Loading...
HomeMy WebLinkAboutAgenda 04-09-24; 1 - Discussion of Manager's Recommended FY 2024-34 Capital Investment Plan (CIP) 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 9, 2024 Action Agenda Item No. 1 SUBJECT: Discussion of Manager's Recommended FY 2024-34 Capital Investment Plan (CIP) DEPARTMENT: County Manager ATTACHMENT(S): INFORMATION CONTACT: Attachment A: Overall CIP Summary, Bonnie Hammersley, (919) 245-2300 County CIP Projects Travis Myren, (919) 245-2308 Summary, and Proprietary Kirk Vaughn, (919) 245-2153 CIP Projects Summary Previously Provided Under Separate Cover— Also Available Online: Manager Recommended FY2024-34 County Capital Investment Plan https://www.orangecountVnc.gov/budget PURPOSE: To discuss the Manager's Recommended FY 2024-34 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 and Schools. The 10- Year CIP 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 2024-34 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 ten years. The CIP will rely substantially on debt financing to fund the projects and these required debt amounts are fully integrated in the County's Long-Term Debt Model (page 40 provides a bar chart of the ten year funding plan). The meeting discussion will focus on County and Proprietary CIP projects. Note: Page numbers are referenced below as they appear in the CIP document. See Attachment A for the Overall CIP 2 Summary (page 36), County CIP Projects Summary (page 48), and the Proprietary CIP Summaries (page 123). Discussion of the Schools CIP projects is scheduled for the May 16, 2024 Budget Work Session. Discussion at this meeting will also be directed to the Debt Service and Debt Capacity — General Fund (page 171), the Water and Sewer Debt Service requirements paid with Article 46 Quarter Cent Sales Tax proceeds (page 172), and Debt Service requirements for Solid Waste (page 173) and Sportsplex (page 174). FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the FY 2024-34 Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY 2024-25, 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. ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal impacts associated with discussion of this item. RECOMMENDATION(S): The Manager recommends the Board review and discuss the Manager's Recommended FY 2024-34 Capital Investment Plan and provide direction to staff. 3 Orange County Capital Investment Plan- Plan Summary- RECOMMEND Fiscal Years 2024-34 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 Total County 28,888,432 16,203,477 52,417,406 22,444,505 83,291,595 27,644,454 30,313,384 26,441,035 32,620,431 10,277,520 19,349,194 321,003,001 Proprietary Solid Waste 2,556,025 2,138,979 2,903,961 6,925,453 954,474 211,523 3,022,965 1,346,815 2,244,340 3,171,492 399,183 23,319,185 Sportsplex 1,000,000 325,000 1,740,000 570,000 230,000 155,000 230,000 105,000 300,000 156,000 375,000 4,186,000 Water&Sewer Utilities 500,000 500,000 Proprietary Total 3,556,025 2,963,979 4,643,961 7,495,453 1,184,474 366,523 3,252,965 1,451,815 2,544,340 3,327,492 774,183 28,005,185 School Bond Referendum 10,000,000 110,000,000 10,000,000 110,000,000 10,000,000 10,000,000 110,000,000 10,000,000 10,000,000 390,000,000 Chapel Hill-Carrboro City Schools 10,791,610 16,219,766 16,317,932 7,488,576 7,664,262 7,845,153 8,031,423 8,223,247 8,420,811 8,624,307 8,833,931 97,669,408 Orange County Schools 4,700,633 16,065,305 5,047,773 5,162,873 5,281,305 5,403,180 5,528,607 5,657,705 5,790,593 5,927,393 6,068,235 65,932,969 Durham Tech Community College 10,500,000 School Total 25,992,243 