FY2023-FY2028 Adopted Capital Improvement Program

FY2023 - 2028 Adopted Capital Improvement Program Board of Education

Project

6-year

Total Project

Prior

2023

2024

New/Modernizations Waverley ES: Replacement/Addition Northern Frederick City Area ES: New Middletown Campus Placeholder Brunswick ES: Replacement/Addition Rock Creek School: Replacement Green Valley ES Replacement/Addition Valley ES Replacement/Addition Liberty ES: Replacement Blue Heron ES

0

52,461,859 47,134,279 58,650,037 48,336,326 43,726,924 47,247,917 50,151,186 49,634,723 50,148,273 11,848,191 52,287,214 200,000 2,500,000 12,515,000 30,828,941 10,678,167 14,162,360 736,000 4,560,000 73,480,468

52,461,859

0 0 0 0

0 0 0 0 0

47,134,279 5,744,500 48,257,826

0 0

400,000

78,500

0

43,726,924 18,275,085 50,151,186 150,190 2,932,142

28,972,832

27,072,832

1,900,000

0

0

0

49,484,533 47,216,131 11,848,191 52,287,214 200,000 2,500,000 12,015,000 30,700,976 2,823,132 14,162,360 460,000 4,560,000 64,721,468

6,777,590 4,214,312 727,000 3,000,000 200,000 2,500,000

42,706,943 43,001,819 11,121,191 16,028,657

Crestwood MS: Addition Eastern Frederick ES

0 0 0 0

Yellow Spring ES feasibility study Land Acquisition Bus Depot

0 0

Total: New/Modernizations

293,645,506 514,326,929 167,775,886

44,891,734 114,758,610

Systemic

Systemics - Generic

500,000 127,965 7,855,035

5,190,000

1,365,000 9,000,000

Limited Renovations Systemic Thurmont ES Limited Renovations Monocacy ES Limited Renovations New Buses-Capacity Portable Classrooms FY2023

0

2,823,132 10,416,360 460,000 1,200,000 20,089,492

0

0

3,746,000

276,000

0

0

672,000

Total: Systemic

8,759,000

14,783,000

Total Expense

358,366,974 587,807,397 176,534,886

64,981,226 129,541,610

Funding General Fund

6,581,350

12,927,598

1,346,248 22,383,916 24,651,930 29,670,084

1,875,000 21,234,380 2,000,000 8,170,987

1,138,620 11,590,868 15,900,000 34,903,470 2,000,000 62,357,374 1,651,278

General Fund Bonds & Capital Leases

85,161,453 124,358,734

Recordation Tax & Bonds Impact Fees & Bonds School Mitigation Fee

31,700,437

59,352,367

74,014,799 103,684,883

(1,000,000)

15,729,424

16,729,424 (3,000,000)

Grants Other

177,583,859 208,700,775

31,116,916

55,226,485

(15,674,924)

63,053,616

50,636,368 (20,525,626)

Total Funding Sources

358,366,974 587,807,397 176,534,886

64,981,226 129,541,610

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