|
District Bonds
<br />Authorized Bonds Issued
<br />Bonds
<br />Authorized but
<br />Un-Issued
<br />% Split by ADM
<br />(FY 2020-21)
<br />OCS 12,003,000 0 12,003,000 41.10%
<br />CHCCS 17,997,000 631,740 17,365,260 58.90%
<br />Total 30,000,000 631,740 29,368,260 100.00%
<br />Timing of Original Funding Tranches:
<br />District FY 2020-21 FY 2021-22 FY 2022-23 Total
<br />OCS 4,150,000 3,600,000 4,253,000 12,003,000
<br />CHCCS*1,800,000 10,000,000 6,197,000 17,997,000
<br />Total 5,950,000 13,600,000 10,450,000 30,000,000
<br />*Requested to delay Year 2 and Year 3 Tranches for 1 year due to pandemic
<br />K-12 Supplemental Deferred
<br />Maintenance Funding FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 Total
<br />Initial Allocation 5,950,000$ 3,600,000$ 14,253,000$ 6,197,000$ 30,000,000$
<br />Proposed Additional Allocation 3,000,000$ 27,000,000$ 30,000,000$
<br />Total 5,950,000$ 3,600,000$ 17,253,000$ 33,197,000$ 60,000,000$
<br />$30M Schools Deferred Maintenance Update
<br />BOCC Authorized $30M to both school systems on an ADM basis in FY 20-21. Bonds issued to date: $0 for
<br />OCS and $631,740 for CHCCS.
<br />DocuSign Envelope ID: F3ECCCC4-11C5-4B8B-A148-28FAABFF6334
|