Orange County NC Website
School Safety/Security <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:51034 Completion Date:Ongoing Renovation X <br />Replacement X <br />Project Description/Justification:Funding of $127,489 in FY 2018-19 includes implementation of school <br />safety initiatives within the district. Funding of $1,897,875 in FY 2019-20 includes continued school safety <br />initiatives district-wide, and replacement of wrestling mats/safety padding at applicable schools. Funding of <br />$246,476 in FY 2020-21 and $228,763 in FY 2021-22 includes continued school safety initiatives 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 950,210 127,489 397,875 246,476 228,763 873,114 50,000 <br /> Bond Projects 1,000,000 1,500,000 1,500,000 <br /> Equipment/Furnishings - <br /> Total Project Budget:2,000,210 127,489 1,897,875 246,476 228,763 - - 2,373,114 50,000 <br />Revenues/Funding Source <br /> From General Fund (PAYG)260,819 - <br /> From Article 46 Sales Tax Proceeds - <br /> Addtl PAYG (from Lottery Proceeds)311,318 127,489 127,896 152,896 280,792 <br /> Debt Financing - 2/3 Net Debt Bonds 428,073 - <br /> Debt Financing - School Improvements 269,979 93,580 228,763 - 592,322 50,000 <br /> Bond Projects - Financing 1,000,000 - 1,500,000 1,500,000 <br /> Grant Funds - <br /> Total 2,000,210 127,489 1,897,875 246,476 228,763 - - 2,373,114 50,000 <br />Education Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> Recurring Capital <br /> New/Addl Revenue - <br /> Total Operating Costs -------- <br />150