FY2021 Adopted Budget
Capital Project Summary
Capital Project Number: ED1040
Activity #: C1500.1500.02
Capital Project Title: Rock Creek School: Replacement
Region: Walkersville
Capital Project Status: In Progress Asset Type: New/Modernizations Asset Category: Board of Education
Year Identified: 2014 Est Completion Date: 7/31/2021
Capital Project Description: Rock Creek School provides special education programs for Frederick County students with severe complex medical conditions and severe intellectual, physical, emotional, hearing, vision and learning disabilities from age 3 through 21. The current school, located on the same site as the Waverley Elementary School, was built in 1972 and has had no significant renovations. A feasibility study recommended that the school be replaced with a new 81,000 square foot building on another site. The Board of Education approved the Walkersville MS campus as the site for the replacement of Rock Creek School. The design phase of the project was funded in FY18. Construction has begun on the new school. It will open by July 2021. **The Park School portion of this project is budgeted in 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
3,016,166 2,175,120 841,046 Construction - State's Share 15,874,560 3,324,880 12,549,680 Site Work - County's Share 3,466,235 3,787,669 -321,434 A&E - County's Share 1,600,000 1,600,000 Construction - County's Share 22,060,945 20,628,707 1,432,238 Equipment - County's Share 4,000,000 4,000,000 Studies - County's Share 133,280 133,280 Total Cost: 50,151,186 31,649,656 18,501,530
Funding Schedule:
Project Total
Prior Budget
Categories
2021
2022
2023
2024
2025
2026 Costs After
MD BOE - Capital Project Trans from General Fund
6,702,976 1,702,976 5,000,000 238,355 133,280 105,075 8,031,810 3,031,810 5,000,000 16,490,295 16,384,566 105,729 6,257,266 2,257,266 4,000,000
Trans from School Construction
General Obligation Bonds Recordation Tax Bonds Bonds - Forward Funding Bond Premium / Discount MD BOE - Cash Forward Funding
0
242,734 242,734
12,187,750 7,897,024 4,290,726
Total Cost:
50,151,186 31,649,656 18,501,530
669
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