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FY 2025 Capital Project Ordinances - General County, Union County Public Schools (UCPS), and Solid Waste Capital Projects
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INFORMATION CONTACT:
Beverly L. Liles, Finance, Director, 704-283-3675
ACTION REQUESTED:
Adopt the following Capital Project Ordinances for FY 2025:
General Capital Projects
CPO 306D Growth Management NC DOT Projects
CPO 348A and CPO 368 Critical Infrastructure
CPO 349B and CPO 369 Major Capital Projects
CPO 351A Information Technology
CPO 365 Public Safety
CPO 367 Annual Operating R&R
UCPS Capital Projects
CPO 366 UCPS
Solid Waste Capital Projects
CPO 353A Solid Waste - Landfill Operations Center
PRIOR BOARD ACTIONS:
1) June 17, 2024, Regular Meeting, Agenda Item #24-404 - Adoption of FY 2025 Operating Budget
2) May 20, 2024, Regular Meeting, Agenda Item #24-277 - Presentation of Capital Improvement Plan Recommended Funding for FY 2025
BACKGROUND:
The General County Capital Projects, UCPS Capital Projects, and Solid Waste Capital Projects groups for FY 2025 were presented to the board May 20, 2024, and the pay go capital (cash) transfers from operating fund(s) are included in the adopted budget ordinance for FY 2025.
FINANCIAL IMPACT:
Funding is included in the FY 2025 Adopted Budget for all pay go capital funding projects. The Judicial and Government Center Renovation construction is expected to be funded by issuing 2/3rds General Obligation Bonds in the Spring of 2025. There is no estimated general fund tax rate impact associated with this bond issuance.