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<br /> Orange County Schools 2016 Bond Issuance Projects Update
<br /> Projected Actual(as of
<br /> Completion Date Current Approved August 31,
<br /> Project Project Status of All Projects Budget 2020) Available
<br /> ALS-have started last phase;CP-completed in 2019;CE-will be
<br /> Roofing Projects completed this year;GAB-completed in 2020;OHS-assessing
<br /> final phase; 22-Dec $ 4,056,993 $ 1,072,934 $ 2,984,059
<br /> Property Acquisition Completed/occupied January 2020
<br /> Jan-20 $ 3,100,000 $ 3,104,353 $ (4,353)
<br /> Cedar Ridge High School Addition on schedule for completion in January 2021;within budget
<br /> tan-21 $ 14,500,000 $ 8,198,106 $ 6,301,894
<br /> OHS 98%completed;beginning CRHS. Will then move to middle
<br /> School Safety/Security schools: ALS,GHMS,CW Stanford. Elementary schools to follow
<br /> based on completion of the vestibule projects Projected
<br /> completion all schools--January 2021 Jan-21 $ 2,500,000 $ 12,550 $ 2,487,450
<br /> Design assessment completed on six schools: Central Elementary,
<br /> AL Stanback middle,New Hope Elementary,Hillsborough
<br /> Elementary(specific buildings),Grady Brown Elementary and Work to continue
<br /> Efland Cheeks Elementary;schools prioritized according to during summers for
<br /> Mechanical Systems greatest need;Central Elementary design nearing completion with at least next three
<br /> bid date projected during Q1 2021. ALS projected thereafter. years.
<br /> SOW exceeds funding so prioritization will continue in order to
<br /> maximize available funds.
<br /> $ 10,871,007 $ 9,341,369 $ 1,529,638
<br /> Two phase project at CP. Phase I anticipated to be completed
<br /> 10.2020.Phase 11 anticipated completion August 2021. Phase 11
<br /> Classroom/Building Improvements SOW anticipated to exceed funding so prioritization will continue
<br /> in order to maximize available funds. 21-Aug $ 1,000,000 $ 72,607 $ 927,393
<br /> These Preliminary Planning Funds were provided to OCS as part of
<br /> the FY 2015-16 CIP to be"shovel'ready"for a project or projects;
<br /> Preliminary Planning Funds these funds would be reimbursed from approved Bond
<br /> Referendum funds $ 478,000 $ 478,000 $ -
<br /> Total Bonds Issued to Date
<br /> $ 36,506,000 $ 22,279,919 $ 14,226,081
<br /> Bonds Yet to Be Issued Scheduled Final Tranche of 2016 Bond Funds in FY 2021-22
<br /> $ 11,386,000
<br /> Grand Total of 2016 Bonds
<br /> $ 47,892,000
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