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Agenda 2011 08-15 Work SessionAGENDA NEW HANOVER COUNTY BOARD OF COMMISSIONERS WORK SESSION Assembly Room, New Hanover County Historic Courthouse 24 North Third Street, Room 301 Wilmington, NC JONATHAN BARFIELD, JR., CHAIRMAN • JASON R. THOMPSON, VICE - CHAIRMAN TED DAVIS, JR., COMMISSIONER • BRIAN M. BERGER, COMMISSIONER • RICHARD G. CATLIN, COMMISSIONER BRUCE T. SHELL, COUNTY MANAGER • WANDA COPLEY, COUNTY ATTORNEY • SHEILA SCHULT, CLERK TO THE BOARD 561M AUGUST 15, 2011 1:30 P.M. MEETING CALLED TO ORDER(Chairman Jonathan Barfield, Jr.) REGULAR AGENDA ITEMS OF BUSINESS 1:30 p.m. 1. Economic Development 1:50 p.m. 2. Non - County Agency Funding 2:10 p.m. 3. Debt Service 2:30 p.m. 4. ADJOURN Note: Times listed for each item are estimated, and if a preceding item takes less time, the Board will move forward until the agenda is completed. Board of Commissioners Work Session 08/15/2011 This page intentionally left blank. NEW HANOVER COUNTY BOARD OF COMMISSIONERS REQUEST FOR BOARD ACTION MEETING DATE: August 15, 2011 REGULAR ITEM: 1 DEPARTMENT: PRESENTER(S): Bruce T. Shell, County Manager and Cam Griffin, Budget Director CONTACT(S): Bruce T. Shell, County Manager and Cam Griffin, Budget Director SUBJECT: Economic Development BRIEF SUMMARY: RECOMMENDED MOTION AND REQUESTED ACTIONS: ATTACHMENTS: Economic Development Information COUNTY MANAGER'S COMMENTS AND RECOMMENDATIONS: (only Manager) Board of Commissioners Work Session 08/15/2011 1 -0 Work Session for August 15, 2011 Economic Development Work Session County Commissioners Assembly Room (Historic Court House) (After regular Board Meeting) Budget Department New Hanover County August 15, 2011 Board of Commissioners Work Session 08/15/2011 1 -1 -1 Work Session for August 15, 2011 Table of Contents Economic Development: 1) Current Efforts 2) Future Budget Department New Hanover County August 15, 2011 Board of Commissioners Work Session 08/15/2011 1 -1 -2 IlI Board of Commissioners Work Session 08/15/2011 1 -1 -3 Board of Commissioners Work Session 08/15/2011 1 -1 -4 wik-iiiri down'Lowri int Aew Aanover Count Office of the Count Commissioners 230 Government Center Drive Wilmin NC 28403 At the re of the Count Director of Finance, I am pleased to provide this summar of WDI's activities since 2006, as well as some of our work plan for the next fiscal y ear. We look forward to our continued partnership. LOAN PROGRAM: WDI has utilized its loan pro for job g rowth, creatin 165 jobs to 14 recipients totalin $494,100. EVENTS: VMI has produced several successful events that drive traffic downtown to benefit shops, and showcases the q ualit y of life for those who choose to live and work in downtown. These events 'Include: SITE SELECTION ASSISTANCE AND RECRUITMENT: WDI was the point of first contact that led to PPD"s investment and relocation 'in downtown. In addition., WDI has provided site selection assistance and recruitment to multiple operators/entrepreneurs in the followi I n services: Le Scientific Technolo Restaurant/Bar Real Estate Development Financial Information Retail Residential relocation Hotel Development WILMINGTON DOWNTOWN, INC. 221 NORTH FRONT STREET. SUITE 102 - POST OFFICE Box 2235. W11-MING-rON, NORrH CAROuNA 2840 910.763.7349 910.343.6950 WWW.WILMINGTONE)OWNTOWN.COM I Board of Commissioners Work Session 08/15/2011 i - i - 5 In 201 01P WDI hosted 45 site visits/tours with six of those businesses movin into downtown. The businesses that "I assisted in 201 include start-ups, retail shops, restaurants and a CRO call centel MARKETING: WD1 updated the wilmin website to feature all downtown businesses, events, available properties and news. The location based website is destination oriented U; g uide and draw people downtown. 1 6 1 1 Avera 4,000 pa views per da Avera 1,000 sessions per da Top site destination: lod 25,000+ links to downtown businesses II I I 1141,1049CUM =1111111�1r= $ Street level business g rowth Retail lease rates e s i d e Y tm' hw kL L Office occupanc rates Retail sales trends/leaka stud WORK PLAN-. For 2011-2012, WDI's marketin plan has 'Identified the followin strate for economic development. Trade Shows In FY 2011-201Z VVIDI has identified ten trade shows tar for either exhibition or attendance for staff 0 and board members. Shows tar are for professional development, business recruitment to Wilmin and/or residential relocation prospects. Below is a list of shows tar in the next three y ears. International Downtown Association (IDA) SYSAY * Internet Summit ICSC S0UtVe&q_e6?1;P1 Intcrnational Economic Development Council (IED LiveSouth Southeast Venture Conference NAIOP — Development '1 1 Bio International Convention ** ESC Expo — Silicon Valle Endeavor Entrepreneur Summit — San Francisco Interface Carolinas Conference Real Estate Show Possible collaboration with Film Commission * Possible collaboration with NC BioTech, WID and NC Southeast 1 rint/Di0tal-1 ublications idened for advertisina: The followin publications are identified for economic development advertisin Tech Journal South Triad Business Journal Ralei Downtowner Triangle Business Journal Charlotte Business Journal Metro ma Board of Commissioners Work Session 08/15/2011 i - i - 6 �Ilip�ivpl I pq III I q M= gel Board of Commissioners Work Session 08/15/2011 1-1-7 WILMINGTON REGIONAL FILM COMMISSION, INC, 2010 PRODUCTION TOT,41S BOARD OF DIRECrORS jaro%es,..::. Sm�ltn, aa!-r-ar/CE0 %N a r, - Va ss a r. v q, ::e-C P I irrran rick -ab* Bill Se'lo TOTAL INQUIRIES 137 TOTAL PRODUCTION EXPENDITURES 44j050,000 FEATURE FILM $ 15. TELEVISION $ 28,6.50=0 COMMERCIALS $ 400?000 TITLES FEATURES FEVIIIIIIIIIIIIIIII ft 4 f4v ki mak X91 Nhri 4*4 Celebrex K-Swiss Sports Authorit Member of ASSOCIATION OF FILM COMMISSIONERS all ommissloners 0 ;rof Work oa Session 08/15/2011 1-1-8 WILMINGTON REGIONAL FILM COMMISSION, INC. PRODUCTION TOTALS pill 1 Z41 121 $ 28,660,000 FEATURES 0 Provinces of Ni (Provinces of Ni LLC) TELEVISION — MO W's I SERIES One Tree Hill (Warner Bros. Television Production — TV Series (22 episodes) Swamp Lo (Pil Films and Television, Inc. — TV Series COMMERCIALS Safe Auto Campal 1 9 n (Sprocket Fuel, Board of Commissioners Work Session 08/15/2011 1-1-9 WILMINGTON REGIONAL FILM COMMISSION, INC. PRODUCTION TOTALS 04411 TOTAL INQUIRIES TOTAL LOCAL EXPENDITURES FEATURE FILM I I Z 1 -11 1ki 101111. 1 ki I I1111-1 i zi i * . 19104 FEATURES • The Bleedin (indifferent Entertainment) 0 A Good Old Fashioned (End Entertainment) The Secret Life of Bees (Fox Searchli TELEVISION — MOW's If SERIES One Tree Hill (Warner Bros. Television Production) — TV Series (22 episodes) Eastbound and Down (HBO Entertainment) — TV Series (6 episodes) Little Brflain USA (HBO Entertainment) — TV Series (6 episodes) I 11111�1111 �� Vill :4 :To 1 iill 9 Crescent Bank Blue Cross Blue Shield Pro Ener NC Tourism Wran Crackle. corn The Nut Farm Board of Commissioners Work Session 08/15/2011 1-1-10 140 56,105,001 $ 1595005000 $ 35v000 v000 $ 1,9105,000 $ SY000P000 . 19104 FEATURES • The Bleedin (indifferent Entertainment) 0 A Good Old Fashioned (End Entertainment) The Secret Life of Bees (Fox Searchli TELEVISION — MOW's If SERIES One Tree Hill (Warner Bros. Television Production) — TV Series (22 episodes) Eastbound and Down (HBO Entertainment) — TV Series (6 episodes) Little Brflain USA (HBO Entertainment) — TV Series (6 episodes) I 11111�1111 �� Vill :4 :To 1 iill 9 Crescent Bank Blue Cross Blue Shield Pro Ener NC Tourism Wran Crackle. corn The Nut Farm Board of Commissioners Work Session 08/15/2011 1-1-10 WILMINGTON REGIONAL FILM COMMISSION, INC PRODUCTION TOTALS I ., Z II TOTALREVENUE i k _ _ 1.,., h z0 -z B 141 4 98,738 67s646,000 i' J 4 .. 