FY2023-FY2028 Adopted Capital Improvement Program
Capital Project Summary
Capital Project Number: ED1024
Activity #:
Capital Project Title: Middletown Campus Placeholder
Region: Middletown
Asset Type: New/Modernizations Asset Category: Board of Education
Year Identified: 2021 Est Completion Date: 8/31/2029
Capital Project Status: Active
Capital Project Description: The Board of Education approved the architect for a feasibility study of the Middletown Campus on March 9, 2022. The study will examine facility needs at the High School, Middle School, Elementary School and campus road access throughout the entire school campus, plus the phasing and the cost of meeting identified needs. The study will consider renovating the existing schools, renovating the existing schools with additions and replacement of one or more buildings. All three schools are on the high priority for modernization in the recently completed FCPS Facilities Assessment. The intent of this project is to fund the first phase of a multi-year plan to update the building systems and spaces to current education sufficiency standards for Middletown High, Middle and Elementary schools and the entire campus road access and configuration. The scope and timing of the various phases of the project will follow the preferred order of operations established by the Middletown Campus Feasibility Study, approved in March 2022.
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2023
2024
2025
2026
2027
2028 Costs After
Studies / Surveys
400,000
400,000
Site Improvement - NonBldg
0 0 0 0 0
Architect/Engineering
Construction
Capital Approp Equipment Capital Approp - Studies Site Work- State's Share
1,337,722
1,337,722 26,754,450
Construction - State's Share 26,754,450
Site Work - County's Share
720,312
720,312
A&E - County's Share
2,593,000
2,593,000
Construction - County's Share 22,844,553
2,751,500 20,093,053
Equipment - County's Share Studies - County's Share
4,000,000
4,000,000
0
Total Cost:
58,650,037
400,000
5,344,500 52,905,537
Funding Schedule:
Project Total
Prior Budget
Categories
2023
2024
2025
2026
2027
2028 Costs After
Trans from General Fund
5,400,000 5,500,000
400,000
5,000,000
Trans from School Construction
2,500,000 3,000,000
General Obligation Bonds Bonds - Forward Funding MD BOE - Cash Forward Funding
19,657,865
2,844,500 16,813,365
0
28,092,172
28,092,172
Total Cost:
58,650,037
400,000
5,344,500 52,905,537
243
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