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Recurring Capital Projects
<br />Project Category:School Capital Project Status:New Project Type
<br />Functional Service
<br />Area:Education Proposed Bid
<br />Award Date:TBD New
<br />District: Chapel Hill-Carrboro
<br />City Schools Starting Date:TBD Expansion
<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.
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<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 9,109,500 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 9,109,500
<br />Education Related Operating Costs
<br /> Personnel Services -
<br /> Operations -
<br /> Recurring Capital
<br /> New/Addl Revenue -
<br /> Total Operating Costs --------
<br />132
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