FY2024-FY2029 Adopted Capital Improvement Program
Capital Project Summary
Capital Project Number: ED1022
Activity #: C1615.1615.02
Capital Project Title: Northern Frederick City area ES New (Yellow Springs ES)
Region: Frederick
Asset Type: New/Modernizations Asset Category: Board of Education
Year Identified: 2010 Est Completion Date: 8/31/2027
Capital Project Status: Active
Capital Project Description: Yellow Springs ES is approximately 52,600 gross square feet and was originally constructed in 1957 with additions in 1966 and 1974. The building and has a state rated capacity (SRC) of 453. A feasibility study was completed, in September 2022, and the Board of Education approved the replacement of the Yellow Springs ES. This project will construct the replacement school at a site in the Tuscarora Creek subdivision, near Walter Martz Road and Christopher ’ s Crossing, in the City of Frederick. The replacement Yellow Springs ES will have a new 745 SRC and is anticipated to relieve capacity issues and utilize a new prototype design. The former site of the Yellow Springs ES will be demolished, once the new school is operational, and the site will be retained by the Board of Education for future needs in the area.
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2024
2025
2026
2027
2028
2029 Costs After
Site Work- State's Share
4,345,323 2,275,593
4,345,323 2,275,593
A&E - State's Share
Construction - State's Share 24,241,658
4,941,084 19,300,574
Equipment - State's Share Site Work - County's Share
1,300,000 2,339,790 1,225,320
1,300,000
2,339,790 1,225,320
A&E - County's Share
Construction - County's Share 12,451,533
2,058,916 10,392,617
Equipment - County's Share
700,000
700,000
Total Cost:
48,879,217
17,186,026 29,693,191 2,000,000
Funding Schedule:
Project Total
Prior Budget
Categories
2024
2025
2026
2027
2028
2029 Costs After
MD BOE - Capital Project Trans from Impact Fee General Obligation Bonds MD BOE - Cash Forward Funding
11,562,000 6,234,894 10,481,749 20,600,574
11,562,000
2,285,700 3,949,194
3,338,326 6,443,423 700,000
19,300,574 1,300,000
Total Cost:
48,879,217
17,186,026 29,693,191 2,000,000
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