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Schools Capital Projects Summary
<br />Fiscal Years 2010-16
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br />Projects by School System 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 Total Year 10
<br />Partnership Academy Alternative School 5,000 100,000 105,000 105,000
<br />Gravelly Hill Middle School 17,500 12,000 3,000 15,500 30,500 48,000
<br />Cedar Ridge High School 125,000 415,000 30,000 10,185,000 2,405,000 14,010,000 27,045,000 27,170.,000
<br />Transportation Department 77,000 . 187,000 107,000 77,000 375,000 746,000 823,000
<br />District 1,466,000 1,082,500 1,119,900 1,115,000 1,072,500 985,000 5,374,900 6,840,900
<br />(Unfunded) (6,612,650) 2,644,714) (1,634,079) (10,537,976) (2,830,545) 14,767,662 32,414,976 39,027,626
<br />Total 1,563,850 1,573,786 1,583,821 1,599,024 1,614,455 1,635,338 8,006,424 9,570,274
<br />Total all Schools 4,098,761 4,124,662 4,150,823 4,190,455 4,230,682 _ __4,285,123 20,795,383 25,080,506
<br />Revenues/Funding Source
<br />General Fund (Pay-As-You-Go) 2,590,117 2,616,018 2,642,178 2,681,811 2,722,038 2,776,479 13,252,163
<br />Lottery Proceeds (1) 1,508,644 1,508,644 1,508,644 1,508,644 1,508,644 1,508,644 7,543,220
<br />Debt Financing
<br />4,098,761 4,124,662 4,150,822 4,190,455 4,230,682 4,285,123 20,795,383
<br />* The article 46 one quarter cent sales tax, if approved, could add $977,500 of additional revenues for Schools Capital
<br />(1) For fiscal 2010-11 the State reduced lottery proceeds from 40% of net proceeds to $25.8% in order to reallocate funds to the State
<br />Budget for classroom teachers and university scholarships. The CIP assumption is that this amount will remain constant for the next
<br />16,028,642
<br />9,051,864
<br />506
<br />• • • m
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