FY Capital Investment Plan (CIP) Development Calendar

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1 FY Capital Investment Plan (CIP) Development Calendar Budget staff develops.. Late June A summary of prior and current year CIP project balances by expenditure category. Prepares materials for initial subcommittee meetings. June July Departments prepare updates to existing CIP project and requests for new projects. July August Budget staff review updates and requested changes, prepares and distributed project information for review committees, schedules review committee meetings Buildings Review committee meets (9/9/11) to evaluate project updates and requests. No Technology projects were received for the new plan. September Capital Investment Board (CIB) meets with County Manager to review subcommittee recommendations (9/14/11). Staff update Board of Commissioners on major changes in CIP since the last plan was approved (9/15/11). CIB makes project and funding plan recommendations to County Manager. County Manager makes final changes to proposed CIP. November Board of Commissioners receives and approves FY CIP update (11/17/11). November June 2012 Board begins to initiate projects through adoption of formal capital project ordinances. 153

2 FY CIP Committees Departments Buildings SubCommittee Technology SubCommittee Capital Investment Board Department Department Department Internal Audit (Chair) Asst County Manager/HR (Chair) Budget (Chair) Property Management Information Services Internal Audit Risk Management Finance Asst County Manager/HR Facilities Tax Property Management Parks & Open Space Social Services Information Services Law Enforcement Register of Deeds Finance Emergency Services Public Health Planning Social Services Law Enforcement Court Alternatives Mental Health Mental Health Finance Emergency Services Public Health 154

3 Capital Investment Plan Scoring Matrix Overall Project Impact Categories Criteria Scores Goals / Objectives Consistency with County Goals and Plans (12%) Project is not consistent with County or department goals Project will advance department goals, but is not directly linked to a County goal Project will advance a County goal immediately following its implementation Meets a Legal Requirement (12%) Project has no legal mandate (e.g., statute, court order, contractual agreement, etc.) Project addresses an anticipated or planned legal or contractual mandate Project is required by statute, court order, contract, or other legal mandate Urgency of Need Addresses Public Health or Safety (12%) Project has no impact on public health or safety concerns Project increases public health or safety, but does not address an imminent hazard Project eliminates, prevents, or reduces a serious or imminent hazard Related to Other Projects (10%) Project is not related to another CIP project that is already in progress Project is related to a CIP project already in progress, but is not needed for its completion Project is required for the completion of other CIP projects already in progress Scope of Service Service Improvement (10%) Project not related to maintaining or increasing a standard of service Project maintains an existing standard of service Project expands a standard of service or addresses problems or deficiencies in current services Supports Economic Development (10%) Project would negatively impact economic development (e.g., decreases tax base, decreases valuation, decreases tourism, etc.) Project would have no impact on economic development Project results in increased tax base, diversified tax base, increased valuation, job opportunities, increased tourism, etc. Community Priority / Impact Public Support (10%) Project has no identified public support and is not identified as a need Project is identified as a need, but there is not strong support Project has strong community and political support Community Benefit (8%) Project would benefit a small group or area of the County Project would benefit a high percentage of the population or a large area Project would benefit all residents and all areas Quality of Life (8%) Project negatively impacts the natural, cultural, educational, or recreational environment Project does not affect the natural, cultural, educational, or recreational environment Project improves the natural, cultural, educational, or recreational environment or addresses a threat to the natural environment Financial Feasibility Operating Impacts (4%) Project increases operating costs or decreases revenues Project has no impact on operating costs or revenues Project decreases operating costs or increases revenues Financing (4%) Project is funded 100% by the County Project is partially funded from noncounty sources Project does not require any County funding 155

