FY2023-FY2028 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED5902

Activity #:

Capital Project Title: Monocacy 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: Monocacy Elementary, originally constructed in 1989, has had no renovations or additions. The limited renovation will upgrade deficient systems throughout the entire building, make limited changes to the building layout, improving the main office and health suite and adding support spaces that are not currently available. Building and ADA code compliance is also a priority. Other changes will improve the building finishes, including repainting interior and exterior surfaces, replacement of ceiling tiles (including sprinkler heads), replacement of some flooring and repointing exterior bricks, where needed.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Construction - State's Share

7,614,994

5,180,094 2,434,900 5,236,266 1,311,100 10,416,360 3,746,000

Construction - County's Share 6,547,366

Total Cost:

14,162,360

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

1,882,000

1,882,000

425,000

300,000 125,000 4,936,266 1,186,100 3,298,094 2,434,900

6,122,366 5,732,994

Total Cost:

14,162,360

10,416,360 3,746,000

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