7 . 1 0 0. $ 642,000 '„ 6P0003000 fit-i FEATURES Nights In Rodanfha (Warner Bros. Pictures) The Marc Pease Experience (Paramount Vantage) Cabin Fever 11 (Spring Fever Productions) Bolden! (King Bolden, LL C) TELEVISION — MOW's I SERIES * One Tree Hill (Warner Eros. Television Production) — TV Series (21 episodes) 0 Eastbound and Down (HBO Entertainment) — Pilot 0 Whitaker Bair— TIC Series (8 episodes) COMMERCIALS i OTHER 0 University Health Systems a Blue Cross/ Blue shield Natural Gas Board of Commissioners Work Session 08/15/2011 1 -1 -11 111'11,19THIA'GTON REGIONAL FILM COMMISSION, INC. PRODUCTION TOTALS �� =# TOTAL INQUIRIES 191 TOTAL REVENUE $3694879501 FE ! i'. ! * 1 INDEPENDENT PROJECTS ( UNDER $1 M $ 11140,000 COMMERCIALS / OTHER $ 3409000 STILL SHOOTS $ ! INDIGENOUS INDUSTRIES $ 490OOpOOO i " The Beautiful Ordinar (Persistent Entertainment" (Houn P ro d uct i ons ) * The List (Torch Media) INDEPENDENT PROJE (UNDER $1M) Thr El Camino W Twisted Whit M en C an t D anc e (WMCD, LP) TELEVISION - "s / SERIES M adison - (Fre Med Tr ee (Warne B Television Serie COMMERCIALS I HER Blue Cmss Blu Shield — Commercial Mann equin Cape Fear Valle Cancer Center (Mad Monke Inc. — Commerci d. • Marin C orps T rainin g V Enter tainment ) P Comme STILL SHOOTS * Beaut Confessions (Marie Claire Ma — Still Shool * Ethan J Shoo - Sho Board of Commissioners Work Session 08/15/2011 1 -1 -12 W 1D oil" go 19 v WILMINGTON INDUSTRUAL DEVELOPMENT Post Office Box 1698 Phone 910- 763 -8414 Wilmington, North Carolina 28402 htt : ww.wilmin Au ust 1, 2011 Ca Griffin New Hanover Co. 2 0 Govern ent Center Dr. Suite 195 Wilmington, NC 28403 Dear Cam, Per your request we are forwarding you a summary of Wilmington Industrial Development's activities for FY 2010 -2011 as well as data from July, 2006 —June 2011. Please keep in mind this is a snap shot of our activities and does not include the other county we work with that also benefits our region. Client Development- FY 2010 -2011 • 32 New Projects considering NHC for the year, which equal over $771 million in new investment and over 3,366 potential jobs. WID's global marketing initiatives generated nearly 50 % of this activity. • WID's current client portfolio consists of 41 total active projects equaling over $2.5 Billion in investment and over 7,860 potential jobs. • The Active Projects consists of the following sectors o Manufacturing o Warehouse Distribution o IT o Bio Fuel • Call Center • Marine Industry • Research & Development • Food Processing • Corporate Headquarters • Recycling • Engineering 2006 -2011 Below are some of the companies WID has assisted with either relocations or expansion plans since 2006 which account for; • Over $1.4 billion in Investment • 1442 jobs • With an average salary of $ General Electric Castle Hayne Site (Nuclear, Aircraft, & Laser Enrichment) Project Development Verizon - Additions to employment Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -13 W 1D oil" go 19 v WILMINGTON INDUSTRIAL DEVELOPMENT Southern States Chemical - Relocation & Expansion Fortron Industries - Expansion Guilford Corp. Headquarters Existing Industry Fiscal Year Ending 6/30/11 Results o Over 300 visits were made by WID to existing industry/ businesses to monitor company needs, business updates and potential expansions and retention. July 2006- June 2011 Results o Over 1800 visits o These relationships are considered to be critical to evaluate retention and expansion plans SBA 504 Loan Program — FY 2010 -2011 (WID's Outreach to the Small Business Communityl • 6 loans funded = 50 jobs & $6,883,473 total investment • 6 loans approved (awaiting funding)= 48 jobs & $9,491,184 total investment Out of the above loans: • 6 were to the professional practice sector • 3 went to women -owned businesses • WID's largest approved 504 loan to date in NHC was originated in 2011 for a total loan package of $4,200,000. Current loan portfolio as of 6/27/11: 47 loans represent $48,890,153 total investment and 572 jobs. July 2006 -June 2011 • SBA 504 loan Funding of $12,510,000. • Total Project Investment of $35,323,973. • Creating over 300 jobs. Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -14 W I-D P-.01M oil" go 19 v WILMINGTON INDUSTRI.Al DEVELOPMENT Since the start of the program in 1981- June 2011 • SBA 504 loan Funding of $61,026,000. • Total Project Investment of $184,695,380. • Creating over 6000 lobs. 37 Businesses that have received current or past SBA 504 financing were located in New Hanover County. Marketing Achievements • Undergoing Branding Initiative which evaluates all components of our Regional Economic Development Efforts. • Completion of the New WID Brochure — The brochure has been a major marketing tool to clients, consultants, and prospective members. • Website and Equipment upgrades for optimum exposure & response. • Collaboration with NCSE & NCDOC on the New Sites & Building Database. — Our outreach efforts with commercial realtors to take full advantage of WID, NCSE and NCDOC marketing efforts have resulted in significant increases in property listings for which we are becoming a warehouse for commercial listings. • Trade Shows covering numerous sectors • Hosting visits on a frequent with Site Selection Consultants, Corp. Real Estate Advisors, NC Dept. of Commerce Developers and Facility Managers to show case the area and present the possibilities. • Existing Industry Outreach for Lead Generation • Joint Marketing Effort with NCDOC, NCSE and NC State Ports as well as Utility Companies. Major Projects Underway in NHC • Regional Logistics Center Actively working with State Ports and NCDOC & NCSE on "At Port Model" which includes warehousing distribution strategy through joint marketing, trade show outreach, and client presentations. • Aerospace Initiative partnered with NCSE Joint Marketing, Trade shows, Identified potential clients and made site visits • Infrastructure Enhancements on Highway 421 Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -15 W I-D P-.01M oil" go 19 v WILMINGTON INDUSTRI.Al DEVELOPMENT WID and Pender County have achieved "certification ready status" for the Pender Commerce Park. Supporting the county, activities underway to implement infrastructure (water and sewer) to make the Highway 421 industrial corridor a reality, which may be one of the most significant impacts on economic development in SENC in over a decade. • Port Enhancement Zoning Bill — Bill Passed Budget Wilmington Industrial Development is a 50106 Private Not for Profit Organization Current Funding • Private - 66% Contracts - 34% (NHC represents 15 %) 2006 -2011 • Private Membership Funding has increased 30% over this time period. 