|
1 5
<br /> School Financing Options
<br /> Facilities
<br /> Year
<br /> Needed CHCCS OCS Total
<br /> Elem School#8 1999 14,100,000 - 14,100,000
<br /> CH High Addition 1999 11,800,000 - 11,800,000
<br /> Middle School#4 2000 22,500,000 - 22,500,000
<br /> Elem School OCS 1999 - 14,500,000 14,500,000
<br /> Total $ 48,400,000 $ 14,500,000 $ 62,900,000
<br /> Funding Sources
<br /> State Bond $ 10,995,840 $ 5,980,160 $ 16,976,000
<br /> Impact Fees
<br /> 1997-98 1,100,000 344,250 1,444,250
<br /> 1998-99 1,122,000 351,135 1,473,135
<br /> 1999-00 1,144,440 358,158 1,502,598
<br /> Total Impact Fees $ 3,366,440 $ 1,053,543 $ 4,419,983
<br /> Private Placement(CHCCS Elem School)
<br /> Fall 1996 5,000,000 - 5,000,000
<br /> Fall 1997 9,000,000 - 9,000,000
<br /> Total Private Placement $ 14,000,000 $ - $ 14,000,000
<br /> County Bond Referendum
<br /> CHCCS Middle School. 20,735,185 - 20,735,185
<br /> OCS Elem School - 7,466,297 7,466,297
<br /> Total Revenue New Schools $ 49,097,465 $ 14,500,000 $ 63,597,465
<br /> Bond Funds for Renovations 3,002,535 4,795,983 7,798,518
<br /> Total Funding For Schools $ 52,100,000 $ 19,295,983 $ 71,395,983
<br /> Revised 9/17
<br /> a
<br /> October 15, 1996 10/10/96
<br />
|