4 FY CIP Development Corporate Scoring Matrix SubCommittee Rankings of "New" County Building Construction Projects (Score Range: 0 2) Weighted Scores WITH Public Health & Safety Factor Rank Project Score 1 Law Enforcement Parking Deck/ Admin Building/Weekend Inmate Facility Additional Courthouse Space New Animal Shelter Narrow Banding of Public Safety Spectrum Replacement Subscriber Units for Existing 800 MHz System Emergency Operation Center BurMil Park Renovations (Transfer from Bicentennial Greenway) 1.10 Average Raw Scores WITH Public Health & Safety Factor Rank Project 1 Law Enforcement Parking Deck/ Admin Building/Weekend Inmate Facility a BurMil Park Renovations(Transfer from Bicentennial Greenway) b Additional Courthouse Space a Emergency Operation Center b New Animal Shelter Replacement Subscriber Units for Existing 800 MHz System Narrow Banding of Public Safety Spectrum 0.93 Weighted Scores WITHOUT Public Health & Safety Factor Rank Project Score 1 Law Enforcement Parking Deck/ Admin Building/Weekend Inmate Facility Additional Courthouse Space a New Animal Shelter b BurMil Park Renovations (Transfer from Bicentennial Greenway) Emergency Operation Center Narrow Banding of Public Safety Spectrum Replacement Subscriber Units for Existing 800 MHz System

5 Estimated Annual Debt Service Payments Existing and Planned Issues by Type of Debt Issued Bonds Bonds to be Issued All Bonds Fiscal Year Principal Interest Total Principal Interest Total Total $ 44,710,000 $ 33,654,689 $ 78,364,689 $ $ 4,402,976 $ 4,402,976 $ 82,767, $ 44,575,000 $ 31,769,564 $ 76,344,564 $ 7,870,000 $ 12,401,690 $ 20,271,690 $ 96,616, $ 45,505,000 $ 29,855,060 $ 75,360,060 $ 14,240,000 $ 17,100,940 $ 31,340,940 $ 106,701, $ 46,485,000 $ 27,978,300 $ 74,463,300 $ 16,673,400 $ 17,711,046 $ 34,384,446 $ 108,847, $ 47,425,000 $ 25,937,863 $ 73,362,863 $ 16,673,400 $ 16,724,234 $ 33,397,634 $ 106,760, $ 48,370,000 $ 23,849,735 $ 72,219,735 $ 16,673,400 $ 15,737,421 $ 32,410,821 $ 104,630, $ 49,330,000 $ 21,857,688 $ 71,187,688 $ 16,673,400 $ 14,750,609 $ 31,424,009 $ 102,611, $ 49,020,000 $ 19,483,638 $ 68,503,638 $ 16,673,400 $ 13,763,796 $ 30,437,196 $ 98,940, $ 49,670,000 $ 17,282,438 $ 66,952,438 $ 16,673,400 $ 12,776,984 $ 29,450,384 $ 96,402, $ 50,895,000 $ 15,382,216 $ 66,277,216 $ 16,673,400 $ 11,790,171 $ 28,463,571 $ 94,740, $ 51,340,000 $ 13,226,271 $ 64,566,271 $ 16,673,400 $ 10,803,359 $ 27,476,759 $ 92,043, $ 51,385,000 $ 10,832,101 $ 62,217,101 $ 16,675,400 $ 9,816,489 $ 26,491,889 $ 88,708, $ 46,375,000 $ 8,647,013 $ 55,022,013 $ 16,678,400 $ 8,829,475 $ 25,507,875 $ 80,529, $ 46,370,000 $ 6,647,893 $ 53,017,893 $ 16,678,400 $ 7,842,375 $ 24,520,775 $ 77,538, $ 27,730,000 $ 4,640,735 $ 32,370,735 $ 16,678,400 $ 6,855,275 $ 23,533,675 $ 55,904, $ 27,730,000 $ 3,406,415 $ 31,136,415 $ 16,678,400 $ 5,868,175 $ 22,546,575 $ 53,682, $ 16,480,000 $ 2,270,201 $ 18,750,201 $ 16,678,400 $ 4,881,075 $ 21,559,475 $ 40,309, $ 16,480,000 $ 1,482,269 $ 17,962,269 $ 15,603,400 $ 3,924,881 $ 19,528,281 $ 37,490, $ 8,250,000 $ 675,799 $ 8,925,799 $ 15,603,400 $ 2,999,594 $ 18,602,994 $ 27,528, $ 8,250,000 $ 225,266 $ 8,475,266 $ 15,603,400 $ 2,074,306 $ 17,677,706 $ 26,152, $ 15,603,400 $ 1,149,019 $ 16,752,419 $ 16,752, $ 8,803,400 $ 419,231 $ 9,222,631 $ 9,222, $ 2,433,400 $ 76,044 $ 2,509,444 $ 2,509,444 Total $ 776,375,000 $ 299,105,152 $ 1,075,480,152 $ 329,215,000 $ 202,699,165 $ 531,914,165 $ 1,607,394,317 Qualified School Construction Bonds (QSBC's) BB&T Building Financing Fiscal Year Principal Interest Total Principal Interest Total $ $ 484,236 $ 484,236 $ 1,257,400 $ 403,149 $ 1,660, $ 1,050,000 $ 938,285 $ 1,988,285 $ 1,257,400 $ 343,592 $ 1,600, $ 1,050,000 $ 877,910 $ 1,927,910 $ 1,132,075 $ 261,219 $ 1,393, $ 1,050,000 $ 817,535 $ 1,867,535 $ 1,132,075 $ 206,225 $ 1,338, $ 1,050,000 $ 757,160 $ 1,807,160 $ 1,132,075 $ 151,232 $ 1,283, $ 1,050,000 $ 696,785 $ 1,746,785 $ 1,132,075 $ 96,239 $ 1,228, $ 1,050,000 $ 636,410 $ 1,686,410 $ 1,132,075 $ 41,245 $ 1,173, $ 1,050,000 $ 576,035 $ 1,626, $ 1,053,000 $ 515,574 $ 1,568, $ 1,055,000 $ 454,969 $ 1,509, $ 1,055,000 $ 394,306 $ 1,449, $ 1,055,000 $ 333,644 $ 1,388, $ 1,055,000 $ 272,981 $ 1,327, $ 1,055,000 $ 212,319 $ 1,267, $ 1,055,000 $ 151,656 $ 1,206, $ 1,055,000 $ 90,994 $ 1,145, $ 1,055,000 $ 30,331 $ 1,085, Total $ 16,843,000 $ 8,241,130 $ 25,084,130 $ 8,175,175 $ 1,502,901 $ 9,678,