2015 Goal • 85% Private Funding for organization. NCSE 11 County Economic Development Comparison (based on 2010 population / 2010 -2011 County Economic Development Organizations Funding) • Of the 11 counties NHC ranks 11 with $0.66 per capita funding. Average for 11 county region is $2.44. per cap. With the largest being Bladen Co. at $4.69 per cap. • Below is a sampling of local economic development organizations funding for our region for 2010 -2011 Southeastern N.C. Counties Per capita Pop. (2010) County EDO Funding fundin Bladen 35190 $165,120 $4.69 Sampson 63431 $234 $3.69 Scotland 36157 $129 $3.58 Brunswick 107431 $377 $3.51 Columbus 58098 $148 $2.55 Hoke 46952 $95 $2.02 Richmond 46639 $85 $1.84 Pender 52217 $92 $1.76 Robeson 134168 $218 $1.62 Cumberland 319431 $418 $1.31 New Hanover 202667 $134 $0.66 Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -16 W I-D P-.01M oil" go 19 v WILMINGTON INDUSTRIAL DEVELOPMENT Examples of WID Company Partners Economic Impact Verizon The initial economic output analyzed by William Hall, Senior Economist, Cameron School of Business, UNCW for the 1200 jobs generated by Verizon Wireless was $388,400,000. Since that analyzes in 2003 Verizon now employees 1350, which would make a significant increase on the output. A direct property tax impact study representing 2005 -2009 was done in 2010 also by Mr. Hall and the following was the summary; The New Hanover County tax base would have to be $70.9 million larger to generate the property taxes collected from the company over the 2005 -09 period. Similarly, the Wilmington tax base would have to be $59 million larger to generate the collected property taxes. The comparable tax base figures for Carolina Beach and Wrightsville Beach are $1.5 million and $950,000, respectively. $ annually Impact output based on 1200 jobs GE The economic output analyzed by William Hall, Senior Economist, Cameron School of Business, UNCW for the 900 jobs generated by GE Hitachi Nuclear and the GLE Project was $492,400,000 annually and a onetime impact of $120,500,000 for the construction phase. WID is deeply engaged with GE on this Project. $492.,400,,000 annually Impact output based on 900 jobs (Does not include all sectors of GE Castle Hayne Site) Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -17 PPPr W I-D P-.01M oil" go 19 WILMINGTON INDUSTRIAL DEVELOPMENT Human Repwnm March 18, 2010 Mr. Soon Satterfield Executive Director Wilmin Industrial Development PO Box 1698 Wikain NC 28402 If .M3Y"FAV-T,7=- P velr Verbon Wirek" SMI brho Wimir NC 28403 This September will mark our sixth y ear in Wilmin Given the tax benefits offered wanted i� ft&ithis 6jp6�� e when we chose to locate here, we th Cit 6f Wihnin New Hanover Count and the State of North Carolina for extendin a welcome which we continue to reco has been most fortuitous. Over the past y ear or so, the Wilmin Call center has earned additional business and accolades from our co rate office. We thou we'd share some of these achievements . with y ou, as evidence ftt this cit has indeed proven to be a superb place in which to do business. We also provide extensive health behefits, a g enerous tuition assistance pro opporainities for internal advancement and numerous other advanta that we believc combine to make. VcrizonW-irBless. a g reat compan f q!T which to work. Such compensation and benefits also contribute to our perfpnnance-based culture where emplo work hard, g et results, and thus, participate in the financial rewards. And get M%dts, the do! Allow us to share some of the Wilmin Call Center's recent achievements Board of Commissioners Work Session 08/15/2011 1-1-18 W I-D P-.01M oil" go 19 WILMINGTON INDUSTRIAL DEVELOPMENT Sincerely, ► ..�.- � --..mow :.r._:,— �.•a.�� Tony May' Tony Garcia Directo Customer Service Associate Direor Businm Service Center Steven post Robert Clayton Director Customer Finw6al Services Manager'Hu"man' Relations 4 cc: North Carolina Go vemor Bev Perdue Mr. ] Dilea and Mr. Don'Aobi Office of the [governor Secretary J. Keith Crisco and Deputy Secretary Dale Carryall,' NC Dep t. of Comm New Hanover Cooney Co' nmi ssioners and - Ms. Sheila' Schuh City of Wilmington City Council members and Ms. Dawn Grants Mr. Scott Sattafield and.Mr. Billy King, Wilmington Industrial Development Mr. Rob Kaiser; Fubiisher,, reatcr Wilmington' Business Jo uffW Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -19 W I-D P-.01M oil" go 19 v WILMINGTON INDUSTRI.Al DEVELOPMENT Some of the Companies WID has assisted in locating to our Region AAI H.S.M. Machine Works, Inc. American Skins IKA -Works Archer Daniels Midland Interroll Corporation Armada Corp. INVISTA Atlantic Barn & Timber Co. LLC KCS Intl./Rampage Yachts Atlantic Corp. LL Building Products BASF LP Corporation Bedford Fair Industries, Ltd. LEK Pharmaceuticals Bennett Brothers Yachts National Gypsum Carerra Corp. Oracle Packaging Caterpillar Phoenix Technologies Castle Branch, Inc. Porta -Nails Chadsworth Columns Praxair Chloride Systems Pres -Tige Label Corporation Coty / DEL Laboratories, Inc. Queensboro Shirt Corning, Inc. Screen Gems Studios Cott Beverages Source One, Inc. Coverbind Southport Boatworks DAK Americas (formerly DuPont) Target Technologies, Inc. Dean Hardwoods, Inc. Telechron, Inc. Elementis Chromium Terex Crane Corp. Enhanced Presentations Top Tobacco Company Feller Corp. Ullman Company Fenner Drives Ultra Foam Fortron Industries Verizon Wireless GE Aircraft Victaulic GE- Hitachi Laser Enrichment W. R. Rayson Company, Inc. GE Nuclear Energy Wieland North America GE Nuclear Headquarters Wilmington Machinery, Inc. Guilford Inc Windsor Fiberglass HMF Therma Tru Wilmington Industrial Development, Inc. Board of Commissioners Work Session 08/15/2011 1 -1 -20 Ii Board of Commissioners Work Session 08/15/2011 1-1-21 Another important element of the EDA scope of work involves pro development services necessar for the -solicitation of EDA grant fundin In addition, SEDC serves as a depositor for thi! W most recent census informatI on and other demo Since its inception in 1968, SEDC has secured over $78 million dollars in EDA fundin within the !strict. The Commission's success is based on collaboration with other or throu the District and State. The t of projects that SEDC is currentl involved with throu the District include several Business Incubator projects, plannin projects, water/sewer infrastructure projects and rail spur UUM Board of Commissioners Work Session 08/15/2011 1-1-22 IIIIIIIIIIIIIIq List of A soince 2001 Successfull obtained more than $9.5 million in EDA fundin for 15 projects in the District I ql!11 I ip�i 1 1111 1 1 1111111!1111 1 includin completin and updatin the District Comprehensive Economic Development 0 Provided technical assistance to flve member counties and four local municipalities, two , communit colle three non-profit or and one council of g overnment with 1� IN Hil ■ qll� 1� 11 ■ F 3 Board of Commissioners Work Session 08/15/2011 1-1-23 is i Ln 0 E CL 0 WOuur U .E 0 r. 0 W 0 C) 4-J a E Uj Board of Commissioners Work Session 08/15/2011 1 -1 -24 '�'. M� '. ■ #� ■ �! # ': '� � fir. � t' valm Mumma Ow 1114"Ol R as WPM a- r ! i r 4w 7l f yam, ', i ■., a ' i 4ft MPH 4 ■ ■ AIM ;r � y y � # E i ■ { Board of Commissioners Work Session 08/15/2011 1 -1 -24 This page intentionally left blank. NEW HANOVER COUNTY BOARD OF COMMISSIONERS REQUEST FOR BOARD ACTION MEETING DATE: August 15, 2011 REGULAR ITEM: 2 DEPARTMENT: PRESENTER(S): Bruce T. Shell, County Manager and Cam Griffin, Budget Director CONTACT(S): Bruce T. Shell, County Manager and Cam Griffin, Budget Director SUBJECT: Non - County Agency Funding BRIEF SUMMARY: RECOMMENDED MOTION AND REQUESTED ACTIONS: ATTACHMENTS: Non - County Agencies Information COUNTY MANAGER'S COMMENTS AND RECOMMENDATIONS: (only Manager) Board of Commissioners Work Session 08/15/2011 2 -0 Work Session for August 15, 2011 Non - County Agencies Work Session County Commissioners Assembly Room (Historic Court House) (After regular Board Meeting) Budget Department New Hanover County August 15, 2011 Board of Commissioners Work Session 08/15/2011 2 -1 -1 Work Session for August 15, 2011 Table of Contents Non - County Agencies: 