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HomeMy WebLinkAboutAgenda - 09-19-2000-5bORANGE COUNTY BOARD OF COMMISSIONERS _. ACTION AGENDA ITEM ABSTRACT Meeting Date: September 19, 2000 Action Agend Item No. 5• SUBJECT: Support of Cammunity College and University State Bond_,Issue DEPARTMENT: Board of County PUBLIC HEARING: (Y/N) No Commissioners ATTACHMENT(S): INFORMATION CONTACT: Moses Carey, Jr., ext 2130 Resolution Community College Bond Information Community College Bond Funding Information TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968501 Durham fi88-7331 Mebane 336-227-2031 PURPOSE: To consider a resolution supporting the Community College and University state bond issue. BACKGROUND: The November, 2000 ballot includes a measure for approval of a state bond to provide funding for North Carolina's community colleges and universities. The North Carolina Association of County Commissioners passed a resolution in support of the community college bond issue during its Business Session on Saturday, August 12 at the NCACC Annual Conference in Durham County. As part of the its ongoing support of the community college bond issue, the Association has asked each County to pass a resolution of support as soon as possible. Orange County, through its Community College Task Force, is considering the feasibility of locating a branch of Durham Technical Institute in Orange County. The passage of the bond issue is an important component of the process in the possible location of a community college campus in Orange County. FINANCIAL IMPACT: None at this time. RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the Chair to sign a resolution supporting the Community College and University state bond issue. 2 ORANGE COUNTY BOARD OF COMMISSINERS RESOLUTION - IN SUPPORT OF COMMUNITY COLLEGE AND UNIVERSITY BONDS WHEREAS, The North Carolina General Assembly has approved Senate Bill 912, signed by the Governor and enacted as Session Law 2000-2, placing on the ballot a proposal to issue $3.1 billion in general obligation bonds, proceeds from which are to be used to improve facilities within the state's university system ($2.5 billion) and community college system ($600 million); and WHEREAS, higher education has historically played a tremendous role in building the State of North Carolina into the thriving economic, cultural, and social leader it is today; and WHEREAS, North Carolina's community colleges and universities allow citizens of this State to team the skills necessary to compete in today's and tomorrow's competitive economy; and WHEREAS, in the next decade, our community colleges expect more than 57,000 new students to enroll, and enrollment in our universities will grow by more than 48,000 students; and WHEREAS, our higher education campuses must upgrade and construct academic, residential and administrative facilities, including critical laboratory and classroom space, to accommodate the growing numbers of students; and WHEREAS, the $3.1 billion bond package approved by the General Assembly will assist our community colleges and universities in meeting their significant facility needs; and WHEREAS, proceeds from the band issue will provide great assistance to North Carolina counties in improving these community college facilities and in assuring quality facilities for our citizens attending the state's universities. NOW, THEREFORE, BE IT RESOLVED that the Orange County Board of Commissioners strongly supports the passage of the community college and university bonds on the; ballot November 7 because it will enable our systems of higher education to better educate tomorrow's students and maintain North Carolina's place as the national leader in higher education teaming and training. This the 1f!"' day of September. 2000. Moses Carey, Jr. Chair ._._ 3 Talking Points for Community College Bonds Why are community colleges importaet to local communities? Community colleges are a main economic engine in local communities, providing training and retraining for 700,000 students (150,000 of them full-time) at 59 campuses across the state. It is a fact that one of the first things a new or expanding industry looks at is the. ability of the local community college to provide specialized training for employees. The health of the local economy is directly linked to the health of the local community college. Why does the community college system need the $GDQ million bond issue? Since 1' 963 when the system was established, community colleges have provided accessible, affordable education to students who either choose not to attend or can't afford to attend aforr-year university. However,. for the first time in their history, North Carolina community colleges have had t4 cap enrollment and limit classes because of deteriorating facilities, lack of . classroom space aad increasing enrollment. - . This situation comes at a time when North Carolina is depending on ~ educated workforce to ensure its prosperity and its ranking as one of the best places in the country to da business. The overcrowding at community colleges has meant that some businesses have delayed expansions or taken their investments elsewhere because workers could not be trained. The situation will only get worse. The community college system projects a 30 percent increase in enrollment by the end of the decade. That is the equivalent of SS,000 new students. Bonds would pay for needed upgrading, repairs, renovations and new construction to keep community college education accessible for North Carolina's citizens. How would the money be allocated? The bond package for community colleges is $600 million. The money is split into two pots. One pot is far repairs and renovations and the other pot is for construction. 