6 Estimated Annual Debt Service Payments Existing and Planned Issues All Debt Total Debt Payment Fiscal Year Principal Interest Total $ 45,967,400 $ 38,945,050 $ 84,912, $ 54,752,400 $ 45,453,131 $ 100,205, $ 61,927,075 $ 48,095,129 $ 110,022, $ 65,340,475 $ 46,713,107 $ 112,053, $ 66,280,475 $ 43,570,488 $ 109,850, $ 67,225,475 $ 40,380,180 $ 107,605, $ 68,185,475 $ 37,285,952 $ 105,471, $ 66,743,400 $ 33,823,469 $ 100,566, $ 67,396,400 $ 30,574,996 $ 97,971, $ 68,623,400 $ 27,627,356 $ 96,250, $ 69,068,400 $ 24,423,936 $ 93,492, $ 69,115,400 $ 20,982,234 $ 90,097, $ 64,108,400 $ 17,749,469 $ 81,857, $ 64,103,400 $ 14,702,586 $ 78,805, $ 45,463,400 $ 11,647,666 $ 57,111, $ 45,463,400 $ 9,365,584 $ 54,828, $ 34,213,400 $ 7,181,608 $ 41,395, $ 32,083,400 $ 5,407,150 $ 37,490, $ 23,853,400 $ 3,675,393 $ 27,528, $ 23,853,400 $ 2,299,573 $ 26,152, $ 15,603,400 $ 1,149,019 $ 16,752, $ 8,803,400 $ 419,231 $ 9,222, $ 2,433,400 $ 76,044 $ 2,509,444 Total $ 1,130,608,175 $ 511,548,348 $ 1,642,156,

