FY2025 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1048

Activity #: C1611.1611.02

Capital Project Title: New ES Site #41 (formerly Eastern ES)

Region:

Capital Project Status: In Progress Asset Type: New/Modernizations Asset Category: Board of Education

Year Identified: 2021 Est Completion Date: 8/31/2028

Capital Project Description: A new elementary school is needed to serve the new residential subdivisions on the east side of Frederick City, as well as the growing communities located in the County along I-70 east of Frederick City. A school site for elementary school #41 was identified in the Greenview PUD, located on Mussetter Rd. and Whiterose Dr. just north of Rt 144 and I-70, and approved by the BOE and State Interagency Commission on School Construction (IAC). It is anticipated that the new school will have a SRC over 800 and utilize aspects of urban design to help balance enrollments at schools located on the East side of Frederick City, such as, Blue Heron ES (103%) and Oakdale ES (160%) as well as the additional growth expected in the City that feeds into Spring Ridge ES (93%) and Parkway ES (107%). School #41 does not have State IAC planning approval.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Land

3,000,000 3,000,000

Inspectors - County

200,000

200,000

Site Work- State's Share

4,916,253 4,172,200

4,916,253 4,172,200

A&E - State's Share

Construction - State's Share 24,445,016

3,149,000 21,296,016

Equipment - State's Share Site Work - County's Share

1,430,000 3,567,627 5,517,964

1,430,000

3,567,627

A&E - County's Share

2,109,964 3,408,000 1,851,000 13,903,104

Construction - County's Share 15,754,104

Equipment - County's Share

770,000

770,000

Total Cost:

63,773,164 3,000,000

19,766,044 38,807,120 2,200,000

Funding Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Trans from Impact Fee

14,298,591 2,000,000

5,528,591 6,000,000 770,000

Trans from School Mitigation 13,511,104

2,000,000 11,511,104

Trans from School Construction

0

General Obligation Bonds MD BOE - Cash Forward Funding

1,000,000 1,000,000

34,963,469

12,237,453 21,296,016 1,430,000

Total Cost:

63,773,164 3,000,000

19,766,044 38,807,120 2,200,000

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