FY2025 Proposed Capital Improvement Program

FY2025 - 2030 Proposed Capital Improvement Program Board of Education - Continued

Project

2027

2028

2029

2030

Costs After

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

23,636,856

24,380,361

25,135,772

25,902,236

0

0

0 0

0 0

0 0

0 0 0 0 0 0 0

6,225,000

0

17,383,342 27,139,664

36,348,346 85,838,558

2,200,000 9,231,000

11,938,676

0

0

0 0 0

0 0 0

38,807,120

2,200,000

0 0

0 0 0 0

16,776,330

29,339,887

2,000,000

200,000 1,500,000 82,307,652

0 0

0 0

68,295,961

FCPS Bus Facility

0

Total: New/Modernizations

71,103,367 164,099,006

66,673,123

70,295,961

Systemic

Systemics - Generic

2,500,000

2,500,000 6,750,000

3,000,000 6,750,000

3,000,000 6,750,000

0 0 0 0 0 0 0 0 0 0

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

0 0 0 0

0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

6,130,603 13,750,000 1,000,000 23,380,603 105,688,255 27,643,249 11,182,762 1,955,000 6,270,000 11,511,104 15,000,000 32,126,140 105,688,255 0

4,591,500

New Buses-Capacity Portable Classrooms FY2025

0

1,000,000 14,841,500

1,000,000 10,750,000

1,000,000 10,750,000 77,423,123

Total: Systemic

Total Expense

85,944,867 174,849,006

70,295,961

Funding General Fund

30,575,049 14,316,987 1,500,000 4,204,873 15,000,000 20,347,958 0

35,177,147 40,240,689 2,000,000 14,801,536 2,000,000 15,000,000 65,629,634

28,039,986 5,984,750 9,112,090 3,000,000 15,000,000 16,286,297 77,423,123 0

3,181,407 25,000,000

General Fund Bonds & Capital Leases

Recordation Tax & Bonds Impact Fees & Bonds School Mitigation Fee

0 0 0 0

Grants Other

42,114,554 70,295,961

Total Funding Sources

85,944,867 174,849,006

197

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