1) Historical Perspective 2) Current Funding 3) County Requirement 4) Examples of Evaluations Tools Budget Department New Hanover County August 15, 2011 Board of Commissioners Work Session 08/15/2011 2 -1 -2 1:4 1 111 1 iiiiiiq� I Ell III! I N 11 1 a • Lf=- I. UOO mirom What additional information would be helpful to the Commissioners in makin fundin decisions? Do y ou want to increase the fundin that is available to non-profits? Mow do y ou want to improve the fundin process? Board of Commissioners Work Session 08/15/2011 2-1-3 NEW HANOVER COUNTY NON-COUNTY AGENCY CONTRIBUTIONS k D R Center, Inc. (Teen Court) 12,150$ 12,150$ 15,000$ 12 $ 12 Ikmerican Red Cross (Cape Fear Chapter) 0 0 10,000 0 0 Arid Serenit Association, Inc. 0 0 115 0 0 e Ribbon Commission (Youth Violence) 5,000 5,000 10,000 5 5 ...ape Fear Literac Council 4 4p1 51 7,500 4,050 4,050 C.arousel Center 16,200 16,200 20 16 16.200 Coastal Horizons/Crisis Line/Open House 26 26,811 40,000 26,811 26pal 1 Coastal Horizons/Rape Crisis Center 8,937 8X7 20,000 8,937 8,937 C.ommunities in Schools of Cape Fear 0 0 25 0 0 Communit Bo & Girls Club of Wilmin 0 0 50,000 0 0 Domestic Violence Shelter & Services, Inc. 14 14 14,300 14,300 14,300 Elderhaus, Inc. 44,613 44, 63 44,613 44,613 Food Bank ■ Central & Eastern NC 4,050 4,050 10,000 4 4X0 Girls, Inc. 0 0 62,600 0 ■ Good Shepherd Center 8,100 8 50,000 8,100 8,100 Kids Makin It, Inc. 0 0 25,000 0 0 Smart Start ■ Now Hisnover Count 0 0 5,000 0 0 I en Year Plan to End Chronic Homelessness 25 25 25,000 25,000 25,000 The Queen's Court Outreach Pro 0 0 51000 0 0- Wilmin CareNet Counselin Center 0 0 5,000 0 0 TOTAL HUMAN SERVICES: $ 1 69j,211 $ 169j211 $ 577 169. S 169 CULTURAL AND RECREATIONAL: Arts Council for New Hanover Count $ 0$ 0$ 25 $ 0$ 0 Cameron Art Museum 50,000 0 50,000 0 0 Children's Museum 5?000 5 5 5 5 Cucalorus Film Foundation 0 0 6,000 0 0 Le Stadium Committee 203,868 198,451 193,182 193,182 193,182 TOTAL CULTURAL AND RECREATIONAL: $ 258j868$ 203p451 $ 279j182$ 198r182 $ 198p182 ECONOMIC AND PHYSICAL DEVELOPMENT: Cape Fear Council of Government $ 26,788$ 25 $ 88$ 25,788$ 25,788 Cape Fear Public Transportation Authorit (WAVE) 132,939 132,939 282,939 132,939 132,939 Cape Fear Resource Conservation & Develop. 2,430 2,430 9,000 2 2 Wilmin Industrial/Gommittee of 100 134 134 160 134 134 134 Hi 17 Association 0 0 10,000 0 0 Keep Amedca Beautiful ■ INHC 25,000 0 0 New Hanover Port, Waterwa & Beach Comm. 4,500 0 2p5OO 2 2 Now Hanover Soil & Water Conservation District 451500 45,500 60,000 45,500 45,500 North Carolina Beach, Inlet & Waterwa 2,000 2,000 2,000 2,000 2 NC- 20 0 0 10 0 0 Southeastern Economic Development 15,876 17,676 20,267 20,267 20,267 Wilmin Downtown, Inc. 21,086 21,086 50,000 21 j 086 50 Wilmin Re Film Commission 109,585 109,585 109585 109 109,585 TOTAL ECONOMIC AND PHYSICAL DEV: $ 493t864$ 49lvl64$ 7413239 $ 4,96 $ 525,169 TOTAL $ 921,943$ 863 $ 1 S 863p648 $ 8929562 ilew Hanover Port, Waterwa & Beach Commission will be funded from Room Occupanc Tax fund. Multi- Contracts Service was previousl funded throu the Environmental Mana Division. Pro will bll:: parball funded'b the Airile Foundation and absorbed into Parks, Gardens and Senior Resource Center. Board of Commissioners Work Session 08/15/2011 2-1-4 Fil PW - r� 0 E2 O� - 0 9 +� > E co U- M " 0 E �-+ 0 � M M 0-0 0 C% 0 e CD > 1.47 co CL 0 E E 0 0 E cv E � 'a 0 0 i cq +2 no W > E� G 7 0 } > = L :3 co W •L 'L 0 V i li • L •= ch _ _ •- 0 . cl I LO x 0 �C �. , ] C � 04 C Q 0 0 0 W _ E � Q 0 0 > r Z '0 0 0 z w z D z r C (D = LL 0 U) 0) L 12 M L _0 4 0 ` 0 - 0 :3 0 2 CL .- •E M CD CL 0 .2 € C ❑ E ;5 � C? 0 Mp _ Q'� r G CD � > .— ,... 0 c M 2 Q 0 C. 0 >- < LL- J 0 LL LL C C) C) 0 0 f*- C) CO CD C) C) CD CD C) LO 0 0 00 0 0 1%- r 00 U) a 0 0 MC) � LD CD CD CD M CC) 00 00 coM0co 0 03 r% C) C) N oo 0) M co C r CD CD 4F LO LO 0 P.- -t C) MI 1 0] CD N LO I t eD co CC N t qI T 00 t.6 L � K C F i q `T T U- " F CST C D, � t M t co , N C M C) LO T T V ' L N Fil PW - r� i i' ■ Board of Commissioners Work Session 08/15/2011 2 -1 -5 0 E2 O� - 9 +� > E + M " 0 E 0 . E 0 E: 0 C% 0 e > CL cn z _ CL 0 E E 0 0 E cv E � 'a 0 0 J LJJ L E > E� G 7 0 ® •L 'L 0 V i li • L •= ch _ _ •- 0 2 i 0 �C �. < m 0 0 0 0 0 W LL (1) E- Q Lu ( Z '0 0 0 z w z D z i i' ■ Board of Commissioners Work Session 08/15/2011 2 -1 -5 �..+ M >, � -0 r L L C L E Q r— w C co L Q L C ■ W 0 M ` r. �-+ 0 0 M t! r0 ,_0 1 M z 0. _ 4-4 CO C CIQ F� L 0 [d 1.rt W 0 ' _ } L Q W 0 ++ r ..y �0 0 ;y ' 3`1.+ r ca c U- ��yy M W � } ca ca 0 0 0 � c j-.■ �■ � (D CD 0 EF ca co r vJ R � N L � — �1� L 4- nk > C Z! 9 L { 47 2 0 0 M G O z M 'FO 2 a) C � .0 �} M C� M C 0 ZC}D 0 0 cL C E 0 0 c[ 0 co CD w a 0 CD 0 r (D 0 CD ' u R J l _ � I F Y� 0 C 1 M c 0:31 e09- Board of Commissioners Work Session 08/15/2011 2 -1 -6 ■ y 0 T IM ■ T 0 y � T F� 0 LU cn 0 CU Lm j.-a %pj_ E 0 00 — 2 0 0 ca `= M N Ems: - u rn . c � _ w ■c 0 0 z z IOL :3 Board of Commissioners Work Session 08/15/2011 2 -1 -6 } F I k lF J F j ■ } leduct Contribution Amount 1320939.011 - Amount 1 Board of Commissioners Work Session 08/15/2011 2 -1 -7 Account - Paid Inv Amount 11008101 FINANCE SALE FIXED ASSETS 91631.311 11008250 NONDEPARTMENTAL CONTRIBUTION-WAVE TRANSIT 1321939.01' 11061080 HEALTH CONTRACTED SERVICES 21010.011 11062300 DSS VARIOUS 607,491.3,f 11068100 SENIOR RESOURCE CENTER VARIOUS 1411124.71 953 OTHER ESCROWS FLOW THRU GRANTS - OUTSIDE AGENCY 2453955-00 leduct Contribution Amount 1320939.011 - Amount 1 Board of Commissioners Work Session 08/15/2011 2 -1 -7 A Address: Telephone: E-.1-ffail 1:1111 40 I * . A 0 ft Total amount of funds received from New Hanover Count for FY1 0-11 (if applicable) -$ Total amount REOUESTED for FY11-12 IM I plill ,11 11 1 1� I - - 9111� zjjjzDjjflEM If fundin is approved, y ou will be re to provide a cop of y our current IRS Tax Exemption Letter. Board of Commissioners Work Session 08/15/2011 2-1-8 E Board of Commissioners Work Session 08/15/2011 2 -1 -9 f Oil r explain how y our pro will enhance or replace Count services. Board of Commissioners Work Session 08/15/2011 2 -1 -10 11111piplipill -1 111 1 111111 1 j 1 1111 111 11111 � 11111111111111111 0 111 41 if$ What service(s) / pro will y ou provide to New Hanover Count residents the the Count does not currentl have available? Board of Commissioners Work Session 08/15/2011 4 2-1-11 USE OF FUNDS: Please describe specificall how y our A will use the funds. Include the primar beneficiaries of the pro the expected number of clients served, the g eo g raphical area to be served, and an approximate timetable for completionD Did y ou receive an g rant or other funds that flow throu the Count that are not I part of y our Count allocation for FY1 0-1 ? If y es, what was the fundin source an4 ,1111TOUTt? Do y ou anticipate g rant or other funds that will flow throu the Count that would not be part of the Count allocation for FY1 1-1 2? If y es, what would the fundin source be and the estimated amount? Board of Commissioners Work Session 08/15/2011 5 2-1-12 BUDGET INFORMATION Complete the followin to show anticipated revenue and expenditures for FYII-12 FYI 1-12 TOTAL FY11-12 Counbi BUDGET Funds New Hanover Count (re am , Specif other revenue sources below�i Board of Commissioners Work Session 08/15/2011 2-1-13 F+11-12 TOTAL FY21-12 County BUDGET Funds *:411,401-11 k 01 :1 w-Itul.