32,285,071 31,365,705 122,651,449 22,945,567 123,248,333 23,560,030 23,880,952 124,211,404 24,551,700 24,902,166 553,602,377 Appropriations Total 58,436,700 51,452,527 88,427,072 152,591,407 107,421,636 151,259,310 57,126,379 51,773,802 159,376,175 38,156,712 45,025,543 902,610,563 Revenues/Funding Sources Article 46 Sales Tax Proceeds 2,766,048 3,695,999 3,323,839 3,509,313 4,407,157 4,005,919 3,945,266 4,111,330 4,386,054 4,617,268 4,614,636 40,616,781 Contributions from Other Infrastructure Partners 230,000 2,070,000 50,000 15,000 98,000 2,463,000 Debt Financing 24,031,260 14,515,324 48,390,253 16,007,985 69,642,530 23,085,403 25,999,541 21,533,665 17,198,096 4,292,200 13,041,464 253,706,461 Debt Financing-Bond Proceeds 100,000,000 100,000,000 100,000,000 300,000,000 Debt Financing-Durham Tech 10,500,000 Debt Financing-School Improvements 8,642,860 24,626,718 13,518,312 4,608,678 4,700,852 4,794,869 4,890,766 4,988,581 5,088,353 5,190,120 5,293,922 77,701,171 Debt Financing-Solid Waste 1,495,002 1,181,869 2,028,238 5,983,864 1,977,783 1,092,486 2,374,906 14,639,146 Debt Financing-Sportsplex 900,000 220,000 1,615,000 565,000 180,000 25,000 230,000 50,000 175,000 240,000 3,300,000 Grant Funding 100,000 500,000 500,000 Lottery Proceeds 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 1,402,354 14,023,540 Medicaid Maximization Funds 10,000,000 10,000,000 NCDEQ Reimbursment Fund 3,000,000 Partner Funding-County Capital 9,000 9,000 168,000 1,584,000 9,606,973 9,000 9,000 9,000 9,000 9,000 9,000 11,421,973 Register of Deeds Fees 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Solid Waste Funds 1,061,023 957,110 875,723 941,589 954,474 211,523 1,045,182 1,346,815 1,151,854 796,586 399,183 8,680,039 Sportsplex Funds 100,000 105,000 125,000 5,000 50,000 130,000 55,000 125,000 156,000 135,000 886,000 Transfer from Cardinal Reserve 1,400,000 1,400,000 Transfer from General Fund 4,349,153 4,659,153 15,270,353 15,833,624 16,397,296 16,965,242 17,531,487 18,099,057 18,667,978 19,238,278 19,809,984 1 162,472,452 Revenues/Funding Sources Total 58,436,700 51,452,527 88,427,072 152,591,407 107,421,636 151,259,310 57,126,379 51,773,802 159,376,175 38,156,712 45,025,543 1 902,610,563 4 County Capital Projects Summary- RECOMMEND Fiscal Years 2024-34 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 30 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 Total Affordable Housing 5,000,000 5,000,000 5,000,000 5,000,000 15,000,000 Asset Management Services Administration Facility 3,641,385 3,641,385 Behavioral Health Crisis Diversion Facility 2,047,155 1,100,000 22,656,195 23,756,195 Bingham Park 391,936 391,936 Blackwood Farm Park 775,000 100,000 100,000 Board of Elections Storage 296,000 296,000 Cedar Grove Community Center 422,000 216,000 2,419,200 161,685 2,796,885 Cedar Grove Park,Phase II 95,052 95,052 Climate Change Mitigation Project 564,085 576,169 869,086 886,954 905,194 923,816 1,030,756 1,051,923 1,073,530 1,095,588 1,118,074 9,531,090 Communication System Improvements 220,500 50,000 50,000 Community Resilience Hubs 212,000 212,000 212,000 212,000 848,000 Conservation Easements 500,000 500,000 500,000 500,000 500,000 2,500,000 County Recreation Center 2,080,902 19,549,801 21,630,703 Courtroom Audio Visual Upgrades 60,000 60,000 Deconstruction of old Central Recreation Building 1,095,784 1,095,784 Efland-Cheeks Community Center 150,000 150,000 Electrical Upgrades 56,232 291,344 434,537 627,500 983,716 2,627,600 721,396 2,060,943 1,965,205 667,180 455,658 10,835,079 Emergency Services Headquarters 2,805,957 30,765,527 