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Public Education/Learning Community 33 <br /> S.3 Long Range School Optimization Plan <br /> 5.3Implement the Long Range School Optimization Plan, funding planning for first construction in <br /> FY25-26, followed by construction on the first project in FY26-27. Utilize the remaining funds by the end <br /> of the 70 year plan period. <br /> Districts sending Requests for Proposals and selecting firms for design and Construction Manager at <br /> Risk over the next few months. County staff refining interlocal agreement to dictate proper <br /> communication around school construction. <br /> S.4 School Capital Spending <br /> 5.4 Track and report quarterly on school capital spending on high priority needs and other capital uses. <br /> Orange County provides funding in a lump sum at the beginning of the fiscal year.The FY24-25 end of <br /> fiscal year balance will be available at the financial closeout of the fiscal year. <br /> Available Balance of School Capital <br /> 70,000,000 <br /> $60,600,000 <br /> 60,000,000 <br /> c <br /> $50,7` 00,000 <br /> a 50,000,000 <br /> Ln <br /> \$4 0,000 <br /> a <br /> u 40,000,000 <br /> $34,119,784 <br /> 30,000,000 <br /> June 2024 Sept 2024 Dec 2024 Mar 2025 <br /> Strategic Plan Progress Report 12026 Board Retreat Page 32 <br />