LISBON — The Columbiana County Career and Technical Center (CCCTC) is planning for future projects.

During the most recent CCCTC Board meeting, the board approved a new 20-year capital plan and the creation of a Capital Projects Fund.

The Capital Plan was developed with the help of K-12 Business Consulting and features the district’s overall goals for improvements to facilities, technology, transportation and more.

The CCCTC plans to help fund these projects by transferring money from the General Fund into the newly-created Capital Projects Fund over a period of 10 years, in addition to revenue from other sources, such as gifts to the district.

According to the plan, the district will transfer just over $3.85 million into the new fund in the first decade, with the largest amount transferred this year, which will be just over $1.4 million from the general fund.

The board approved a resolution allowing this year’s transfer during the meeting.

The remaining transfers will be $271,572 each year thereafter over the 10 years.

As outlined in the Capital Plan, the district is expecting all of the projects to cost a total of around $6.58 million over the 20-year period, or $8.35 million adjusted for inflation.

The bulk of the anticipated projects will be mechanical and general maintenance projects, according to the plan, with technology improvements second, and asphalt projects and roofing and building envelope maintenance both accounting for just under $1 million in anticipated costs over the 20 years.

The district has already replaced a great deal of HVAC equipment in 2011 and 2012 that is currently halfway through its life cycle, the Capital Plan states.

Budgeted into the plan is the replacement of 12 percent of the equipment in the first five years and the last five years of the assessment, with 75 percent of the largest equipment budgeted for years 10-20.

All other anticipated projects were budgeted for and explained in the Capital Plan as well.

According to the resolution approved by the board to create the new fund, the Capital Projects Fund will be used for the purpose of accumulating resources for the acquisition, construction, or improvement of fixed assets as outlined under Ohio Revised Code section 5705.13(C).

The new fund shall be funded over a maximum period of 10 years with amounts separately determined by the board by transfers from the General Fund and monies from sources other than funds of the school district, including gifts to the district.

According to the resolution, if the CCCTC has not entered into a contract for acquisition, construction, or improvement of fixed assets relating to the fund during the 10-year period, the treasurer must return the monies to the fund from which they came.