FY2025 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: ED5002

Activity #: C1050.1050.02

Capital Project Title: Limited Renovations Systemic

Region: Countywide

Asset Type: Systemic Asset Category: Board of Education

Year Identified: 2021 Est Completion Date: 6/30/2030

Capital Project Status: Active

Capital Project Description: Limited Renovation projects enable FCPS provide a mid-life upgrade to school buildings. Under the state funding definition, at least five major building systems must be improved, and educational improvements may also be completed. Limited Renovation projects address schools that are at least 35 years old with high Facility Condition Index (FCI) scores. In addition, limited renovation projects seek to potentially right-size educational spaces, increase building utilization and gain efficiencies. Each year the BOE decides on which specific limited renovation project should be funded.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Capital Appropriations

127,965 127,965

Construction - State's Share 13,162,500 Construction - County's Share 7,087,500

4,387,500 4,387,500 4,387,500 2,362,500 2,362,500 2,362,500 6,750,000 6,750,000 6,750,000

Total Cost:

20,377,965 127,965

Funding Schedule:

Project Total

Prior Budget

Categories

2025

2026

2027

2028

2029

2030 Costs After

Trans from General Fund General Obligation Bonds MD BOE - Cash Forward Funding

577,965 127,965

150,000 150,000 150,000 2,212,500 2,212,500 2,212,500 4,387,500 4,387,500 4,387,500

6,637,500 13,162,500

Total Cost:

20,377,965 127,965

6,750,000 6,750,000 6,750,000

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