33,571,484 Emergency Services Renewal&Replacement 200,000 593,205 505,800 392,135 235,500 282,150 262,220 2,232,762 354,000 364,620 375,559 5,597,951 Emergency Services Substations 3,600,000 390,000 4,000,000 7,990,000 Facades 472,650 210,285 148,150 14,300 100,800 63,878 24,500 2,794,000 991,600 59,440 4,406,953 Facility Accessibility,Safety and Security Improvements 40,300 318,886 243,264 244,986 34,200 489,772 312,286 234,886 560,410 39,700 132,432 2,610,822 Fairview Park Improvements 522,500 178,153 1,781,530 1,959,683 Fairview Park Mitigation 3,000,000 Fire Alarm,Fire Suppression System Replacements 464,560 1,079,600 1,100,228 71,000 162,874 883,000 170,300 132,508 63,375 300,512 664,909 4,628,306 Fleet Services Inventory Shop and Equipment 120,000 Fuel Station-Pump,Tanks&Tank Monitoring Replacement 53,240 222,200 222,200 Generator Projects 1,116,500 235,400 71,500 277,200 584,100 Historic Courthouse Square-Building and Grounds Improvements 770,000 770,000 Hollow Rock Nature Park(New Hope Preserve) 30,000 196,000 226,000 HVAC Projects 3,428,592 255,509 565,474 400,180 482,110 798,528 533,170 554,895 2,019,447 50,000 351,730 6,011,043 Information Technologies Governance Council Initiatives 500,000 500,000 500,000 500,000 500,000 500,000 2,500,000 Information Technologies Infrastructure 837,377 882,000 843,330 879,810 960,580 920,110 920,000 930,000 940,000 950,000 960,000 9,185,830 Interior Finish Replacements 300,080 270,100 152,000 54,900 314,739 19,240 420,000 797,086 2,007,377 4,035,442 Justice System Space Needs&Improvements 14,860,028 619,205 15,479,233 Lake Orange-Dam Rehabilitation 2,350,000 275,000 3,275,000 3,550,000 Lands Legacy Program 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 2,000,000 Little River Park,Phase II 100,000 100,000 Millhouse Road Park 345,000 3,105,000 3,450,000 Mountains to Sea Trail 100,000 693,000 693,000 Neuse River(Falls Lake)Rules-Nutrient Management 175,000 175,000 175,000 175,000 175,000 700,000 5 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 Total Northeast District Park 277,265 277,265 Orange County Bidirectional Antenna(BDA)Upgrade 1,536,000 800,000 800,000 Parking Lot Improvements 46,500 533,742 221,029 30,000 50,350 42,920 30,000 146,328 30,000 214,800 19,404 1,318,573 Parks and Recreation Facility Renovations,Repairs,and Safety Iml 180,000 255,400 260,962 216,691 222,592 228,670 234,930 241,378 248,019 254,860 261,903 2,425,405 Passmore Center Renovation 175,000 175,000 Perry Hills MiniPark 80,000 Piedmont Food Processing Center-Building Improvements 19,019 52,520 812,092 267,051 56,843 67,370 180,335 243,320 65,730 1,745,261 Plumbing Repairs 43,760 212,155 27,900 224,225 2,362,545 42,250 29,610 37,200 10,300 13,626 697,141 3,656,952 Public EV Chargers 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 500,000 Public Safety Software Enhancements 1,925,252 2,800,000 2,800,000 Register of Deeds Automation 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Rogers Road Community Center 265,000 2,625,000 2,890,000 Roofing 85,000 55,000 221,710 200,000 755,256 1,571,862 215,633 1,694,825 388,125 187,000 1,618,777 6,908,188 Soccer.com Soccer Center,Phase II 360,000 3,600,000 3,960,000 Solar Photovoltaic Systems 779,559 126,843 1,529,410 2,435,812 Southern Human Services Expansion 2,943,851 16,684,821 19,628,672 Staff EV Chargers 225,000 231,750 238,703 245,864 253,239 260,837 268,662 276,722 285,023 293,574 2,579,374 Sustainability Revolving Fund 312,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 500,000 Upper Eno Nature Preserve 38,000 400,000 438,000 