Item:
Title
Presentation on the Financial Strategies required for Capital Improvement Planning (45 minutes)
Body
Date of BOCC Meeting: November 3, 2025
Request for Board Action:
Agenda Text
The Board is requested to receive an update on the Capital Improvement Planning process from the County's Financial Advisor. DEC Associates Inc., Durham County Government's financial advisor, will provide an overview of strategies for maintaining strong fiscal standing while meeting capital goals through sound financial planning and policy development.
Durham County maintains a multi-year capital improvement plan that outlines the Board of County Commissioners' priorities for addressing capital needs. The plan identifies the fiscal strategies required to fund projects and the logistical factors influencing project timing. DEC Associates, Inc. will present strategies the County has successfully used to preserve its bond rating and recommend approaches for planning future debt issuances.
Alignment with Strategic Plan: This item aligns with the Strategic Plan Goal of Sustainable Infrastructure and Environment.
Resource Persons: Claudia Hager, County Manager; Doug Carter, DEC Associates, Inc.; Jeremy Carter, DEC Associates, Inc.; Crystally Wright, Chief Financial Officer; and Keith Lane, Director of Budget and Management Services
County Manager’s Recommendation: The County Manager recommends that the Board receive the update and provide input to County staff if appropriate.
Signature
County Manager: ____________________________