superintendent’s proposed fy 2013 – fy 2022 capital improvement plan may 10, 2012
TRANSCRIPT
Superintendent’s ProposedFY 2013 – FY 2022
Capital Improvement Plan
May 10, 2012
2
School Board Framework
Capital Investment– Major Capital Projects– Major Maintenance
Finance
Demographics
Energy & Environment
3
Two-Year Cycle
Capacity Planning Process
Capital Improvement
Plan
Arlington Facilities &
Student Accommo-dation Plan
4
Capacity Planning Process Goals
1. Respond to increasing
enrollment by adding
permanent building
capacity
2. Achieve additional
seats through a
transparent, structured,
and inclusive process
5
Need for More Capacity
Increases in enrollment– 18% increase in 5 years
– 83 relocatable classrooms today
– Additional relocatables this summer
Continued growth– # of births
– County population
– housing market
P-4 P-3 P-2 P-1 K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th E-1 E-2 E-3 E-40
100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
1500
1600
1700
1800
1900
2000
2100
2200
2300
2400
2252
2087 20762011
19702034
1896
1771
1633 1624
14521405
1314
14681425
13731436 1418
1308 1316
1205
Cohort Analysis
7
Projected Capacity Need
K-12 Enrollment Projections 2012-2021
17000
19000
21000
23000
25000
27000
29000
31000
33000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Year
Stu
de
nts
5 Year Linear Regression5 Year Average Rate of Change3 Year Average Rate of ChangeIncrease of 2% Per YearIncrease of 3% Per Year
8
Projected Capacity Deficit Capacity
(2011)Projected Enrollment
2017 2021
Elementary 12036 13,921 15,000
Deficit -1,885 -2,964
Middle 5014 5,823 7,500
Deficit -809 -2,486
High 5903 6,685 7,500
Deficit -782 -1,597
Total Capacity+ 22,953 22,953 22,953
Total Enrollment* 21,519 26,429 30,000
Seat Deficit -3,476 -7,047
+ Capacity numbers do not include relocatable capacity.*Enrollment numbers do not include some alternative education programs.
9
Ten-Year CIP
Ten-year CIP totals $537.7 million
Major Construction– Capital Reserve– Bonds
Minor Construction/Major Maintenance (MC/MM)– Current Revenues
10
Ten-Year CIP
Major Construction– Capital Reserve funded
Ashlawn 12-Room Addition $14.9MWilliamsburg - new ES design $ 4.0M
11
Ten-Year CIP
Major Construction– Bond funded
Wakefield HS (2010 bond) $ 29.1MFiber Project/C-net (2010 bond) $ 0.3MATS 12-Room Addition $ 15.8MMcKinley 12-Room Addition $ 16.1MCarlin Springs/Kenmore - new ES$ 46.4MWilliamsburg new ES – construction $ 39.1MHVAC & Roofing $ 34.6MInfrastructure Projects $ 21.0MCapacity Projects – Years 6-10 $253.0M
12
Ten-Year CIP
Minor Construction/Major Maintenance (MC/MM)– Funded by current revenues– FY 2013 Adopted $
7.4M21 projects for 19 buildings = $1.42 million
System-wide needs such as security, ADA upgrades, and indoor air quality remediation = $6.0 million
– Ten-year Total $63.4M
13
Ten-year Funding Plan
Major Construction MC/MM$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
$400,000,000
$450,000,000
$500,000,000
$423,200,000.0
$18,900,000.0
$63,400,000.0
Bond Referenda Capital Reserve Current Revenue
14
Ten-Year Funding Plan (cont’d)
2012 2014 2016 2018 2020$0
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$53,520,000.0
$80,710,000.0
$103,000,000.0 $90,000,000.0$96,000,000.0
Bond Referenda – 2012 through 2020
15
Debt Service & Debt Capacity
Debt Service as % of General Expenditures– Must remain below 10%– Ranges from 8.70% to 9.99% over ten years
Rate of Growth in Debt Service– Cannot exceed 6.2%– Averages 4.8% for
planning period
16
New vs. Existing Debt Service
FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 20220
10000000
20000000
30000000
40000000
50000000
60000000
70000000
Existing New
17
Summary
Superintendent’s Proposed CIP = $537.7M
Funds 3 elementary additions and 2 schools - achieving 1,875 seats by 2017
Placeholders for needed out-year capacity
Includes funding for required infrastructure improvements
18
CIP Calendar
May 15: Work Session #1
May 21: School Board/ County Board Joint Work Session
May 22: Work Session #2
May 24: Public Hearing
June 5: Work Session #3
June 12: Work Session #4
June 19: School Board adopts CIP
19
Superintendent’s ProposedFY 2013 – FY 2022
Capital Improvement Plan
May 10, 2012