- Board of Commissioners Work Session 08/15/2011 2-1-14 M. Maw Job Title: k to] El will WA I'Ll I EYIO-11 Sala FY10-11 cou Bu Portion b Positio Board of Commissioners Work Session 08/15/2011 2-1-15 EXHIBIT B NEW HANOVER COUNTY *UTSIDE AGENCY PROCEDURES A contract between an outside a and New Hanover Count must be completed and executed prior to release of Count funds. A. AUDIT (Unless speccall exempt b General Statute.) L. An a receivin fundin over Ten Thousand ( $10,000) Dollars is re to obtain an annual certed audit. This audit must be conducted b a Certified Public Accountant (CPA) in accordance with standards established b the American Institute of Certified Public Accountants (AICPA),, 2. Must be submitted to the Bud Department within 90 days after fiscal y ear e V 3. Must include a schedule detailin the sources and uses of Count funds. 4. Copies of an audit report prepared b federal or state auditors must be provided to the Bud Department upon receipt b the audited or B . REVIEW ( Must be submitted if exempted b General Statute from havm' an audit.) 2. Must be submitted to the Bud Department within 90 days after fiscal y ear up� end. 3. Must include a schedule detailin the sources and uses of Count funds- 4. Copies of an review report prepared b federal or state auditors must be 6 provided to the Bud Department upon receipt b the audited or Board of Commissioners Work Session 08/15/2011 2-1-16 1111. BUDGET APPROVED PROGRAM BUDGET Upon approval b the Count Commi* ssioners, a pro bud approved b th-7 .2- g enc y 's g overnin g board must be included with contract and returned to the Le L kepartment prior to the release of Count fands. ALL CONTRACTS MUST BE NETURNED TO THE. LEGAL DEPARTMENT BY DECEMMER 1. 20110 Copies of all Board Meeting Minutes must be submitted to the Bud Department within 10 da after approval b the or g overnin g board. V. PAYMENT AUTHORIZATION All pa authorizations have to be initiated b the Bud Department. N* authorization will be approved unless all applicable re have been met. I. TRAVEL AND PERSONNEL POLICY A personnel and travel polic (approved b the or g ovemin g bod must be attached to the contract as EXHIBIT C if the or has paid emplo or reimburses an for travel, meals, or auto milea Board of Commissioners Work Session 08/15/2011 2-1-17 CITY of WILMINGTON EVALUATION of NON-CONSTRUCTION APPLICATIONS FISCAL YEAR 2010 -11 AGENCY INANE: INTERVIE DATE: 1. Application is extensively incomplete inaccurate, or not signed ( -25 Points) 2. faint application (+25 Points) 3. Applicant/Agency Information (25 Points) Confirmation of 501(c) (3) nonprofit status by the IRS (2) a IRS 990 attached (2) ■ Organizational chart attached and complete ( * Board of Directors list attached (2 ■ Audit or financial review attached ( ) 9 Management Policies ( 0 Outstanding lawsuits, judgments, bankruptcy ( -5) 0 Evidence of Conflict of Interest ( -5) Two years experience as a nonprofit (3) At least one year experience in operating the program(3) Stable, trained, experienced, certified management staff (3 ) - - Capacity to sustain the project and meet government regulations (4) 4. Program Overview (5 Points) Meets an objective of the Wilmington City Council's Strategic Plan (5) Meets a HUD national objective (5) Serves low- to moderate- income clientele (5 Consistent with the City's Five -Year Consolidated Plan 5) - -- (Priority: H=5; M=3 L =1) • Agency has operated the program for at least one year (5) 5. Budget (25 Points) 0 Budget is reasonable and realistic (5) ■ Budget is complete and accurate ( Diversity of finding sources — good leveraging (5) 9 Request for City to fi .d is less than 35% of program budget 5) 0 No audit or financial findings 5 6. Work Plan/Performance Management (5 Points) R Program schedule is reasonable and realistic (5) io Agency appears to understand the concept and importance of milestones (5) qw Goals are clearly defined and measurable (5) Outcomes clearly demonstrate a positive impact on the community (5 Measurement tools are clear and concise 5) 7. Past Performance 0 Previous City contracts signed and returned promptly (5) 0 Previous or existing program on target (5) 0 Quarterly reports and hoard minutes submitted on time (5) Reimbursement requests timely and accurate (5) Prior monitoring findings /comments corrected 5 (25 Points) Board of Commissioners Work Session 08/15/2011 2 -1 -18 till) i S N311 t t0.5 t � <�Y�fi �al�bSlo7 nunnu,Ury; i i U n Red W ay EDUCA of the Cape Fear Area Target Category, check all that apply: Academics /Literacy , , Social Competence F amil y /Support 70 Focus on vul nerable p opula ti ons and their access to the pro gram Comments: 5 Show hover the program fits in the education continuum from birth to adulthood Comments: to Show a level of collaboration and /or continuity of services (see ffC on Glossary page) Comments: 20 Address program accessibility (e transportation) Comments: 5 Program connects clients to other appropriate services to address unmet needs Comments: 5 Utilize proven evaluation tools to demonstrate qualitative and quantitative outcomes that are concrete and have measurable indicators Comments: 10 Incorporate the identified education components: Academics /Literacy, Social Competence, Fa m iIy/Su ppo rt (see "Social Competenc'e on Glossary pope) Comments: Synergetic relationships and continuity within and between Impact Areas Comments: 10 6� Board of Commissioners Work Session 08/15/2011 2 -1 -19 Cost Effectiveness.* Possible Based on the services pror►ided: Scare Score - 20 The pro bud is ade to provide services and achieve desired outcomes Comments: Board of Commissioners Work Session 08/15/2011 2-1-20 10 The pro maximizes resources to provide the g reatest impact Comments: 101 Over Impact of United Wa Fundin Possible Based upon Or Capacit Experience, and Diversit of Fundin Score Score The applicant has the abilt to levera fundin with other resources Comments: 5 The pro are scaleable, if less than total re is awarded Comments: 5 Board of Commissioners Work Session 08/15/2011 2-1-20 This page intentionally left blank. NEW HANOVER COUNTY BOARD OF COMMISSIONERS REQUEST FOR BOARD ACTION MEETING DATE: August 15, 2011 REGULAR ITEM: 3 DEPARTMENT: PRESENTER(S): Bruce T. Shell, County Manager and Avril Pinder, Finance Director CONTACT(S): Bruce T. Shell, County Manager and Avril Pinder, Finance Director SUBJECT: Debt Service BRIEF SUMMARY: RECOMMENDED MOTION AND REQUESTED ACTIONS: ATTACHMENTS: Debt Presentation COUNTY MANAGER'S COMMENTS AND RECOMMENDATIONS: (only Manager) Board of Commissioners Work Session 08/15/2011 3 -0 New Hanover County, North Carolina I 1 t::,k ) ,' I 7 f { ( a � � � r� ��E[ t. II �J ,€ � �Y� ��f. t �� f f � 1� {�� (� � ,,, I ll} � 4 d �� ,, {t ��,I �� k �� a. ��I �P „�� ,�� r.. ,,� n r Ui k .. .... . .. Debt Presentation to County Commissioners August 15, 2011 Board of Commissioners Work Session 08/15/2011 3 -1 -1 NEW HANOVER COUNTY DEBT SERVICE FOR NEXT FIVE YEARS Existing Debt by Purpose As of 6/30/11 Cape Fear Community College CFCC 2002 General Obligation Bonds CFCC 2004 General Obligation Bonds (Refunding) CFCC 2005 General Obligation Bonds (Refunding) CFCC 2009A General Obligation Bonds (Refunding) CFCC 2010 General Obligation Bonds CFCC existing outstanding debt Reimbursement Federal ARRA Stimulus Recovery Net CFCC existing outstanding debt New Hanover County Public Schools 2002 General Obligation Bonds 2003 General Obligation Bonds (Refunding) 2004 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (fixed issued) 2005 General Obligation Bonds (variable issued) 2007 General Obligation Bonds 2009 General Obligation Bonds (Refunding) 2009 General Obligation Bonds 2010 Qualified School Construction