7 GUILFORD COUNTY, NORTH CAROLINA Transfer Schedule General Fund to County Building Construction Fund (Based on Original Financing Schedule for $200 million Public Schools bonds, $25 million Community College bonds, and $10 million Parks & Recreation bonds) Debt Service Annual PLUS: LESS: Fiscal Annual GF Principal & Contribution to Other General Fund Amount Year Allocation Interest Future Needs Contributions Priorities Transferred FY $ 20,000,000 $ (3,052,500) $ 16,947,500 $ $ 16,947,500 FY $ 20,000,000 $ (7,763,865) $ 12,236,135 $ $ 12,236,135 FY $ 20,000,000 $ (10,683,137) $ 9,316,863 $ (17,315,500) $ (7,998,637) FY $ 20,000,000 $ (15,713,962) $ 4,286,038 $ (4,200,000) $ 86,038 FY $ 20,000,000 $ (18,171,484) $ 1,828,516 $ (1,940,000) $ (111,484) FY $ 20,000,000 $ (17,771,269) $ 2,228,731 $ (2,000,000) $ 228,731 FY $ 20,000,000 $ (18,375,799) $ 1,624,201 $ (658,783) $ 965,418 FY $ 20,000,000 $ (17,241,897) $ 2,758,103 $ (2,758,103) $ FY $ 20,000,000 $ (16,093,614) $ 3,906,386 $ 3,345,678 $ (3,906,386) $ 3,345,678 FY $ 20,000,000 $ (17,511,295) $ 9,692,373 $ $ 9,692,373 FY $ 20,000,000 $ (17,950,536) $ 2,049,464 $ $ 2,049,464 FY $ 20,000,000 $ (17,442,395) $ 2,557,605 $ (2,557,605) $ Totals to Date $ 240,000,000 $ (177,771,753) $ 69,431,915 $ 3,345,678 $ (35,336,377) $ 37,441,216 FY $ 20,000,000 $ (16,949,446) $ 3,050,554 FY $ 20,000,000 $ (16,440,168) $ 3,559,832 FY $ 20,000,000 $ (15,932,549) $ 4,067,451 FY $ 20,000,000 $ (15,410,375) $ 4,589,625 FY $ 20,000,000 $ (14,996,415) $ 5,003,585 FY $ 20,000,000 $ (15,134,411) $ 4,865,589 FY $ 20,000,000 $ (22,657,799) $ (2,657,799) FY $ 20,000,000 $ (21,959,253) $ (1,959,253) FY $ 20,000,000 $ (18,106,181) $ 1,893,819 FY $ 20,000,000 $ (13,152,602) $ 6,847,398 FY $ 20,000,000 $ (12,709,232) $ 7,290,768 FY $ 20,000,000 $ (581,311) $ 19,418,689 FY $ 20,000,000 $ (558,397) $ 19,441,603 TOTAL $ 500,000,000 $ (362,359,892) $ 144,843,776 $ 3,345,678 $ (35,336,377) $ 37,441,

