000 17,950,000 20,340,000 17,805,000 2,450,000 0 0 0 0 0 98,196,983
Alternative Financing 13,788,000 3,650,000 500,000 15,200,000 0 4,750,000 7,950,000 3,700,000 0 0 0 49,538,000
Grant Funds 0 262,000 0 0 0 0 0 0 0 0 0 2620,00
Fees 0 0 0 0 0 0 0 0 0 0 0 0
Other 2,342,462 0 0 950,000 0 0 0 0 0 0 0 3,282,462
Total Project Funding 70,585,080 23,157,525 26,266,099 47,867,915 25,150,734 15,762,320 17,484,202 13,789,068 12,018,556 11,798,290 14,328,618 278,508,407