Bonds NHC Public Schools existing outstanding debt Reimbursement Federal ARRA Stimulus Recovery Net Public School existing outstanding debt All Other Uses Parks and Recreation Bonds 2008 Parks and Recreation Bonds 2010 1999 Lease purchase 138 North Fourth Street 2001 COP - Jail, Parking Deck, Library 2003 COP - Administration Annex Building 2003 COP - Airport Improvements 2005A COP - Refunding 2005B COP - Refunding 2006 CISCO Phone System 2010 Refunding LOBS -2000 COPS 2010 Refunding LOBS -2001 COPS 2010 Refunding LOBS - Airport Customs Building 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS -Jail Expansion Land 2010 Refunding LOBS - Government Center 2010 Refunding LOBS -800 mhz System 2010 800 mhz Radios 2003 Water Sewer 2003 Water Sewer - Refunding 2005A Water Sewer - Refunding All other uses existing outstanding debt Reimbursement CFPUA water / sewer debt less subsidy City of Wilmington for Park Bonds Airport Authority Net all other uses Total Net General Fund Supported existing debt Fire District 2003 COP - Federal Point 2008 Ladder Truck 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS - Murrayville Fire Station 2011 Fire Engine /Fire Tankers (2) Fire Services existing debt Original Principal Principal Interest Existing Existing Existing Existing Existing Amount Amount Only Only Debt Service Debt Service Debt Service Debt Service Debt Service Borrowed Outstanding FY 11 -12 FY 11 -12 FY 11 -12 FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 5,255,120 656,890 656,890 29,560 686,450 0 0 0 0 10,510,050 9,183,350 864,550 412,044 1,276,594 1,228,833 1,181,305 1,133,034 1,085,045 10,516,220 7,447,430 952,879 330,170 1,283,049 1,235,801 1,192,389 1,146,329 1,100,613 8,701,817 8,654,830 342,070 396,247 738,317 1,296,425 1,252,778 1,208,309 1,163,062 66,715,000 66,715,000 3,340,000 3,088,348 6,428,348 6,339,368 6,239,082 6,151,792 6,045,087 101,698,207 92,657,500 6,156,389 4,256,369 10,412,758 10,100,427 9,865,554 9,639,464 9,393,807 (731,380) (731,380) (731,380) (731,380) (731,380) (731,380) 101,698,207 92,657,500 6,156,389 3,524,989 9,681,378 9,369,048 9,134,174 8,908,085 8,662,428 5,144,880 643,110 643,110 28,940 672,050 0 0 0 0 13,745,000 2,145,000 2,145,000 107,250 2,252,250 0 0 0 0 36,914,950 33,616,650 2,980,450 1,504,281 4,484,731 4,320,743 4,157,521 3,991,168 3,825,782 7,748,780 5,487,570 702,120 243,282 945,402 910,589 878,602 844,662 810,976 15,000,000 11,250,000 750,000 456,188 1,206,188 1,176,188 1,148,064 1,118,064 1,088,064 15,000,000 11,250,000 750,000 440,000 1,190,000 1,160,000 1,130,000 1,100,000 1,070,000 50,000,000 42,500,000 2,500,000 1,805,000 4,305,000 4,198,750 4,092,500 3,992,500 3,892,500 40,268,080 40,050,167 1,582,930 1,833,628 3,416,558 5,999,197 5,797,222 5,591,441 5,382,063 43,000,000 41,500,000 1,500,000 1,642,500 3,142,500 3,097,500 3,045,000 3,000,000 2,955,000 4,925,744 4,761,553 328,384 263,452 591,836 573,348 554,860 536,374 517,886 231,747,434 193,204,050 13,881,994 8,324,521 22,206,515 21,436,315 20,803,769 20,174,209 19,542,271 (263,452) (263,452) (244,964) (226,476) (207,990) (189,502) 231,747,434 193,204,050 13,881,994 8,061,069 21,943,063 21,191,351 20,577,293 19,966,219 19,352,769 18,000,000 16,500,000 750,000 668,325 1,418,325 1,384,575 1,354,575 1,317,076 1,290,826 16,315,000 16,315,000 815,000 650,139 1,465,139 1,427,820 1,383,256 1,342,246 1,297,052 1,100,000 490,501 65,413 24,287 89,700 89,700 89,700 89,700 89,700 23,375,000 3,275,000 3,275,000 65,500 3,340,500 0 0 0 0 6,535,000 3,900,000 325,000 181,188 506,188 495,219 483,844 467,594 451,344 3,850,000 770,000 385,000 26,469 411,469 398,475 0 0 0 6,405,500 4,945,000 630,200 175,640 805,840 808,640 807,433 807,990 806,702 19,800,000 19,425,000 0 971,250 971,250 971,250 4,159,500 3,991,125 3,818,125 1,000,000 100,000 100,000 1,594 101,594 0 0 0 0 11,872,363 10,154,457 1,074,441 448,848 1,523,289 1,466,418 1,399,070 1,343,926 1,288,625 15,882,750 15,882,750 0 717,932 717,932 3,929,921 609,572 615,297 620,037 2,218,759 2,004,665 211,361 73,582 284,943 275,074 264,511 255,777 246,815 1,470,054 1,349,792 118,727 49,326 168,053 162,788 157,177 152,396 147,474 4,374,635 4,066,070 304,626 158,872 463,498 450,942 437,666 425,720 413,360 3,951,409 3,398,022 546,324 121,920 668,244 640,721 611,050 587,789 564,062 5,046,961 4,181,072 854,837 141,826 996,663 953,234 906,263 870,526 834,158 969,952 735,119 193,507 17,036 210,543 210,543 210,543 140,362 0 27,825,000 18,905,000 1,115,000 877,106 1,992,106 1,954,475 1,915,450 1,859,700 1,803,950 15,805,000 1,125,000 1,125,000 33,750 1,158,750 0 0 0 0 7,241,000 5,590,000 712,400 198,549 910,949 914,115 912,750 913,380 911,924 193,038,383 133,112,448 12,601,836 5,603,139 18,204,975 16,533,909 15,702,360 15,180,603 14,584,155 (1,052,400) (1,109,405) (2,161,805) (968,590) (1,308,200) (1,633,080) (1,955,874) (753,057) (637,502) (1,390,559) (1,372,726) (1,345,644) (1,316,083) (1,292,326) (596,361) (100,051) (696,412) (673,549) (264,511) (255,777) (246,815) 193,038,383 133,112,448 10,200,018 3,756,181 13,956,199 13,519,044 12,784,005 11,975,663 11,089,140 526,484,024 418,973,997 30,238,401 15,342,239 45,580,640 44,079,443 42,495,472 40,849,967 39,104,337 1,300,000 780,000 65,000 36,238 101,238 99,044 96,769 93,519 90,269 844,551 351,834 173,348 9,085 182,433 182,433 0 0 0 1,470,054 1,349,792 118,727 49,326 168,053 162,788 157,177 152,396 147,474 2,882,241 2,678,943 200,704 104,673 305,377 297,104 288,358 280,487 272,344 943,319 943,319 310,032 12,212 322,244 322,244 322,244 0 0 7,440,165 6,103,888 867,811 211,534 1,079,345 1,063,614 864,547 526,401 510,087 Board of Commissioners Work Session 08/15/2011 3 -1 -2 NEW HANOVER COUNTY DEBT SERVICE FOR NEXT FIVE YEARS Existing Debt by Purpose As of 6/30/11 Environmental Management 2005A COP - Refunding - Landfill 2008 Bulldozer and Loader - Landfill 2010 Refunding LOBS -2000 COPS Environmental Management existing debt Total All Existing Debt Outstanding Less Reimbursements Total Net All Existing Debt Service Original Amount Borrowed Principal Amount Outstanding Principal Only FY 11 -12 Interest Only FY 11 -12 Existing Debt Service FY 11 -12 Existing Existing Existing Existing Debt Service Debt Service Debt Service Debt Service FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 278,500 215,000 27,400 7,637 35,037 35,158 35,106 35,130 35,074 793,299 330,482 162,828 8,534 171,362 171,363 0 0 0 665,775 569,439 60,253 25,170 85,423 82,233 78,457 75,364 72,263 1,737,574 1,114,921 250,481 41,341 291,822 288,755 113,562 110,494 107,337 $535,661,764 $426,192,806 $33,758,511 $18,436,904 $52,195,415 $49,423,020 $47,349,792 $45,631,172 $44,137,657 $0 $0 ($2,401,818) ($2,841,790) ($5,243,608) ($3,991,208) ($3,876,210) ($4,144,309) ($4,415,897) $535,661,764 $426,192,806 $31,356,693 $15,595,114 $46,951,807 $45,431,812 $43,473,582 $41,486,863 $39,721,760 Board of Commissioners Work Session 08/15/2011 3 -1 -3 New Hanover County Proposed Future Debt Cape Fear Community College CFCC Bonds ($60M to be sold Mar. 2012) CFCC Bonds ($34M to be sold Dec. 2013) CFCC proposed future debt Other Uses 320 Chestnut St. Renovations Other Uses proposed future debt Environmental Management Compactor - Landfill Articulated Dump Truck - Landfill Bailer- Recycling Environmental Management proposed future debl Total All Future Debt Original Future Future Future Future Amount Debt Service Debt Service Debt Service Debt Service Borrowed FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 60, 000, 000 5 4 4 4 34, 000, 000 0 2 2 2 94,000 5,001,250 7 7 7 