FY2025 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1051

Activity #:

Capital Project Title: New ES Site #42 (Southern Frederick area ES)

Region:

Asset Type: New/Modernizations Asset Category: Board of Education

Year Identified: 2023 Est Completion Date: 8/31/2031

Capital Project Status: Active

Capital Project Description: An additional placeholder elementary school, with a state rated capacity of at least 725, is planned for future years to address growth. This school will either be located in the southern areas of Frederick City or on the eastern side of Frederick City depending on which area has a greater need at the time of planning. A new school in the southern area could help balance enrollments at Tuscarora ES, Ballenger Creek ES, Orchard Grove ES and surrounding schools. A new school on the eastern side of Frederick City could help balance enrollments at Parkway ES, Spring Ridge ES, Blue Heron ES and surrounding schools. The Board of Education owns approximately 13 acres of land for a potential elementary school in the Ballenger Run subdivision near Ballenger Creek Pike and efforts are underway to secure an additional school site on the eastern side of Frederick City.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Site Work- State's Share

4,002,786 2,769,791

4,002,786 2,769,791

A&E - State's Share

Construction - State's Share 21,067,297

3,347,500 17,719,797

Site Work - County's Share

2,182,327 2,671,426

2,182,327 2,671,426

A&E - County's Share

Construction - County's Share 13,422,590

1,802,500 11,620,090

Equipment - County's Share

2,000,000 48,116,217

2,000,000

Total Cost:

16,776,330 29,339,887 2,000,000

Funding Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Trans from Impact Fee

13,276,343 5,000,000 2,000,000 27,839,874

4,656,253 8,620,090 2,000,000 3,000,000

Trans from School Mitigation General Obligation Bonds MD BOE - Cash Forward Funding

2,000,000

10,120,077 17,719,797

Total Cost:

48,116,217

16,776,330 29,339,887 2,000,000

207

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