FY2025 Proposed Capital Improvement Program

FY2025 - 2030 Proposed Capital Improvement Program Board of Education

Project

6-year

Total Project

Prior

2025

2026

New/Modernizations Dedicated Reserve for Future Years for School Construction Yellow Springs ES Replacement Middletown Co-located ES/MS replacement Liberty ES: Replacement Brunswick HS: Replacement Valley ES Replacement/Addition New ES Site #41 (formerly Eastern ES) Green Valley ES Replacement/Addition New ES Site #42 (Southern Frederick area ES) Walkersville MS: Modernization

142,848,819 142,848,819

0

21,346,438

22,447,156

37,021,638

54,289,142

17,267,504 8,816,215

34,914,638 20,758,197

2,107,000 77,754,070

104,737,267 113,553,482

55,931,688

56,010,188

78,500 186,008

0 0 0 0 0 0

0 0 0 0 0

134,147,898 134,333,906

0

56,060,976 63,773,164 53,053,655 48,116,217 68,495,961 11,163,695 17,735,000 20,377,965 18,110,610 18,206,259 14,950,284 20,752,658 19,191,500 1,234,802 7,500,000

56,060,976 3,000,000 53,053,655

60,773,164

19,766,044

0

46,116,217

0

200,000 4,500,000

0

0

0

FCPS Bus Facility

6,663,695

1,500,000

1,500,000

Total: New/Modernizations

586,276,691 801,699,205 145,126,553

78,519,273 123,574,270

Systemic

Systemics - Generic

17,735,000 20,250,000 5,492,890 2,778,284 20,752,658 19,191,500 314,802 7,500,000 0

0

4,235,000

2,500,000

Limited Renovations Systemic Monocacy ES Limited Renovations Spring Ridge ES Limited Renovations Ballenger Creek ES Limited Renovations Twin Ridge ES Limited Renovations Hillcrest ES Limited Renovations

127,965 18,110,610 12,713,369 12,172,000

0 0

0 0 0 0

5,492,890 2,778,284

0 0

0 0

14,622,055 850,000 1,000,000 18,972,055 0

New Buses-Capacity Portable Classrooms FY2025

920,000

314,802 2,500,000 15,320,976

0

Total: Systemic

94,015,134 138,059,078

44,043,944

Total Expense

680,291,825 939,758,283 189,170,497

93,840,249 142,546,325

Funding General Fund

189,259,094 200,219,954 109,382,656 171,062,535

7,779,453 36,679,879 17,384,508 22,770,700 5,279,172 86,695,669 12,581,116

27,498,785 21,232,306 1,058,950 4,018,667 1,264,692 23,385,860 15,380,989

40,324,878 16,425,162 3,000,000 7,660,691 2,000,000 15,000,000 58,135,594

General Fund Bonds & Capital Leases

Recordation Tax & Bonds Impact Fees & Bonds School Mitigation Fee

9,513,950 46,067,857 19,775,796

26,898,458 68,838,557 25,054,968

Grants Other

98,385,860 185,081,529 207,906,612 262,602,282

Total Funding Sources

680,291,825 939,758,283 189,170,497

93,840,249 142,546,325

196