9 687 687 687 687 9 687 687 687 687 895 316 316 316 316 300 66 66 66 66 205 45 45 45 45 1 429 429 429 429 104 6 8,901,953 8 8 Board of Commissioners Work Session 08/15/2011 3 -1 -4 Existing and Future Debt by Purpose As of 6/30/11 Cape Fear Community College - Existing CFCC 2002 General Obligation Bonds CFCC 2004 General Obligation Bonds (Refunding) CFCC 2005 General Obligation Bonds (Refunding) CFCC 2009A General Obligation Bonds (Refunding) CFCC 2010 General Obligation Bonds CFCC existing outstanding debt Reimbursement: Federal ARRA Stimulus Recovery Net CFCC existing outstanding debt Cape Fear Community College - Future CFCC Bonds ($60M to be sold Mar. 2012) CFCC Bonds ($34M to be sold Dec. 2013) CFCC future debt Total CFCC existing and future debt New Hanover County Public Schools 2002 General Obligation Bonds 2003 General Obligation Bonds (Refunding) 2004 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (fixed issued) 2005 General Obligation Bonds (variable issued) 2007 General Obligation Bonds 2009 General Obligation Bonds (Refunding) 2009 General Obligation Bonds 2010 Qualified School Construction Bonds NHC Public Schools current outstanding debt Reimbursement Federal ARRA Stimulus Recovery Net Public School current outstanding debt All Other Uses - Existing Parks and Recreation Bonds 2008 Parks and Recreation Bonds 2010 1999 Lease purchase 138 North Fourth Street 2001 COP - Jail, Parking Deck, Library 2003 COP - Administration Annex Building 2003 COP - Airport Improvements 2005A COP - Refunding 2005B COP - Refunding 2006 CISCO Phone System 2010 Refunding LOBS -2000 COPS 2010 Refunding LOBS -2001 COPS 2010 Refunding LOBS - Airport Customs Building 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS -Jail Expansion Land 2010 Refunding LOBS - Government Center 2010 Refunding LOBS -800 mhz System 2010 800 mhz Radios 2003 Water Sewer 2003 Water Sewer - Refunding 2005A Water Sewer - Refunding All other uses current outstanding debt Reimbursements: CFPUA water / sewer debt less subsidy City of Wilmington for Park Bonds Airport Authority Net all other uses All Other Uses - Future 320 Chestnut St. Renovations Total Other Uses existing and future Total Net General Fund existing and future debt servic Original Principal Principal Interest Existing Future Future Future Future Amount Amount Only Only Debt Service Debt Service Debt Service Debt Service Debt Service Borrowed Outstanding FY 11 -12 FY 11 -12 FY 11 -12 FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 5,255,120 656,890 656,890 29,560 686,450 0 0 0 0 10, 510, 050 9,183, 350 864,550 412,044 1,276,594 1,228,833 1,181, 305 1,133, 034 1,085,045 10, 516, 220 7,447,430 952,879 330,170 1,283,049 1,235,801 1,192, 389 1,146, 329 1,100, 613 8,701,817 8,654,830 342,070 396,247 738,317 1,296,425 1,252,778 1,208,309 1,163, 062 66, 715, 000 66, 715, 000 3,340,000 3,088,348 6,428,348 6,339,368 6,239,082 6,151, 792 6,045,087 101, 698, 207 92, 657, 500 6,156, 389 4,256,369 10, 412, 758 10,100, 427 9,865,554 9,639,464 9,393,807 (731,380) (731,380) (731,380) (731,380) (731,380) (731,380) 101, 698, 207 92, 657, 500 6,156, 389 3,524,989 9,681,378 9,369,048 9,134,174 8,908,085 8,662,428 60, 000, 000 60, 000, 000 0 0 0 5,001,250 4,945,950 4,890,650 4,807,700 34, 000, 000 34, 000, 000 0 0 0 0 2,839,500 2,808,100 2,776,700 94, 000, 000 94, 000, 000 0 0 0 5,001,250 7,785,450 7,698,750 7,584,400 195, 698, 207 186, 657, 500 6,156, 389 3,524,989 9,681,378 14, 370, 298 16, 919, 624 16, 606, 835 16, 246, 828 5,144, 880 643,110 643,110 28,940 672,050 0 0 0 0 13, 745, 000 2,145, 000 2,145, 000 107,250 2,252,250 0 0 0 0 36, 914, 950 33, 616, 650 2,980,450 1,504,281 4,484,731 4,320,743 4,157, 521 3,991,168 3,825,782 7,748,780 5,487,570 702,120 243,282 945,402 910,589 878,602 844,662 810,976 15, 000, 000 11, 250, 000 750,000 456,188 1,206,188 1,176,188 1,148, 064 1,118, 064 1,088,064 15, 000, 000 11, 250, 000 750,000 440,000 1,190, 000 1,160, 000 1,130, 000 1,100, 000 1,070,000 50, 000, 000 42, 500, 000 2,500,000 1,805,000 4,305,000 4,198, 750 4,092,500 3,992,500 3,892,500 40, 268, 080 40, 050,167 1,582,930 1,833,628 3,416,558 5,999,197 5,797,222 5,591,441 5,382,063 43, 000, 000 41, 500, 000 1,500,000 1,642,500 3,142, 500 3,097,500 3,045,000 3,000,000 2,955,000 4,925,744 4,761,553 328,384 263,452 591,836 573,348 554,860 536,374 517,886 231, 747, 434 193, 204, 050 13, 881, 994 8,324,521 22, 206, 515 21, 436, 315 20, 803, 769 20,174, 209 19, 542, 271 (263,452) (263,452) (244,964) (226,476) (207,990) (189,502) 231, 747, 434 193, 204, 050 13, 881, 994 8,061,069 21, 943, 063 21,191, 351 20, 577, 293 19, 966, 219 19, 352, 769 18, 000, 000 16, 500, 000 750,000 668,325 1,418,325 1,384,575 1,354,575 1,317,076 1,290,826 16, 315, 000 16, 315, 000 815,000 650,139 1,465,139 1,427,820 1,383,256 1,342,246 1,297,052 1,100, 000 490,501 65,413 24,287 89,700 89,700 89,700 89,700 89,700 23, 375, 000 3,275,000 3,275,000 65,500 3,340,500 0 0 0 0 6,535,000 3,900,000 325,000 181,188 506,188 495,219 483,844 467,594 451,344 3,850,000 770,000 385,000 26,469 411,469 398,475 0 0 0 6,405,500 4,945,000 630,200 175,640 805,840 808,640 807,433 807,990 806,702 19, 800, 000 19, 425, 000 0 971,250 971,250 971,250 4,159, 500 3,991,125 3,818,125 1,000,000 100,000 100,000 1,594 101,594 0 0 0 0 11, 872, 363 10,154, 457 1,074,441 448,848 1,523,289 1,466,418 1,399,070 1,343,926 1,288,625 15, 882, 750 15, 882, 750 0 717,932 717,932 3,929,921 609,572 615,297 620,037 2,218,759 2,004,665 211,361 73,582 284,943 275,074 264,511 255,777 246,815 1,470,054 1,349,792 118,727 49,326 168,053 162,788 157,177 152,396 147,474 4,374,635 4,066,070 304,626 158,872 463,498 450,942 437,666 425,720 413,360 3,951,409 3,398,022 546,324 121,920 668,244 640,721 611,050 587,789 564,062 5,046,961 4,181, 072 854,837 141,826 996,663 953,234 906,263 870,526 834,158 969,952 735,119 193,507 17,036 210,543 210,543 210,543 140,362 0 27, 825, 000 18, 905, 000 1,115, 000 877,106 1,992,106 1,954,475 1,915,450 1,859,700 1,803,950 15, 805, 000 1,125, 000 1,125, 000 33,750 1,158, 750 0 0 0 0 7,241,000 5,590,000 712,400 198,549 910,949 914,115 912,750 913,380 911,924 193, 038, 383 133,112, 448 12, 601, 836 5,603,139 18, 204, 975 16, 533, 909 15, 702, 360 15,180, 603 14, 584,155 (1,052,400) (1,109,405) (2,161,805) (968,590) (1,308,200) (1,633,080) (1,955,874) (753,057) (637,502) (1,390,559) (1,372,726) (1,345,644) (1,316,083) (1,292,326) (596, 361) (100, 051) (696, 412) (673, 549) (264, 511) (255, 777) (246, 815) 193, 038, 383 133,112, 448 10, 200, 018 3,756,181 13, 956,199 13, 519, 044 12, 784, 005 11, 975, 663 11, 089,140 9,000,000 9,000,000 0 0 0 687,193 687,193 687,193 687,193 202, 038, 383 142,112, 448 10, 200, 018 3,756,181 13, 956,199 14, 206, 237 13, 471,198 12, 662, 856 11, 776, 333 629, 484, 024 521, 973, 997 30, 238, 401 15, 342, 239 45, 580, 640 49, 767, 886 50, 968,115 49, 235, 910 47, 375, 930 Board of Commissioners Work Session 08/15/2011 3 -1 -5 Existing and Future Debt by Purpose As of 6/30/11 Fire District 2003 COP - Federal Point 2008 Ladder Truck 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS - Murrayville Fire Station 2011 Fire Engine /Fire Tankers (2) Fire Services current outstanding debt Environmental Management - Existing 2005A COP - Refunding - Landfill 2008 Bulldozer and Loader - Landfill 2010 Refunding LOBS -2000 COPS Environmental Management existing outstanding debt Environmental Management - Future Compactor - Landfill Articulated Dump Truck - Landfill Bailer - Recycling Environmental Management Future debt service