Item:
Title
Approval of Capital Project Amendment No.25CPA00002 and Budget Ordinance Amendment No.25BCC00002 Appropriating Approved County Contribution (PAYGO) Funds ($7,308,666) for Multiple Capital Projects, as well as Appropriating $741,212 of Debt Service Fund Fund Balance, Transferring it to the PAYGO Fund, and Appropriating $741,212 in PAYGO Funding to the Security Systems Upgrades & Repairs Capital Project (4190DC081)
Body
Date of BOCC Meeting: July 8, 2024
Request for Board Action:
Agenda Text
The Board is requested to approve Capital Project Amendment No. 25CPA00002 and Budget Ordinance Amendment No.25BCC00002, appropriating approved County Contribution (PAYGO) funds ($7,308,666) for multiple capital projects, as well as $741,212 of Debt Service Fund fund balance, transfer the funding to the PAYGO Fund, and appropriate $741,212 in PAYGO funding to the Security Systems Upgrades & Repairs Capital Project (4190DC081).
This capital project amendment is a standard annual procedure that occurs at the beginning of each fiscal year. All but $741,212 in funding was approved as part of the FY 2024-25 annual budget.
The projects are as follows:
Durham County Capital Projects
Current Budget
Increase/Decrease
Updated Budget
Ongoing Roof Replacement (4190DC073)
$ 3,640,166.00
$ 1,058,860.00
$ 4,699,026.00
Ongoing Parking Lot Replacement (4190DC074)
$ 2,761,304.00
$ 129,839.00
$ 2,891,143.00
Ongoing HVAC Replacement (4190DC076)
$ 5,351,345.00
$ 736,632.00
$ 6,087,977.00
Ongoing Facilities Systems Upgrades (4190DC087)
$ 91,495.36
$ 1,165,575.00
$ 1,257,070.36
CISS at Shoppes at Hope Valley (4730DC161) (NEW)
$ -
$ 70,000.00
$ ...
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