FY 23 APPROVED CAPITAL BUDGET

Roof Replacement - Bel Air Middle School

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B214110

Council District:

C

Revenues:

Location:

Various

Expenditures: Cost Savings: None:

Est. Debt Service:

$42,337 (annual)

X

Expended/Encumbered as of 2/9/22: $702,646

Project Schedule/Status: This project will be closed and removed from the Capital Improvement Program following completion of the audit in July, 2022

PROJECT DESCRIPTION: The periodic replacement of roof systems is necessary to prevent damage to the interior of the building and to prevent indoor air quality issues. Additionally, aging schools require window, door, masonry or siding renewal outside the modernization. Improvements provide enhanced security, energy conservation, and weatherproofing. Projects are submitted for funding consideration through the State Capital Improvement Plan request. The roof at Bel Air Middle School is in need of replacement as it leaks and maintenance concerns have increasingly become an issue. The main concern is the ponding water accelerating the deterioration and hindering repair efforts. This roof was planned to be replaced with a future project on the same site. However, due to budget constraints, the other project was deferred. Due to the poor roof conditions, it was determined that this roof can no longer be deferred. The original building was re-roofed in 1990 and 1994, the gym re-roofed in 1977, and the entrance canopy was re-roofed in 2011. This project would replace the entire roof.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

680,000

680,000

680,000

0

0

Construction

6,800,000 (1,502,525)

5,297,475

5,297,475

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

7,480,000 (1,502,525)

5,977,475

0

0

0

0

0

5,977,475

FUNDING SCHEDULE

R7920 State Bonds R7100 Prior Bonds

4,284,000

4,284,000 1,693,475

4,284,000 1,693,475

3,196,000 (1,502,525)

0 0 0

0 0 0

Total Cost:

7,480,000 (1,502,525)

5,977,475

0

0

0

0

0

5,977,475

173