FY2023-FY2028 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED5901

Activity #: C1033.1033.02

Capital Project Title: Thurmont ES Limited Renovations

Region:

Asset Type: Systemic Asset Category: Board of Education

Year Identified: 2022 Est Completion Date:

Capital Project Status: Active

Capital Project Description: Thurmont Elementary School (ES) serves students in third through fifth grade with a Facility Condition Index (FCI) of 32%, classified as critical. FCPS completed a facility and program assessment of Thurmont Elementary to determine opportunities for a limited renovation to extend the life of the building. In October 2020, the Board of Education (BOE) voted to proceed with a limited renovation at Thurmont ES. The project is expected to be completed during the summer of ¶ and will include enclosing the ³ open-space ´ portion of the building, addressing security needs, aligning spaces with current educational specifications, upgrading the HVAC system and completing other energy-efficient upgrades and touch ups to building interiors.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Construction - State's Share 4,604,302 3,165,000 1,439,302 Construction - County's Share 6,073,865 4,690,035 1,383,830 Total Cost: 10,678,167 7,855,035 2,823,132

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

MD BOE - Capital Project Trans from General Fund General Obligation Bonds MD BOE - Cash Forward Funding

1,295,000

1,295,000

935,145 810,145 125,000 5,138,720 3,879,890 1,258,830 3,309,302 3,165,000 144,302

Total Cost:

10,678,167 7,855,035 2,823,132

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