8 County Building Construction Fund TenYear Estimate of Annual General Fund Contribution & Available Funds FY 2012 FY 2021 Amounts adjusted for future cost increases Current Year FY 1112 FY 1213 FY 1314 FY 1415 FY 1516 FY 1617 FY 1718 FY 1819 FY 1920 FY 2021 Beginning Fund Balance (Unaudited) $ 25,573,662 $ 14,306,492 $ 11,352,111 $ 7,041,464 $ 14,368,830 $ 24,101,193 $ 42,743,541 $ 45,303,219 $ 53,545,272 $ 61,998,525 Includes all adjustments to existing project ordinances through FY 2011 Plus: GF Transfer Future Capital Needs Schedule $ $ 3,050,554 $ 3,559,832 $ 4,067,451 $ 4,589,625 $ 5,003,585 $ 248,537 $ $ $ 1,893,819 GF Transfer Addtl Funds Equivalent of 3 cents, phased in * $ $ 4,250,000 $ 8,500,000 $ 12,877,500 $ 13,135,050 $ 13,397,751 $ 13,665,706 $ 13,939,020 $ 14,217,801 $ 14,502,157 Sale of Property $ $ $ 430,000 $ 3,150,000 $ 510,000 $ $ $ $ $ Fire Tax District (Radio Subscriber Units Reimbursement) ** $ 3,003,700 $ $ $ $ $ $ $ $ $ Interest Earnings $ 149,430 $ 143,065 $ 113,521 $ 70,415 $ 143,688 $ 241,012 $ 427,435 $ 453,032 $ 535,453 $ 619,985 Subtotal $ 28,726,792 $ 21,750,111 $ 23,955,464 $ 27,206,830 $ 32,747,193 $ 42,743,541 $ 57,085,219 $ 59,695,272 $ 68,298,525 $ 79,014,486 Less: Purchase of YMCA Property (approved by BOC 10/20/11) $ (2,000,000) Less Additional / New CIP Allocations from FY (Items without formally approved Capital Project Ordinances): CoLocation GFD / HPFD $ (300,000) $ (300,000) $ (300,000) $ (300,000) $ $ $ $ $ $ Northeast GSO EMS Base $ $ (450,000) $ (2,754,000) $ $ $ $ $ $ $ Northwest Maintenance Facility/Base $ $ (6,213,000) $ $ $ $ $ $ $ $ Reedy Fork ES Facility $ $ (468,000) $ (2,862,000) $ $ $ $ $ $ $ I73 NW Guilford ES Facility $ $ (795,000) $ (2,944,000) $ $ $ $ $ $ $ Southern Guilford ES Facility $ $ (666,000) $ $ $ (3,078,000) $ $ $ $ $ Juvenile Detention Expansion $ $ $ (51,000) $ (3,588,000) $ $ $ $ $ $ 800 MHz System Upgrade *** $ (3,344,000) $ (1,400,000) $ (3,400,000) $ (3,500,000) $ (5,568,000) $ $ $ $ $ Subtotal $ (3,644,000) $ (10,292,000) $ (12,311,000) $ (7,388,000) $ (8,646,000) $ $ $ $ $ Less New CIP Projects Recommended in FY CIP: Narrow Banding of Public Safety Spectrum $ (502,000) $ $ $ $ $ $ $ $ $ Radio Subscriber Units Replacement for Existing 800 MHz System ** $ (8,274,300) $ $ $ $ $ $ $ (6,150,000) $ (6,300,000) $ Law Enforcement Parking Deck / Prop. Sheriff Adm. / Weekend Inmate $ $ (19,134,000) $ $ $ $ $ $ $ $ Reduce Detention Fac. Proj. To Fund Parking Deck and Weekend Fac. $ $ 19,134,000 $ $ $ $ $ $ $ $ Bicentennial Greenway Trails GSO $ 125,000 $ $ $ $ $ $ $ $ $ BurMil Park Improvements $ (125,000) $ $ $ $ $ $ $ $ $ Emergency Operation Center $ $ (106,000) $ (4,497,000) $ $ $ $ $ $ $ New Animal Shelter $ $ $ (106,000) $ (5,450,000) $ $ $ $ $ $ Additional Courthouse Space $ $ $ $ $ $ $ (11,782,000) $ $ $ Subtotal $ (8,776,300) $ (106,000) $ (4,603,000) $ (5,450,000) $ $ $ (11,782,000) $ (6,150,000) $ (6,300,000) $ Ending Fund Balance (Unallocated) $ 14,306,492 $ 11,352,111 $ 7,041,464 $ 14,368,830 $ 24,101,193 $ 42,743,541 $ 45,303,219 $ 53,545,272 $ 61,998,525 $ 79,014,486 Note: FY , , and annual GF amount is reduced by the amount needed during FY and FY when debt service amount exceeds $20 million. This ensures that sufficient funds are available to pay the debt service on the underlying schedule used to calculate the transfer without additional appropriation from the General Fund. * Phase in schedule: $0.01 cent in FY 1213, +$0.01 = $0.02 total in FY 1314, +$0.01 cent = $0.03 total in FY 1415 and thereafter. ** BOC approved on 11/3/11 *** Pending BOC approval on 11/17/11 160