4 • All 59 community colleges would receive a minimum of nearly $113 million for repairs and renovations without having to provide matching money. + 30 community colleges would receive an additional $2$7 million for construction and modernization without the local community being required to put up matching money. There are two reasons for exempting counties from having a match requirement. • The county is considered a low per capita income county; • The county has already spent a great deal of money on community college facilities in the past. By statute, counties are financially responsible for 100 percent of the facility costs for the community colleges. Counties have risen to the challenge but other funding burdens on counties (such as Medicaid, public education, jails) have stretched their ability to pay. • 29 community colleges would split the remainder of the band money, These 29 counties would have to pay a match if they chose to accept the money. But that miatch~ - would be no more than 50 percent. The majority ofcounties would play less than 50 percent. (See,the attached spreadsheet for detailed information.)- . _. _ Will passage of the bond package mean tan increases at the state or lacal level? - _ ... . _ _ -State Treasurer Harlan Bo 1 ~y . yes has examined the issue thorn and sazd that the state would not have to raise taxes to pay o$the bonds. This is because normal. economic growth is expected to continue and. that growth should be mare than adequate -- ~ ~ - -_ _._~. ~ to handle the debt a ' -- P yments. - - - - - - - - -- _... . ~ As for focal taxes, the bond package does not mean an antamatic increase for these - --- reasons: _ - - . _ A county could pay the matching share out of existing resources; .-- Acounty does iiot~need to spend its entire bond allocation, thereby reducing its. match; _ . A county does not have to accept any fixuds requiring a match and could use only those funds not requiring a match. (Remember the repairs and renovation money does not require matching funds from any county); ~ __ 5 • A county could finance the match with a local band in an amount that doesn't require raising taxes; Of course, in budget matters, the choice lies with the county. A county could choose to raise taxes if necessary to pay the match and reap the benefits of up to 50 percent savings on costs of funding community college construction. All of the choices aze mare cost effective than counties being required to pay the normal 100 percent of facilities cost as mandated by law. Why should counties support the bond issue and work for its passage? Economic growth and prosperity depends on a trained workforce. The community college system is the key to that educated workforce as people move out of traditional farming, manufacturing and textile jobs and into a more high-tech environment. The future of community colleges and counties are intertwined. If overcrowding continues and facilities aze allowed to deteriorate, growth and business development will suffer. If the bond issue fails, it is very possible that the community college system will decide to approach counties for money to upgrade, repair, and build facilities. That would be a faz more costly situation for counties. - NORTW CAROLINA COMMUNITY COLLEGE SYSTEM 3600 Million Capital Improvement Request 2000-2001 With Local Match Required Local Local Adjusted for Ability to P Overmatch A r-00 Local Match Re uired 50.00% 1,279,536 3,766,311 50.00% 0 0 50.00% 0 405,524 50.00% 0 295,980 50.00°k 13,308,683 0 37.45°,6 21,073 0 41.39°k 3,296 574 1,950,839 39.18°k 1,825,489 0 39.18% 0 0 50.00% 1,487,990 0 50.00% 787,276 1,014,339 50.00% 4,899,522 0 50.00% 0 0 50.00°~ 348,648 0 50.00% 0 0 41.81 % 7,287,968 0 50.00% 246,507 2,169,943 50.00% 0 0 50.00% 0 254,060 50.00% .50,979,692 0 50.00% 0 0 50.00% 1,447 0 50.00% 0 0 50.00% 3,030,948 2,614,776 50.00% 10,504,538 0 47.91 % 2,789,083 4,469,74D 49.97% 78,225 368,49D 32.68% 175,120 0 47.91 % 0 673,190 49.97% 0 1$0,430 50.00°r6 31,513,167 0 50.00% 6,530,615 0 50.00% 4,533,241 0 50.00% 17,887,868 0 50.00% 535,683 0 50.00°~ 3,833,442 0 50.00% 1,440,726 0 41.80% 38,884 2,763,793 33.85% 6,048,405 0 37.36% 745,913 0 38.88% 0 0 50.00% 81,442 661,282 37.36°k 0 D 43.03% 4,239,143 458,704 43.03% 0 1,098,435 45.66% 4,256,498 102,983 50.00% 858 706 0 50.00% 2,603,289 10,672,031 50.00% 0 0 37.85% 593,994 0 37.85% 0 0 44.41% 9,502,953 13,807,714 44.41 % 0 89,100 44.41 % 0 6,454,174 50.00% 6,779,140 3,905,679 p6111t~aRev 1°fal °t~h rCgWred °5Ji?1200° 2:02 PM NORTH CAROLINA COMMUNITY COLLEGE SYSTEM 3600 Million Capital Improvement Request 2000-2001 With Local Match Required Local Local °h Adjusted far Ability to P Overmatch A r-00 Local Match R uired i 50.00% 0 448,575 >' 50.00% 0 260,414 3 50.00% 0 3,251,213 a 50.00% 10,215,731 0 I 45.59% 1,44$,912 0 I 50.00% 20,197,109 0 50.00% 0 0 i 50.00% 3,182,836 2,322,874 I 50.00°~ 0 2,397,563 I 50.00% 0 0 I 33.55% 1,547,095 0 ! 47.48% 3,449,205 0 1 47.48% 0 0 I 47.48% 217,598 0 I 47.48% 0 0 I 42.24% 3,1$6,618 0 I 50.00% 7,305 0 41.75% 332,163 1,040,385 ! 41.96% 9,590,250 0 I 41.60% 3,771,493 3,172,538 I 41.60% 0 0 I 35.01% 2,261,284 0 I 39.47% 0 0 I 35.01 % 0 0 41.60% 0 18,744 i 36.59% 6$9,534 0 ~ 30.07% 490,542 0 i 42.63% 151,161 1,653,091 50.00% 0 355,617 42.04% 0 53,064 40.02% 284,321 1,237,002 40.02% 0 0 50.00% 3,851,785 0 50.00% 216,851 0 37.98% 103,444 0 40.76% 613,101 2,525,232 40.19% 12,897 1,461,286 47.81% 270,023 1,$99,187 34.07% 11,328 0 43.58% 8,255,911 6,285,464 44.18% 4,737,893 0 44.18% 106,773 0 32.71% 3,8$8,698 0 32.71 % 0 0 32.71 % 0 0 36.78% 0 0 32.75% 214,597 0 29.76% 5,910,155 0 29.76% 0 0 29.76% 0 0 29.76% 0 0 42.34% 7,173,935 0 44.91% 718,275 3,659,365 50.00% 791,888 3,565,141 50.00% 0 0 n~~n~~ ~i gym, ~,~r~ 05/1212000 2:02 PM NORTH CAROLINA COMMUNITY COLLEGE SYSTEM SB00 Million Capital Improvement Request 2000-2007 1Mth Local Match Required Ahiliry-Rev local makh rcgWred OSI122000 2;02 PM