FY2026-FY2031 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1022 Capital Project Title: Yellow Springs ES Replacement Asset Category: Board of Education Asset Type: New/Modernizations Capital Project Status: Active

Activity #: C1615.1615.02 Region: Frederick Est Completion Date: 8/31/2026 Year Identified: 2010

Capital Project Description: Yellow Springs ES is approximately 52,600 gross square feet and was originally constructed in 1957 with additions in 1966 and 1974. The new facility will be constructed near Christophers Crossing, Walter Martz Road, and Spring Run Drive, in the City of Frederick. The school will accommodate students from pre-kindergarten through 5th grade, with a state-rated capacity of 745 students, housed in a multi-story facility encompassing approximately 84,553 gross square feet. The design of the building has been adapted to meet site conditions and will become the new prototype elementary school design for the county. The former site of the Yellow Springs ES will be retained by the Board of Education for future needs.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031

Costs After

Site Work- State's Share

4,345,323 2,275,593

4,345,323 2,275,593

A&E - State's Share

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

25,381,786 25,381,786

0

2,339,790 1,306,798

2,339,790 1,306,798

A&E - County's Share

Construction - County's Share Equipment - County's Share

23,605,660 16,532,852

7,072,808 2,107,000 9,179,808

2,107,000

Total Cost:

61,361,950 52,182,142

Funding Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031

Costs After

MD BOE - Capital Project Trans from General Fund Trans from Impact Fee General Obligation Bonds MD BOE - Cash Forward Funding

25,313,238 25,313,238

2,188,478 8,596,565

81,478

2,107,000 3,107,000 3,965,808

5,489,565

18,574,205 14,608,397

6,689,464

6,689,464

Total Cost:

61,361,950 52,182,142

9,179,808

216

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