Item:
Title
Capital Project Amendment No. 19CPA000013- Closing one lottery funded Capital Project and returning unspent funds to Durham County’s PSBCF account with NCDPI .
Body
Date of BOCC Meeting: March 11, 2019
Request for Board Action:
Agenda Text
On February 7, 2019, the Durham Public Schools (DPS) Board of Education approved adjustments to one lottery funded Capital Project. Pursuant to the Interlocal Agreement with DPS, as amended, the Durham County Board of County Commissioners is requested to consider and approve the closing of one Capital Project. Unspent funds will be returned to NCDPI for a future reallocation.
This project is not officially closed yet in the County’s asset management system. Any project that has had activity during the fiscal year cannot be closed in the asset management system until the next fiscal year. The County will bring another amendment to BOCC in FY2019-20 to officially close these projects in the County’s asset management system.
The below indicates funds reconciled by DPS and the County that are available for return:
Project Current Inc./Dec. Revised Project
Budget Budget Status
18 LF - Riverside HS Roof Replacement
Phase 1 (SH275) $1,200,000 ($61,003.66) $1,138,996.34 Closing
Alignment with Strategic Plan: This capital project amendment aligns with Goal 1-Community and Family Prosperity and Enrichment, though providing access to educational, vocational, economic and cultural opportunities and by providing support for educational opportunities that ensure high academic achievement.
Resource Persons: Bernard Hall, Project Manager, Construction & Capital Planning.
County Manager’s Recommendation: The County Manager recommends that the Board approve Capital Project Amendment No. 19CPA000013 closing one lottery funded Capital Projects and returning unspent funds to Durham County’s PSBCF account with NCDPI.
Signature
County Manager: ____________________________