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21 <br /> 1 Slide #21 <br /> BENEFITS <br /> Strategic investment <br /> • Removing high investment facilities through cansoridations <br /> • Replacing schools addresses condition and adequacy of oWe€/outdated facilities <br /> • <br /> Improve portfolio age <br /> FINAL AFJ70fItIEN11111TION-fAS75 PEA STHJiTEAY 1WEA 15 YFAAS 5:5'!SM <br /> Address capacity <br /> CHCCS consolidating Elementary Schools <br /> ■i'.HlCS ■C1L5 $ <br /> Orange adding Elementary Schoot at wrest side <br /> • Improve educational adequacy <br /> Ld <br /> Replace small outdated spaces <br /> • Gain operational efficiencies M 51"M S4661A y A 5-035M <br /> • Consolidation elementary schools CHCCS sya3L-M D�V- <br /> • Opportunity to expand dual language program atee w C&EXOT[ No WIM NEW iMM REpw&Tue HERMU m <br /> SMIL <br /> FFR��ririri '.r <br /> ♦4 <br /> 2 <br /> 3 David Sturtz said that they would not be doing their job if they denied the reality of the <br /> 4 need. He said that the strategic investments that are recommended are spread over 15 years. <br /> 5 <br /> 6 Slide #22 <br /> QUESTIONS <br /> WOOLPEPT <br /> 7 <br /> 8 Chair Bedford asked what the assumptions were about inflation. <br /> 9 David Sturtz said normal inflation planning is 3% a year over the next seven years and <br /> 10 then they plan to the midpoint. He said phase one was planned at 3% and then the midpoint was <br /> 11 set afterwards. <br /> 12 <br />