FY2021 Adopted Budget
Capital Project Summary
Capital Project Number: ED1015
Activity #: C1801.1801.02
Capital Project Title: Frederick HS: Replacement
Region: Frederick
Capital Project Status: Completed Asset Type: New/Modernizations Asset Category: Board of Education
Year Identified: 2010 Est Completion Date: 8/5/2017
Capital Project Description: **This project is complete and fully funded. FY21 budget is due to excess funds that have been moved to other projects. This project will replace the 67 year old high school and provide a modern facility that will meet the current curriculum requirements. Frederick HS was originally constructed in 1939 with additions in 1955, 1967, 1977 and 1980. Approximately 90,000 sq. ft were renovated 30 years ago. Only minor systemic improvements have been done since. A modernization is needed to provide the required curriculum of a high school. Frederick HS was identified in a recent facility needs assessment as the second priority for renovation needs at the high school level behind Linganore HS. A feasibility study was completed in January 2013. Option 5 to replace the existing High School with a new, modern facility was recommended by the steering committee and approved by the Board of Education.
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2021
2022
2023
2024
2025
2026 Costs After
Site Improvement - NonBldg
7,566,462 7,566,462 3,390,500 3,390,500
Architect/Engineering
Construction
83,048,324 84,996,733 -1,948,409
Capital Appropriations Capital Approp Equipment Capital Approp - Studies
-6,500,000 -6,500,000 5,500,000 5,500,000 231,750 231,750 -200,000 -200,000
A&E - County's Share
Total Cost:
93,037,036 94,985,445 -1,948,409
Funding Schedule:
Project Total
Prior Budget
Categories
2021
2022
2023
2024
2025
2026 Costs After
MD BOE - Capital Project MD BOE - Unallocated Trans from General Fund
22,116,750 22,116,750
0
842,574 1,662,684 -820,110
Trans from School Construction
5,312,852 5,312,852
General Obligation Bonds Recordation Tax Bonds Premium Revenue - GO Bonds
57,146,811 58,275,110 -1,128,299
6,650,129 6,650,129 967,920 967,920
Total Cost:
93,037,036 94,985,445 -1,948,409
664
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