FY2025 Proposed Capital Improvement Program
Capital Project Summary
Capital Project Number: ED5905
Activity #:
Capital Project Title: Twin Ridge ES Limited Renovations
Region:
Asset Type: Systemic Asset Category: Board of Education
Year Identified: 2024 Est Completion Date: 6/30/2027
Capital Project Status: Active
Capital Project Description: Twin Ridge ES was constructed in 1992 and has been identified as a project qualifying for a limited renovation due to its age and facility condition index. Like other limited renovation projects, the Twin Ridge ES limited renovation is expected to improve five or more building systems as well as the educational environment for students within the entire 68,900 sf building.
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2025
2026
2027
2028
2029
2030 Costs After
Site Work- State's Share
562,515
562,515
Construction - State's Share 11,826,665
8,305,411 3,521,254
Equipment - State's Share Site Work - County's Share
586,250 277,059
586,250
277,059
Construction - County's Share 7,211,419
5,477,070 1,734,349
Equipment - County's Share
288,750
288,750
Total Cost:
20,752,658
14,622,055 6,130,603
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
1,600,000 6,177,228 12,975,430
1,250,000 350,000 4,504,129 1,673,099 8,867,926 4,107,504
Total Cost:
20,752,658
14,622,055 6,130,603
215
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