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Description

This project provides a means to implement energy savings performance contracting as a mechanism to reduce the County's energy usage and perform strategic facility upgrades with significantly reduced capital costs. These contracts performed by Energy Services Companies (ESCOs) have been used extensively by the Federal government and other State and local jurisdictions to accomplish energy saving retrofits in a variety of facility applications. For each facility proposed, a unique prescriptive energy conservation analysis (audit) is conducted. Savings are associated with each element (energy conservation measure) of the analysis. Ultimately, the compilation of the measures defines the project. Third-party funding (bonds or commercial loans) covers the cost of the contract. A key feature of Energy Savings Performance Contracts (ESPC) is that General Obligation (G.O.) bonds are not required for the contract costs. A financing mechanism is initiated to cover the cost of the contract and the repayment of the debt is guaranteed through the energy savings. G.O. Bonds are required to cover associated staffing costs.
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Phase

Ongoing

Status

Active
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Budget Snapshot
$142.9M Total
Expenditures/Funding
$61.8M 6 Year Total
Expenditures/Funding
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Estimated Schedule

Projects are identified and scheduled based on potential energy savings, feasibility, and coordination with other activities at project locations.
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Cost Change

Addition of FY25 and FY26 to this level-of-effort project.
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Justification

Implementation of this project is consistent with the County's continuing objective to accomplish environmentally friendly initiatives as well as limit the level of G.O. Bonds. The objective of the individual building projects is to permanently lower the County's energy usage, reduce its carbon footprint and save considerable operating expenses.
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Other

The proposals outlined in this program are developed in conjunction with the Department of Finance, and the Office of Management and Budget. Financial consultants will be employed to advise and guide decisionmaking. Projects will be implemented based on energy savings potential as well as operational and infrastructure upgrades.
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Fiscal Note

A FY17 transfer of $700,000 in long-term financing to Council Office Building Renovation was approved.
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Disclosures

Expenditures will continue indefinitely.
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Coordination

Department of General Services, Department of Finance, and Office of Management and Budget.
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Budget Snapshot
$142.9M Total
Expenditures/Funding
$61.8M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP361302
Date Last Modified01/09/20
Administering AgencyGeneral Services
CategoryGeneral Government
SubCategoryCounty Offices and Other Improvements
Planning AreaCountywide
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Planning, Design and Supervision23818181411702103021717171717171717171717170
Land00000000000
Site Improvements and Utilities00000000000
Construction1190811179855785514988583858385838583858385830
Other11000000000
Total Expenditures1429001361367487618001030010300103001030010300103000
FUNDING (000s)
Funding SourceTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
G.O. Bonds15783901539393003003003003000
Long-Term Financing1396761192867487602611026110000100001000010000100000
PAYGO16461646000000000
Total Funding Sources1429001361367487618001030010300103001030010300103000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 21 Request10039
Year First AppropriationFY13
Appropriation FY 22 Request10300
Last FY's Cost Estimate122300
Cumulative Appropriation81361
Expenditure / Encumbrances21019
Unencumbered Balance60342