FY 2008 Capital Funding Recommendations

1. FY 2008 Capital Funding Recommendations Citizens Capital Budget Advisory Committee

2. FY 2008 CCBAC Membership • Board of County Commissioners Appointees • Emma S. Allen • Thomas J. Fitch • Christopher J. Gegg • Norm Gundel • Tim Morgan • Michael L. Murdock, Chairman • William J. Rakatansky • Barney Stewart, III • Wilton A. Savage • Charlotte-Mecklenburg Schools Board of Education Appointees • Rhonda G. Lennon, Vice Chair • Allen K. Anderson

3. CCBAC Charter • Comment on the County's capital budgeting process and procedure; • Review priorities and assess proposed capital projects in relationship to those priorities; • Make recommendations to the County Manager and Board of County Commissioners on process, priorities and projects. • Facilitate the exchange of information and coordination between the County and the City on capital needs and planning. • Receive progress reports from staff departments on a quarterly basis on the status of capital projects. • Evaluate the stewardship of each agency or County department requesting funds for capital projects in using bond funds previously approved, including projected costs associated with Pay-As-You-Go and facility maintenance programs and facility operating expenses.

4. General Comments • Debt Affordability • No explicit evaluation • Does not mean awareness not considered • Planning Horizon • Recommendations address two year Capital Improvement Plans (CIPs) • Projects recommended for funding implicitly endorsed for completion

5. Two Year CIP Recommendation – $64,196,000 Government Facilities

6. Government Facilities (cont’d)

7. Park and Recreation • Master Plan • Major revision underway • Impacts CIP significantly • CCBAC recommendation • Commended for undertaking revision • Private and non-profit sector amenities feedback • Land acquisition requests discussed separately • New Second Ward Park discussed under “Government Facilities”

8. Park and Recreation (cont’d) Two Year CIP Recommendation – $40,771,584

9. Park and Recreation (cont’d)

10. Storm Water • Flood mitigation and water quality improvements • Majority on 24 miles in McDowell Creek watershed • Removes flood-prone structures from the flood zone • Additional protection to water supply watershed • Approximately 1/3 of the total cost paid through local storm water fees • Remainder from federal and state governments • CCBAC recommendations • Two year CIP - $16,133,464 • Encourage joint use • Greenways • Open space preservation • Outdoor classrooms (CMS) • Water supply protection

11. Historic Landmarks • Two year CIP - $7,617,500 • Preservation of outlying towns’ commercial cores - ~ $6.3 million, e.g., Pineville, Huntersville, Matthews, Davidson • Balance covers potential historic African American sites • Samuel A. Grier house • Historic roadside architectural opportunities, e.g., Monroe Road Pure Oil Station • CCBAC recommendation - no additional funding at this time • Cash reserves - $1.22 million • Sale of two properties within the next six months  ~$3.5 million • Sale of all currently held properties  ~$8 million revolving fund

12. Two Year CIP Recommendation – $8,309,532 Library Facilities

13. Central Piedmont Community College

14. Land Acquisition

15. Charlotte-Mecklenburg Schools • FY 2006 • Meet annual enrollment increases • Reduce mobile classrooms by 80% over 20 years • Renovate to bring or maintain facilities at baseline standard • FY 2008 • CMS measuring capacity in terms of classrooms rather than seats • CMS developed project prioritization matrix • January 23, 2007 – CMS Ten Year Plan presented to Board of Education • April 24, 2007 – Board of Education approved capital request

16. Charlotte-Mecklenburg SchoolsBases for Recommendation • Two Year Delivery Plan • Recommended projects to be completed and occupied in August 2009 and August 2010 • Keep up with Growth • Approximately 54o classrooms over the 2009-2010 term • 1,400 classroom deficit in fall of 2008 • First priority – deficit cannot be allowed to increase recommend annual construction of • Three (3) new elementary schools • One (1) new middle school • One (1) new high school

17. Charlotte-Mecklenburg SchoolsBases for Recommendation • Address the Backlogs in Renovation and Capacity • Equal urgency • Address renovation backlog • Three elementary schools • Four middle schools • Additional phases of renovation of two high schools • $84 million before escalation • Address undercapacity backlog • Two new elementary schools • One high school addition • $43 million before escalation

18. Charlotte-Mecklenburg SchoolsBases for Recommendation • Renovate Only for Building Condition, Add Capacity Only Where Overcrowded • Building condition, health, safety and accessibility considerations should determine order • Add capacity only in areas currently experiencing greatest overcrowding • Based on short-term overcrowding, not long-term

19. Charlotte-Mecklenburg SchoolsBases for Recommendation • Limit Renovation Cost to 60% of New Construction • Not a “hard stop” limit – CMS should re-evaluate at this point • Reclassify site as potential new school site • Continue to use existing building while serviceable • Adoption would allow additional renovation at Newell Elementary School

20. Charlotte-Mecklenburg SchoolsBases for Recommendation • Consider Auditoriums, Second Gyms and Grandstands Separately • Complete Projects Begun with Approved Prior Bonds • Design-only projects from 2002 referendum represent voter-approved projects for completion; projects from failed 2005 referendum do not carry same obligation • Results • Recommend Grainger High Phase 3 • Defer J. M. Alexander Middle renovations • Impractical (current overcrowding) • Ridge Road middle school provides relief

21. Charlotte-Mecklenburg SchoolsBases for Recommendation • SBSC Recommendation of $400 Million • Exclusive of land acquisition cost • Exclusive of escalation cost • Land Acquisition of $30 Million • Fully fund • No position regarding mechanism

22. Charlotte-Mecklenburg SchoolsRecommendation

23. Summary

24. Questions?