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<br />RECOMMENDED 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 />Chapel Hill Carrboro City Schools -
<br />Long Range Capital
<br />Pay-As-You-Go Funds 1,496,647 1,607,615 1,631,729 1,656,205 1,681,048 1,706,264 8,282,861 8,531,320
<br />Lottery Proceeds 830,000 815,924 815,924 815,924 815,924 815,924 4,079,620 4,079,620
<br />QSCB 4,630,000
<br />Elementary# 71 500,000 21,115,000 21,615,000 50,406,000
<br />Total 6,956,647 2,923,539 23,562,653 2,472,129 2,496,972 2,522,188 33,977,481 63,016,940
<br />Orange County Schools
<br />Long Range Capital
<br />Pay-As-You-Go Funds 993,569 1,021,354 1,036,674 1,052,224 1,068,008 1,084,028 5,262,288 5,420,140
<br />Lottery Proceeds 879,608 506,349 506,349 506,349 506,349 506,349 2,531,745 2,531,745
<br />OSCB 8,71,323
<br />CRHSAuxiliaryGym 10,175,000 10,175,000 37,388,000
<br />Total 10,144,500 1,527,703 1,543,023 1,558,573 11,749,357 1,590,377 17,969,033 45,339,885
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<br />Total all Schools 17,101,147 4,451,242 25,105,676 4,030,702 14,246,329 4,112,565 51.946.514 108.356.825
<br />Revenues/Funding Source
<br />General Fund (Pay-As-You-Go) 2,590,117 2,628,969 2,668,403 2,708,429 2,749,056 2,790,292 13,545,149 13,951,460
<br />Lottery Proceeds (1) 1,709,608 1,322,273 1,322,273 1,322,273 1,322,273 1,322,273 6,611,365 6,611,365
<br />Debt Financing 12,901,323 500,000 21,115,000 10,175,000 31,790,000 87,794,000
<br />17,201,048 4,451,242 25,105,676 4,030,702 14,246,329 4,112,565 51,946,514 108,356,825
<br />"The article 46 one quarter cent sales tax, if approved, and 50% goes to Schools, could add $1,250,000 of additional revenues for Schools Capital
<br />(1) $100 million dollars of Lottery Proceeds are included the State's proposed 2011/12 budget. The funds will be distributed on the basis of each school
<br />systems Average Daily Membership. The CIP assumes that this amount will remain constant for the next five fiscal years.
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