FY2024-FY2029 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED5903

Activity #: C1035.1035.02

Capital Project Title: Spring Ridge ES Limited Renovations

Region:

Asset Type: Systemic Asset Category: Board of Education

Year Identified: 2023 Est Completion Date: 6/30/2025

Capital Project Status: Active

Capital Project Description: Spring Ridge ES was constructed in 1991 and has been identified as the next project qualifying for a limited renovation due to its age and facility condition index (FCI). The limited renovation will renovate or replace more than 5 building systems and improve building finishes for the entire 66,276 sq ft building including cooperative use space for 647 students. Selected educational program enhancements will also be included. Limited renovations enable FCPS to upgrade building systems, potentially right-size educational spaces to gain added capacity, and increase building utilization and efficiency. FCPS generally completes elementary level limited renovation projects over two summers to minimize disruption.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

Construction - State's Share 10,686,375 Construction - County's Share 7,519,884

7,462,049 3,224,326 5,251,320 2,268,564 12,713,369 5,492,890

Total Cost:

18,206,259

Funding Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

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

5,684,277 7,519,884 5,002,098

5,684,277

5,251,320 2,268,564 1,777,772 3,224,326

Total Cost:

18,206,259

12,713,369 5,492,890

275

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