FY2023-FY2028 Adopted Capital Improvement Program

FY2023 - 2028 Adopted Capital Improvement Program Board of Education - Continued

Project

2025

2026

2027

2028

Costs After

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 0 0 0 0 0 0 0 0 0 0

0

0

0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

3,593,460

7,000,000

36,540,819 5,344,500

0

0

52,905,537

4,841,000

7,000,000

36,416,826

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Crestwood MS: Addition Eastern Frederick ES

31,358,557

1,900,000

Yellow Spring ES feasibility study Land Acquisition Bus Depot

Total: New/Modernizations

36,199,557

12,493,460

43,416,826

41,885,319

52,905,537

Systemic

Systemics - Generic

1,365,000 5,430,483

1,365,000 6,240,573

1,365,000 5,014,960

1,365,000 5,014,960

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

0 0 0

0 0 0

0 0 0

0 0 0

672,000

672,000

672,000

672,000

Total: Systemic

7,467,483

8,277,573

7,051,960

7,051,960

Total Expense

43,667,040

20,771,033

50,468,786

48,937,279

52,905,537

Funding General Fund

866,920 8,056,113 5,800,437 15,040,342 15,000,000 (1,096,772) 43,667,040 0

900,270 7,527,040 1,500,000 3,400,000 15,000,000 (7,556,277) 20,771,033 0

900,270 21,424,147 4,000,000 1,500,000 15,000,000 7,644,369 50,468,786 0

900,270 15,328,905 2,500,000 11,000,000 15,000,000 4,208,104 48,937,279 0

5,000,000 16,813,365 3,000,000

General Fund Bonds & Capital Leases

Recordation Tax & Bonds Impact Fees & Bonds School Mitigation Fee

0 0 0

Grants Other

28,092,172 52,905,537

Total Funding Sources

239