FY2026-FY2031 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: ED5905 Capital Project Title: Twin Ridge ES Limited Renovations Asset Category: Board of Education Asset Type: Systemic Capital Project Status: Active

Activity #: Region: Est Completion Date: 6/30/2027 Year Identified: 2024

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. This project is being accelerated with 100% of the project being county-only funding. This is expected to result in cost savings and a shorter timeline.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031

Costs After

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

0 0 0

839,574

839,574

19,038,084

19,038,084

875,000

875,000

Total Cost:

20,752,658

20,752,658

Funding Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031

Costs After

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

0

20,752,658

20,752,658

0 0

Total Cost:

20,752,658

20,752,658

226