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HomeMy WebLinkAboutAgenda - 12/11/2008 - 6c lateORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 11, 2008 Action Agenda Item No. SUBJECT: Approval of FY 2009-19 Orange County, Chapel Hill Carrboro City Schools and Orange County Schools Capital Investment Plan (CIP) DEPARTMENT: Budget PUBLIC HEARING: (Y/N) No ATTACHMENT(S): To view the FY 2009-19 County Capital Investment Plan (CIP) go to www.co.orange. nc. us/budget/2009- 19ManagerRecommendedCl P.asp INFORMATION CONTACT: Donna Coffey, (919) 245-2151 PURPOSE: To consider approval of the FY 2009-19 recommended County, Chapel Hill Carrboro City Schools and Orange County Schools Capital Investment Plan (CIP). BACKGROUND: On December 1, 2008, Commissioners received a report regarding the recommended 2009-19 County CIP. As identified in the December 1 agenda abstract, there are a number of decision points for the Board's consideration during tonight's meeting: • Whether to implement a 1-cent tax rate increase, effective July 1, 2009, to fund county facilities capital maintenance • Consideration of recommended funding alternative for stabilization of buildings at Blackwood Farm at New Hope Park and Millhouse Road Park Whether to appropriate $1.2 million in Emergency Service Reserve for Emergency Services needs or to retain monies in reserve pending outcome of upcoming Fire and Rescue Study • Timeline for completing Link Center Renovations The County's Capital Investment Plan (CIP) is a comprehensive multi-year plan for investing in future County and Schools' capital needs in a strategic, "big picture" manner. The CIP is considered a "living plan", meaning that each year, staff and the Board can reassess needs identified in the previous year's plan to determine if future needs remain the same as those outlined in previously approved plans. If needs and priorities change from year-to-year, the Board can make appropriate revisions to previously adopted/approved plans to accommodate new priorities and projects. FINANCIAL IMPACT: Financial impacts are included in the FY 2009-19 CIP. 2 RECOMMENDATION(S): The Manager recommends the Board of County Commissioners approve the FY 2009-19 recommended County, Chapel Hill Carrboro City Schools and Orange County Schools Capital Investment Plan (CIP) with the following exceptions: • Implementation of a 1-cent tax rate increase, effective July 1, 2009, to fund county facilities capital maintenance o Recommendation: Postpone implementation until economic conditions are better • Stabilization of buildings at Blackwood Farm at New Hope Park and Millhouse Road Park o Recommended Funding Plan o FY 2009-10 Recommendation - use $275,000 of the $850,000 allocated to the Link Center project to fund the farmstead stabilization projects at Blackwood Farm at New Hope Park and Millhouse Road Park ^ Note -Recommended funding for Link Center Renovations project occurs over two years, FY 2009-10 and FY 2010-11 o FY 2010-11 Recommendation -Replenish monies borrowed from Link Center in FY 2009-10 by postponing FY 2010-11 funding allocation for Courts and Detention Future Needs Project for one year ^ Note: Intended use of monies recommended for Courts and Detention Future Needs Project is planning and design of future facility needs. Postponement of funding for one year will not be detrimental to the project as a whole. o This recommendation avoids redirecting 2001 bond monies originally intended for Twin Creeks to Blackwood Farm and Millhouse Road Park • $1.2 million in Emergency Service Reserve for Emergency Services needs o Recommendation: Direct staff to report to Board in a future meeting how the $1.2 million would be appropriated in FY 2009-10 • Link Government Services Center Renovation Timeline o Recommendation: Direct staff to report to Board in a future meeting renovation details allowed by available funding with a corresponding timeline for completing the renovations