Orange County NC Website
Browse       Search
New Facilities <br />Project Category:School Capital Project Status:New Project Type <br />Functional Service <br />Area:Education Proposed Bid <br />Award Date:TBD New <br />X <br />District:Orange County Schools Starting Date:5/1/17 Expansion X <br />Project Number:New Completion Date:6/30/22 Renovation X <br />Replacement <br />Project Description/Justification:Funding in FY 2019-20 <br />includes $14,500,000 for construction of a classroom wing addition <br />at Cedar Ridge High School. Additional classroom space is <br />necessary to add capacity to the building, including 25 additional <br />classrooms, and fits the buildings overall facility plan. Funding will <br />also allow for expanding the CTE program and adequately funding <br />an outdoor learning laboratory. <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 - <br /> Bond Projects 3,100,000 14,500,000 900,000 15,400,000 <br /> Equipment/Furnishings - <br /> Total Project Budget:3,100,000 - 14,500,000 - 900,000 - - 15,400,000 - <br />Revenues/Funding Source <br /> From General Fund (PAYG)-- <br /> From Article 46 Sales Tax Proceeds <br /> Addtl PAYG (from Lottery Proceeds)- <br /> Financing - School Improvements --- <br /> Bond Proceeds - Financing 3,100,000 14,500,000 900,000 - - 15,400,000 <br /> Grant Funds - <br /> Total 3,100,000 - 14,500,000 - 900,000 - - 15,400,000 - <br />Education Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> Recurring Capital <br /> New/Addl Revenue - <br /> Total Operating Costs -------- <br />146