FY2024-FY2029 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1017

Activity #: C1605.1605.02

Capital Project Title: Urbana ES: Replacement

Region: Urbana

Asset Type: New/Modernizations Asset Category: Board of Education

Year Identified: 2010 Est Completion Date: 8/31/2020

Capital Project Status: Active

Capital Project Description: The construction for a new replacement Urbana Elementary School was completed in August 2020. The replacement school houses grades Pre-K-5 and is a multi-story facility with a state rated capacity (SRC) of 725. The Board of Education completed a redistricting study of the area to determine the attendance boundary for Urbana ES that became effective when the school was opened. *Current budget reflects state funding source change only.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

Site Improvement - NonBldg

0 0 0 0

Architect/Engineering

Construction

Capital Approp Equipment Site Work- State's Share

2,902,000 2,902,000 Construction - State's Share 15,273,000 15,273,000 Site Work - County's Share 2,854,134 2,854,134 A&E - County's Share 1,400,000 1,400,000 Construction - County's Share 21,810,531 21,810,531 Equipment - County's Share 1,900,000 1,900,000 Total Cost: 46,139,665 46,139,665

Funding Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

MD BOE - Capital Project Trans from Impact Fee Trans from School Mitigation

18,030,425 18,044,877

-14,452

3,144,575 3,000,000 144,575

4,000,000 4,000,000 1,950,000 1,950,000

Trans from School Construction

General Obligation Bonds Bonds - Forward Funding MD BOE - Cash Forward Funding

19,014,665 19,014,665

0

0 130,123 -130,123

Total Cost:

46,139,665 46,139,665

257