FY2022-FY2027 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1046

Activity #:

Capital Project Title: Elementary School Placeholder 2- Green Valley ES/Valley ES

Region:

Asset Type: New/Modernizations Asset Category: Board of Education

Year Identified: 2021 Est Completion Date: 8/31/2026

Capital Project Status: Active

Capital Project Description: Green Valley Elementary School (ES) serves students in grades K through 5. It was originally constructed in 1971 and has had no additions or renovations. The Facility Condition Index (FCI) for Green Valley ES is 30% and is classified as critical. Green Valley ES has a state rated capacity (SRC) of 499. The projected September 2021 enrollment is 654 equated students. There are three portable classrooms on site. FCPS began feasibility studies of Valley Elementary School and Green Valley Elementary School in December 2020 to identify school renovation and additional space needs, options for meeting those requirements, and estimated costs for each option. Valley and Green Valley Elementary Schools are identified as potential candidates for a school replacement plus additions. The Board of Education will make the determination based on the results of the feasibility studies and student enrollment.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2022

2023

2024

2025

2026

2027 Costs After

Studies / Surveys

0

Site Work- State's Share

3,308,257

3,308,257

Construction - State's Share 17,411,880

17,411,880

Site Work - County's Share

2,817,735 1,918,403

2,817,735

A&E - County's Share

1,918,403

Construction - County's Share 20,130,530

1,439,201 500,000 18,191,329

Equipment - County's Share

1,900,000 47,486,805

1,900,000

Total Cost:

3,357,604 6,625,992 37,503,209

Funding Schedule:

Project Total

Prior Budget

Categories

2022

2023

2024

2025

2026

2027 Costs After

Trans from Impact Fee

13,375,000 3,790,088 9,601,580 20,720,137

3,144,924 3,240,327 6,989,749

Trans from School Construction

212,680

77,408 3,500,000

General Obligation Bonds MD BOE - Cash Forward Funding

9,601,580

3,308,257 17,411,880

Total Cost:

47,486,805

3,357,604 6,625,992 37,503,209

235

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