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HomeMy WebLinkAboutAgenda - 04-16-2002 - 7b 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 16, 2002 Action Agenda Item No. SUBJECT: 2002-12 Capital Investment Plan (CIP) Public Hearin 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 $276.9 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.ne.us/budget/index.htm The Board conducted a public hearing on April 2, 2002 with four individuals making comment. At that meeting, the Commissioners indicated their desire to conduct a second public hearing on April 16 in light of the fact that spring break for both the Orange County Schools and the Chapel Hill Carrboro City Schools ran from April 1 through April 5, 2002. Staff has submitted requests for the Chapel Hill Herald and the Chapel Hill News to run display ads of the April 16 public hearing in addition to the press releases provided on the County's web site. 2 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 Commissioner work sessions in April, May and June 2002. FINANCIAL IMPACT: There is no financial impact of conducting the CIP public hearing. As indicated earlier in this abstract, the long range capital plan totals $276.9 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, '/2 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). w 3 County and School Capital Projects Summary Project Funds 6/30/02 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 17,893,859 7,794,101 9,722,572 10,081,857 7,413,484 6,742,965 8,870,618 178,202,375 Public Buildings and Equipment 2,548,050 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 Public Safety 950,000 0 0 6,000,000 0 0 200,000 900,000 0 0 0 6,050,000 Public Works 139,150 0 0 0 0 0 0 0 0 0 0 139,150 On and Parks 00 2 900.0 4,682,000 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 Sewer 100 000 0 1,200,000 0 0 0 0 0 0 0 0 1,300,000 Total Project Costs 70,585,060 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 14,328,618 278,506,407 County and School Project Funding Project Funds 6/30/02 2002-03 2003.04 2004-05 2005-06 200647 2007-06 2008-09 200940 2010.11 2011.12 Total Total Pay-As-You-Go Funds 24,583,635 9,764,525 7,816,099 11,377,915 7,345,734 8,562,320 9,534,202 10,089,068 12,018,556 11,798,290 14,328,618 127,218,962 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 75,000,000 213 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 0 262,000 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 9,292,462 Total Project Funding 70,585,050 23,457,525 26,266,099 47,867 915 25150,734 15,762,320 17,484,202 13,789,068 12,018,556 11,798,290 14,328,618 276,508,407