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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
$41.2M 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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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. Funding switch between long-term financing and G.O. Bonds/PAYGO.
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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
$41.2M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP361302
Date Last Modified01/12/22
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 FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
Planning, Design and Supervision2381823811456968681717171717171717000
Land00000000000
Site Improvements and Utilities00000000000
Construction1190811896465785343328583858385838583000
Other11000000000
Total Expenditures14290021346803544120010300103001030010300000
FUNDING (000s)
Funding SourceTotalThru FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
G.O. Bonds1578393391200300300300300000
Long-Term Financing13912519110800154000010000100001000010000000
PAYGO21972197000000000
Total Funding Sources14290021346803544120010300103001030010300000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 23 Request10300
Year First AppropriationFY13
Appropriation FY 24 Request10300
Last FY's Cost Estimate142900
Cumulative Appropriation101700
Expenditure / Encumbrances21561
Unencumbered Balance80139