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Classroom/Building Improvements
<br />Project Category:School Capital Project Status:Active Project Type
<br />Functional Service
<br />Area:Education Proposed Bid
<br />Award Date:TBD New
<br />District:Orange County Schools Starting Date:7/1/17 Expansion
<br />Project Number:51025 Completion Date:Ongoing Renovation X
<br />Replacement X
<br />Project Description/Justification:Funding of $477,362 in
<br />FY 2018-19 includes exterior resurfacing work at Cameron
<br />Park Elementary, drainage improvments at Pathways
<br />Elementary, upgrade science classroooms at Orange High
<br />School, and upfit and infrastructure work at Corporate Drive
<br />property. Funding of $1,972,764 in FY 2019-20 includes
<br />older facilities improvements at various schools; $1.0 million
<br />of this amount is from Bond proceeds to cover kitchen and
<br />cafeteria renovations, flooring, upgrades to LED lighting in
<br />classrooms, hallways, and general areas of the school, and
<br />exterior streetscape and drainage upgrades, $329,000 in FY
<br />2020-21, $377,896 in FY 2021-22, $377,896 in FY 2022-23, and $377,896 in FY 2023-24 includes funds for
<br />older facilities improvements and classroom/building improvements at various schools district-wide.
<br />
<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 50,000 -
<br /> Construction/Repairs/Renovations 4,572,207 241,862 637,564 225,000 225,000 1,087,564
<br /> Improvements to Older Facilities 508,100 235,500 235,200 104,000 339,200
<br /> Bond Projects 1,000,000 1,000,000
<br /> Reserve - Deferred Maintenance 100,000 152,896 377,896 377,896 1,008,688 1,684,392
<br /> Total Project Budget:5,130,307 477,362 1,972,764 329,000 377,896 377,896 377,896 3,435,452 1,684,392
<br />Revenues/Funding Source
<br /> From General Fund (PAYG)1,385,888 -
<br /> From Article 46 Sales Tax Proceeds
<br /> Qualified School Construction Bonds 2,946,819
<br /> Addtl PAYG (from Lottery Proceeds)241,862 250,000 152,896 377,896 377,896 1,158,688 1,234,392
<br /> Bond Proceeds 1,000,000 225,000 225,000 1,450,000
<br /> Debt Financing - 2/3 Net Debt Bonds 289,500 -
<br /> Debt Financing - Older Facilites 508,100 235,500 235,200 104,000 339,200
<br /> Debt Financing - School Improvements 487,564 487,564 450,000
<br /> Grant Funds -
<br /> Total 5,130,307 477,362 1,972,764 329,000 377,896 377,896 377,896 3,435,452 1,684,392
<br />Education Related Operating Costs
<br /> Personnel Services -
<br /> Operations -
<br /> Recurring Capital
<br /> New/Addl Revenue -
<br /> Total Operating Costs --------
<br />139
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