Vehicle Replacements 1,790,130 3,619,123 2,442,620 4,137,729 2,505,053 4,493,199 3,756,985 2,649,827 626,927 3,180,605 2,409,033 29,821,101 Veterans Memorial 25,000 VIPER Radio Tower Construction 200,000 2,100,000 31,993,242 34,293,242 Appropriations Total 28,888,432 16,203,477 52,417,406 22,444,505 83,291,595 27,644,454 30,313,384 26,441,035 32,620,431 10,277,520 19,349,194 321,003,001 Revenues/Funding Sources Article 46 Sales Tax Proceeds 19,019 52,520 812,092 267,051 56,843 67,370 180,335 243,320 65,730 1,745,261 Contributions from Other Infrastructure Partners 230,000 2,070,000 50,000 15,000 98,000 2,463,000 Debt Financing 24,031,260 14,515,324 48,390,253 16,007,985 69,642,530 23,085,403 25,999,541 21,533,665 17,198,096 4,292,200 13,041,464 253,706,461 Grant Funding 100,000 500,000 500,000 Medicaid Maximization Funds 10,000,000 10,000,000 NCDEQ Reimbursment Fund 3,000,000 Partner Funding-County Capital 9,000 9,000 168,000 1,584,000 9,606,973 9,000 9,000 9,000 9,000 9,000 9,000 11,421,973 Register of Deeds Fees 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 800,000 Transfer from Cardinal Reserve 1,400,000 1,400,000 Transfer from General Fund 1,649,153 1,599,153 2,149,153 2,650,000 3,150,000 3,653,000 4,153,000 4,653,000 5,153,000 5,653,000 61153,000 38,966,306 Revenues/Funding Sources Total 28,888,432 16,203,477 52,417,406 22,444,505 83,291,595 27,644,454 30,313,384 26,441,035 32,620,431 10,277,520 19,349,194 321,003,001 6 Proprietary Projects Summary-RECOMMEND Fiscal Years 2024-34 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Ten Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year Appropriations 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 Total Solid Waste Solid Waste Vehicle&Equipment Replacements 2,120,244 2,138,979 2,903,961 2,536,673 954,474 211,523 3,022,965 1,346,815 2,244,340 3,171,492 399,183 18,930,405 Waste&Recycling Center Expansions 435,781 4,388,780 4,388,780 Solid Waste Total 2,556,025 2,138,979 2,903,961 6,925,453 954,474 211,523 3,022,965 1,346,815 2,244,340 3,171,492 399,183 23,319,185 Sportsplex Sportsplex-Facilities Maintenance/Replacement 100,000 45,000 130,000 200,000 180,000 140,000 50,000 150,000 190,000 1,085,000 Sportsplex-Fitness 100,000 125,000 125,000 125,000 375,000 Sportsplex-Ice Rink 800,000 35,000 140,000 40,000 50,000 265,000 Sportsplex-Kidsplex 55,000 5,000 50,000 5,000 55,000 6,000 60,000 236,000 Sportsplex-New Facilities 50,000 1,000,000 1,050,000 Sportsplex-Pool 175,000 450,000 225,000 25,000 50,000 25,000 150,000 75,000 1,175,000 Sportsplex Total 1,000,000 325,000 1,740,000 570,000 230,000 155,000 230,000 105,000 300,000 156,000 375,000 4,186,000 Water&Sewer Utilities Mebane Water Line Expansion 500,000 500,000 Water&Sewer Utilities Total 500,000 500,000 Appropriations Total 3,556,025 2,963,979 4,643,961 7,495,453 1,184,474 366,523 3,252,965 1,451,815 2,544,340 3,327,492 774,183 28,005,185 Revenues/Funding Sources Article 46 Sales Tax Proceeds 500,000 500,000 Debt Financing-Solid Waste 1,495,002 1,181,869 2,028,238 5,983,864 1,977,783 1,092,486 2,374,906 14,639,146 Debt Financing-Sportsplex 900,000 220,000 1,615,000 565,000 180,000 25,000 230,000 50,000 175,000 240,000 3,300,000 Solid Waste Funds 1,061,023 957,110 875,723 941,589 954,474 211,523 1,045,182 1,346,815 1,151,854 796,586 399,183 8,680,039 Sportsplex Funds 100,000 105,000 125,000 5,000 50,000 130,000 55,000 125,000 156,000 135,000 886,000 Revenues/Funding Sources Total 3,556,025 1 963,979 4,643,961 7,495,453 1,184,474 366,523 3,252,965 1,451,815 2,544,340 3,327,492 774,183 28,005,185