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Recurring Capital Projects
<br /> Project Category: School Capital Project Status: New Project Type
<br /> Functional Service Education Proposed Bid TBD New
<br /> Area: Award Date:
<br /> District: Chapel Hill-Carrboro Starting Date: TBD Expansion
<br /> City Schools
<br /> Project Number: Various Completion Date: TBD Renovation X
<br /> Replacement X
<br /> Project Description/Justification: To address recurring capital projects as identified by the school system each
<br /> fiscal. The $1,821,900 each fiscal year represents CHCCS portion, based on the current ADM, of the
<br /> $3,000,000 provided schools each year for recurring capital projects. The funding source for these annual
<br /> projects used to be pay-as-you-go, but beginning in FY 2018-19, they will be debt financed. Examples of FY
<br /> 2019-20 projects include: furnishings and equipment at schools district-wide, drainage improvements, carpet/tile
<br /> installation, roof repairs, and mechnical and plumbing repairs/renovations.
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10
<br /> Appropriation
<br /> Land/Building
<br /> Professional Services -
<br /> Construction/Repairs/Renovations 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 9,109,500 9,109,500
<br /> Equipment/Furnishings -
<br /> Total Project Budget: 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 9,109,505 9,109,500
<br /> Revenues/Funding Source
<br /> From General Fund(PAYG) -
<br /> From Article 46 Sales Tax Proceeds
<br /> From Bond Proceeds -
<br /> Debt Financing-School Improvements 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 9,109,500 9,109,500
<br /> Debt Financing-Deferred Maintenance -
<br /> Grant Funds -
<br /> Total 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 1,821,900 9,109,500 1 9,109,500
<br /> Education Related Operating Costs
<br /> Personnel Services -
<br /> Operations
<br /> Recurring Capital
<br /> New/Add/Revenue
<br /> Total Operating Costs
<br /> 132
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