FY2021 Adopted Budget
Capital Project Summary
Capital Project Number: ED1023
Activity #: C1603.1603.02
Capital Project Title: Butterfly Ridge ES: New
Region: Frederick
Capital Project Status: In Progress Asset Type: New/Modernizations Asset Category: Board of Education
Year Identified: 2013 Est Completion Date: 8/31/2018
Capital Project Description: This project primarily relieves overcrowding at Hillcrest, Waverley and Orchard Grove elementary schools. The approved redistricting associated with the establishment of the BRES attendance area also revised 8 elementary, 4 middle and 2 high school attendance areas. Hillcrest ES is currently operating at 140% of SRC with 34 portables, Waverley ES is currently operating at 137% of SRC with 12 portables, and Orchard Grove ES is at 94% of SRC with 3 portables. The new elementary school will be located on a 12 acre site, donated by Frederick City, which is located on Butterfly Lane. The new school will have a state rated capacity (SRC) of 725 students and will open in August 2018. **The park school portion of this project is budgeted PR3501
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2021
2022
2023
2024
2025
2026 Costs After
Site Improvement - NonBldg
0 0 0 0
Architect/Engineering
Construction
Capital Approp Equipment Site Work- State's Share
2,671,000 2,671,000 Construction - State's Share 15,001,000 15,001,000 Site Work - County's Share 6,390,522 6,390,522 A&E - County's Share 3,279,549 3,279,549 Construction - County's Share 16,344,661 16,344,661 Equipment - County's Share 1,900,000 1,900,000 Total Cost: 45,586,732 45,586,732
Funding Schedule:
Project Total
Prior Budget
Categories
2021
2022
2023
2024
2025
2026 Costs After
MD BOE - Capital Project MD BOE - Unallocated Trans from General Fund Trans from Impact Fee General Obligation Bonds MD BOE - Cash Forward Funding
18,056,000 17,082,000 974,000
0
250,000 250,000 7,271,742 7,271,742 20,008,990 20,008,990
0 974,000 -974,000
Total Cost:
45,586,732 45,586,732
666
Made with FlippingBook - professional solution for displaying marketing and sales documents online