Total Environmental Management existing and future Total Net All Existing Debt Outstanding Original Principal Principal Interest Existing Future Future Future Future Amount Amount Only Only Debt Service Debt Service Debt Service Debt Service Debt Service Borrowed Outstanding FY 11 -12 FY 11 -12 FY 11 -12 FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 1,300,000 780,000 65,000 36,238 101,238 99,044 96,769 93,519 90,269 844,551 351,834 173,348 9,085 182,433 182,433 0 0 0 1,470,054 1,349,792 118,727 49,326 168,053 162,788 157,177 152,396 147,474 2,882,241 2,678,943 200,704 104,673 305,377 297,104 288,358 280,487 272,344 943,319 943,319 310,032 12,212 322,244 322,244 322,244 0 0 7,440,165 6,103, 888 867,811 211,534 1,079,345 1,063,614 864,547 526,401 510,087 278,500 215,000 27,400 7,637 35,037 35,158 35,106 35,130 35,074 793,299 330,482 162,828 8,534 171,362 171,363 0 0 0 665,775 569,439 60,253 25,170 85,423 82,233 78,457 75,364 72,263 1,737,574 1,114, 921 250,481 41,341 291,822 288,755 113,562 110,494 107,337 895,000 895,000 316,870 316,870 316,870 316,870 300,000 300,000 66,796 66,796 66,796 66,796 205,000 205,000 45,644 45,644 45,644 45,644 1,400,000 1,400,000 0 0 0 429,310 429,310 429,310 429,310 3,137, 574 2,514,921 250,481 41,341 291,822 718,065 542,872 539,804 536,647 $640,061,764 $530,592,806 $31,356,693 $15,595,114 $46,951,807 $51,549,565 $52,375,535 $50,302,116 $48,422,663 Board of Commissioners Work Session 08/15/2011 3 -1 -6 New Hanover County Net Debt Service as of 6/30/11 Summary Purpose CFCC - Existing CFCC - Proposed Total CFCC SCHOOLS - Existing SCHOOLS - Proposed Total Schools ALL OTHER USES- Existing ALL OTHER USES- Proposed Total All Other Uses Total General Fund Supported Debt FIRE- Existing FIRE - Proposed Total Fire Environmental Mgmt.- Existing Environmental Mgmt.- Proposed Total Environmental Mgmt. Grand Total Total Debt Service - Existing Total Debt Service - Proposed Grand Total Net Debt Service Total Increase (Decrease) General Fund Tax rate impact NOTE: For FY 11 Value of $0.01 is $3,300,000 Debt Service FY 11 -12 Debt Service FY 12 -13 Debt Service FY 13 -14 Debt Service FY 14 -15 Debt Service FY 15 -16 9 0 9 5 9 7 8 7 8 7 9 14,370,298 16,919 16 16,246 21 0 21,191,351 0 20 0 19 0 19 0 21 21 20,577,293 19 19,352,769 13 0 13 687 12 687 11 687 11 687 13, 956,199 14, 206, 237 13,471 12, 662, 856 11, 776, 333 45 49, 767,886 50,968,115 49,235 47 1 0 1 0 864 0 526 0 510 0 1 1 864 526,401 510,087 291 0 288 429 113 429 110 429 107 429 291,822 718,065 542,872 539,804 536 46 0 45 6 43 8 41 8 39 8 46,951 51,549,565 52,375 50,302 48,422 4 825 (2 1.269 0.364 (0.525) Board of Commissioners Work Session 08/15/2011 3 -1 -7 (1 (0.564) Lei New Hanover County Existing Debt by Type As of 6/30/11 General Obligation Bonds CFCC 2002 General Obligation Bonds CFCC 2004 General Obligation Bonds (Refunding) CFCC 2005 General Obligation Bonds (Refunding) CFCC 2009A General Obligation Bonds (Refunding) CFCC 2010 General Obligation Bonds 2002 General Obligation Bonds 2003 General Obligation Bonds (Refunding) 2004 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (Refunding) 2005 General Obligation Bonds (fixed issued) 2005 General Obligation Bonds (variable issued) 2007 General Obligation Bonds 2009 General Obligation Bonds (Refunding) 2009 General Obligation Bonds Parks and Recreation Bonds 2008 Parks and Recreation Bonds 2010 2003 Water Sewer - Refunding Total General Obligation Bonds Installment Debt 1999 Lease purchase 138 North Fourth Street 2001 COP - Jail, Parking Deck, Library 2003 COP - Administration Annex Building 2003 COP - Airport Improvements 2005A COP - Refunding 2005B COP - Refunding 2006 CISCO Phone System 2010 Refunding LOBS -2000 COPS 2010 Refunding LOBS -2001 COPS 2010 Refunding LOBS - Airport Customs Building 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS -Jail Expansion Land 2010 Refunding LOBS - Government Center 2010 Refunding LOBS -800 mhz System 2010 800 mhz Radios 2003 Water Sewer 2005A Water Sewer - Refunding 2010 Qualified School Construction Bonds 2003 COP - Federal Point 2008 Ladder Truck 2010 Refunding LOBS - Public Safety Training Center 2010 Refunding LOBS - Murrayville Fire Station 2011 Fire Engine /Fire Tankers (2) 2005A COP - Refunding - Landfill 2008 Bulldozer and Loader - Landfill 2010 Refunding LOBS -2000 COPS Total Installment Debt Total All Existing Debt Original Principal Existing Existing Existing Existing Existing Amount Amount Debt Service Debt Service Debt Service Debt Service Debt Service Borrowed Outstanding FY 11 -12 FY 12 -13 FY 13 -14 FY 14 -15 FY 15 -16 5,255,120 656,890 686,450 0 0 0 0 10, 510, 050 9,183, 350 1,276,594 1,228,833 1,181, 305 1,133, 034 1,085,045 10,516,220 7,447,430 1,283,049 1,235,801 1,192,389 1,146,329 1,100,613 8,701,817 8,654,830 738,317 1,296,425 1,252,778 1,208,309 1,163,062 66, 715, 000 66, 715, 000 6,428, 348 6,339,368 6,239,082 6,151, 792 6,045,087 5,144,880 643,110 672,050 0 0 0 0 13, 745, 000 2,145, 000 2,252,250 0 0 0 0 36,914,950 33,616,650 4,484,731 4,320,743 4,157,521 3,991,168 3,825,782 7,748,780 5,487,570 945,402 910,589 878,602 844,662 810,976 15, 000, 000 11, 250, 000 1,206,188 1,176,188 1,148, 064 1,118, 064 1,088,064 15, 000, 000 11, 250, 000 1,190, 000 1,160, 000 1,130, 000 1,100, 000 1,070,000 50,000,000 42,500,000 4,305,000 4,198,750 4,092,500 3,992,500 3,892,500 40,268,080 40,050,167 3,416,558 5,999,197 5,797,222 5,591,441 5,382,063 43, 000, 000 41, 500, 000 3,142, 500 3,097,500 3,045,000 3,000,000 2,955,000 18,000,000 16,500,000 1,418,325 1,384,575 1,354,575 1,317,076 1,290,826 16, 315, 000 16, 315, 000 1,465,139 1,427, 820 1,383,256 1,342,246 1,297,052 15,805,000 1,125,000 1,158,750 0 0 0 0 378,639,897 315,039,997 36,069,651 33,775,789 32,852,294 31,936,621 31,006,070 1,100, 000 490,501 89,700 89,700 89,700 89,700 89,700 23, 375, 000 3,275,000 3,340,500 0 0 0 0 6,535,000 3,900,000 506,188 495,219 483,844 467,594 451,344 3,850,000 770,000 411,469 398,475 0 0 0 6,405,500 4,945,000 805,840 808,640 807,433 807,990 806,702 19,800,000 19,425,000 971,250 971,250 4,159,500 3,991,125 3,818,125 1,000,000 100,000 101,594 0 0 0 0 11,872,363 10,154,457 1,523,289 1,466,418 1,399,070 1,343,926 1,288,625 15,882,750 15,882,750 717,932 3,929,921 609,572 615,297 620,037 2,218,759 2,004,665 284,943 275,074 264,511 255,777 246,815 1,470,054 1,349,792 168,053 162,788 157,177 152,396 147,474 4,374,635 4,066,070 463,498 450,942 437,666 425,720 413,360 3,951,409 3,398,022 668,244 640,721 611,050 587,789 564,062 5,046,961 4,181,072 996,663 953,234 906,263 870,526 834,158 969,952 735,119 210,543 210,543 210,543 140,362 0 27,825,000 18,905,000 1,992,106 1,954,475 1,915,450 1,859,700 1,803,950 7,241,000 5,590,000 910,949 914,115 912,750 913,380 911,924 4,925,744 4,761,553 591,836 573,348 554,860 536,374 517,886 1,300,000 780,000 101,238 99,044 96,769 93,519 90,269 844,551 351,834 182,433 182,433 0 0 0 1,470,054 1,349,792 168,053 162,788 157,177 152,396 147,474 2,882,241 2,678,943 305,377 297,104 288,358 280,487 272,344 943,319 943,319 322,244 322,244 322,244 0 0 278,500 215,000 35,037 35,158 35,106 35,130 35,074 793,299 330,482 171,362 171,363 0 0 0 665,775 569,439 85,423 82,233 78,457 75,364 72,263 157,021,867 111,152,809 16,125,764 15,647,231 14 13,694,550 13,131,587 $535,661,764 $426,192,806 $52,195,415 $49,423,020 $47,349,792 $45,631,172 $44,137,657 Board of Commissioners Work Session 08/15/2011 3 -1 -8 EE to O r O N L U N LL N O O '— U ca ca � ca — O '— ca v � L � O Z (� Board of Commissioners Work Session 08/15/2011 3 -1 -9