FY 26 Proposed Capital Budget Book

Educational Facility Program

BOARD OF EDUCATION Project Number:

Expended/Encumbered as of 2/4/25: $7,969,785

B214107 Various Multiple

Council District:

Location:

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project will be used to make the improvements needed to provide the physical environment and equipment to meet educational program requirements. This includes modifying existing spaces for special education programs, CTE programs, and general educational programs. The funds are used for facility improvements, additional program buses, program specific technology, and new and replacement educational equipment and furnishings.

Among projects identified are Special Eduucation Facility Improvements to Roye-Williams, Hickory, and Forest Hill, as well as upgrades and repairs for regional programs.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

100,000

100,000 250,000 250,000 250,000 250,000 250,000

1,350,000

0

0

Construction

4,763,191 500,000 5,263,191 250,000 250,000 250,000 250,000 250,000

6,513,191

Inspection Fees

0

0

Equipment/Furnishing

5,727,056 5,727,056 10,590,247 500,000 11,090,247 500,000 500,000 500,000 500,000 500,000 13,590,247 5,727,056

Total Cost:

FUNDING SCHEDULE

R7000 Future Bonds R7100 Prior Bonds R6999 Other BOE

500,000

500,000 500,000 500,000 500,000 500,000 500,000

3,000,000 6,894,576

6,894,576

6,894,576

950,000

950,000

950,000

R8750 Paygo

2,745,671 2,745,671 10,590,247 500,000 11,090,247 500,000 500,000 500,000 500,000 500,000 13,590,247 2,745,671

Total Cost:

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026 212,224

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 201,613 191,002 180,391 169,779 159,168

TOTAL

1,114,178

137