Agenda - 01-04-1993 - VIII-A - Laserfiche WebLink

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O5 t ) (! rangt (!Inuntg *Omits 4wyEifit10 ' 200 EAST KING STREET HILLSBOROUGH, NORTH CAROLINA 27278-2570 OFFICE OF THE SUPERINTENDENT (919) 732-8126 MEMO TO: JOHN LINK, COUNTY MANAGER J FROM: ANDY OVERSTREET, SUPERINTENDENT / f ' DATE: NOVEMBER 5, 1992 SUBJECT: CASH FLOW PROJECTIONS FOR SCHOOL BOND PROJECTS We have prepared our best estimate of quarterly cash flow requirements instead of monthly estimates which will not be available for some time. We are proceeding with architect selection and site selection as fast as possible. We are also working with a technology planner/engineer for implementation of these projects early on. Our quarterly needs are as follows : - I MIDDLE SCHOOL TECHNOLOGY Now through March 1993 $ 1, 900, 000 $ 50,000 April - June 1993 500, 000 50, 000 5, , b July - Sept 1993 200, 000 300,000 Oct - Dec 1993 1,700, 000 300, 000 Jan - Mar 1994 450,000 50 ,000 'April - June 1994 1,900, 000 100, 000 �� July - Sept 1994 1,900, 000 600, 000 Oct - Dec 1994 700, 000 300, 000 Jan Mar 1995 750, 000 150, 000 Aril - June 1995 1,500, 000 50, 000 ;July - Sept 1995 2,000, 000 50,000 4. ( iTh 0 Oct - Dec 1995 300, 000 -0- Jan - Mar 1996 200, 000 -0- $14,000, 000 - $2,000, 000 We do hope to have our site selected so that we may be able to close on the property as early as March 1993 . If not, those funds will be needed the next quarter. As you know, our cash flow estimates will likely change as professional detailed plans are completed for each project. If you have questions please call. pc: Wayne Watts School Board Members Ke Chavious r lly Kost i!;