9 Greensboro Water & Sewer Trust Fund FY City of Greensboro FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Fund Balance as of 2nd close June 2011 $ 7,467,026 $ 7,528,183 $ 7,590,563 $ 7,654,191 $ 7,719,091 $ 7,785,289 $ 7,852,812 $ 7,921,684 $ 7,991,935 $ 8,063,590 Plus: Acreage User Fees & Assessment Fees $ $ $ $ $ $ $ $ $ $ Water & Sewer Charges $ $ $ $ $ $ $ $ $ $ Estimated YE Interest Earnings $ 61,157 $ 62,380 $ 63,628 $ 64,900 $ 66,198 $ 67,522 $ 68,873 $ 70,250 $ 71,655 $ 73,088 Available Funds $ 7,528,183 $ 7,590,563 $ 7,654,191 $ 7,719,091 $ 7,785,289 $ 7,852,812 $ 7,921,684 $ 7,991,935 $ 8,063,590 $ 8,136,678 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 7,528,183 $ 7,590,563 $ 7,654,191 $ 7,719,091 $ 7,785,289 $ 7,852,812 $ 7,921,684 $ 7,991,935 $ 8,063,590 $ 8,136,678 Assumptions: 1) Current funding needs for Forest Oaks Estates involves Greensboro Water and Sewer Trust funds. The pending December 31, 2010 dissolution of the Greensboro/Guilford County Water and Sewer Agreement, including the Water and Sewer Trust Fund may not allow these projects to continue at this time, if at all. 2) Interest in future years at 2% of beginning fund balance. 161

10 High Point Water & Sewer Trust Fund FY City of High Point FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Fund Balance as of 2nd close June 2011 $ 325,905 $ 332,859 $ 339,952 $ 347,187 $ 354,567 $ 362,094 $ 369,772 $ 377,603 $ 385,591 $ 393,739 Plus: Water & Sewer Charges $ 6,954 $ 7,093 $ 7,235 $ 7,380 $ 7,527 $ 7,678 $ 7,831 $ 7,988 $ 8,148 $ 8,311 Available Funds $ 332,859 $ 339,952 $ 347,187 $ 354,567 $ 362,094 $ 369,772 $ 377,603 $ 385,591 $ 393,739 $ 402,049 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 332,859 $ 339,952 $ 347,187 $ 354,567 $ 362,094 $ 369,772 $ 377,603 $ 385,591 $ 393,739 $ 402,

11 Jamestown Water & Sewer Trust Fund FY Town of Jamestown FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Fund Balance as of 2nd close June 2011 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 Plus: Water & Sewer Charges $ $ $ $ $ $ $ $ $ $ Available Funds $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,520 $ 16,

12 Archdale Water & Sewer Trust Fund FY City of Archdale FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Fund Balance as of 2nd close June 2011 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 Plus: Water & Sewer Charges $ $ $ $ $ $ $ $ $ $ Available Funds $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,360 $ 173,

13 Guilford County Water & Sewer Trust Fund FY Guilford County FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Fund Balance as of 2nd close June 2011 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 Plus: Water & Sewer Charges $ $ $ $ $ $ $ $ $ $ Available Funds $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,858 $ 565,

14 Water & Sewer Bond Procceds FY Beginning Fund Balance as of 2nd close June 2011 Guilford County FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Plus: Water Bonds $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 $ 1,294,274 Sewer Bonds $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 $ 1,664,369 Available Funds $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 Less Planned Uses: New CIP Projects $ $ $ $ $ $ $ $ $ $ Uses of Funds $ $ $ $ $ $ $ $ $ $ Ending Fund Balance $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,643 $ 2,958,