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13 <br /> Proposed <br /> Elementary School Budget <br /> A. New Construction: <br /> 98,962 square feet @ $70/sf $6,927,340 <br /> Inflation @ 2.5% (Jan. '95 start) 173,184 <br /> B. Site Development: <br /> 98,962 square feet @ $6.00/sf 593,772 <br /> C. Fixed Equipment: 380,000 <br /> D. Movable Equipment 400,000 <br /> E. Technology 550,000 <br /> F. Non-Personnel Start-up Costs 333,270 <br /> G. Fees (Architect, consultant, <br /> Testing, and Permits) 789,349 <br /> H. Contingency 500,000 <br /> Total Project Budget 10,646,915 <br />