Orange County NC Website
Roofing Projects <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:51010 Completion Date:Ongoing Renovation X <br />Replacement X <br />Project Description/Justification:Funding of $924,980 in FY <br />2018-19 includes roof replacement work at Central Elementary, <br />C.W. Stanford Middle, and Orange High School. Funding of <br />$1,692,535 in FY 2019-20 includes roof replacement work at <br />Central Elementary, Orange High School, Cameron Park <br />Elementary, A.L. Stanback Middle, Grady A. Brown Elementary, <br />and Hillsborough Elementary. Funding of $1,215,383 in FY 2020- <br />21 includes roof replacement work at Central Elementary, Efland- <br />Cheeks Global Elementary, Cameron Park Elementary, <br />Hillsborough Elementary, New Hope Elementary, and Orange High <br />School. Funding of $1,895,170 in FY 2021-22 includes roof <br />replacement work at Cameron Park Elementary, Grady A. Brown Elementary, Orange High School, Pathways <br />Elementary, A.L. Stanback Middle, and Efland-Cheeks Global Elementary. Funding of $1,657,593 in FY 2022- <br />23 includes roof replacement work at Cameron Park Elementary, C. W. Stanford Middle, Efland-Cheeks Global <br />Elementary, New Hope Elementary, Orange High School, and Pathways Elementary. Funding of $1,657,457 in <br />FY 2023-24 includes roof replacement at Cameron Park Elementary, C.W. Stanford Middle, Efland-Cheeks <br />Global Elementary, New Hope Elementary, and Orange High School. <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 3,438,355 924,980 379,542 1,215,383 1,304,334 1,657,593 1,657,457 6,214,309 2,763,441 <br /> Bond Projects 2,744,000 1,312,993 590,836 1,903,829 <br /> Equipment/Furnishings - <br /> Total Project Budget:6,182,355 924,980 1,692,535 1,215,383 1,895,170 1,657,593 1,657,457 8,118,138 2,763,441 <br />Revenues/Funding Source <br /> From General Fund (PAYG)1,106,200 - <br /> From Article 46 Sales Tax Proceeds <br /> Qualified School Construction Bonds 1,600,000 <br /> Debt Financing - School Improvements 478,000 121,825 379,542 1,215,383 1,304,334 1,657,593 1,657,457 6,214,309 2,763,441 <br /> Debt Financing - 2/3 Net Debt Bonds 254,155 803,155 - <br /> Debt Financing - Older Facilities - <br /> Bond Proceeds - Financing 2,744,000 1,312,993 590,836 1,903,829 <br /> Grant Funds - <br /> Total 6,182,355 924,980 1,692,535 1,215,383 1,895,170 1,657,593 1,657,457 8,118,138 2,763,441 <br />Education Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> Recurring Capital <br /> New/Addl Revenue - <br /> Total Operating Costs -------- <br />149