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Edmond Public Schools

Demographic Study

Fall 2015

Economic Conditions – OKC MSA (Sept 2015)

OKC MSAUnemployment Rate • U.S. 4.9%

• Oklahoma 4.4%• OKC MSA 3.6%-0.2%

Job GrowthOKC MSA

• 10,273 new jobs created in the last 12 months

3.5%

Annual Home SalesOKC MSA

• Slightly more than the same period in 2014

17,575

2

Local Economy

Boeing Expansion• Boeing Co. started construction on a $80 million facility expansion in Oklahoma City• The city will become the headquarters of its Aircraft Modernization and Sustainment division• The move will bring 800 to 900 new jobs• The company is qualified to receive $43.8 million in tax incentives to create 459 high-skill jobs in OKC• Oklahoma has made recent efforts to expand the growing aerospace industry• The facility is located near SE 59 and Air Depot, creating a third building on the existing campus• The expansion will have an estimated impact of $637.7 million on the city in the next four years

3

Oklahoma Enrollment Trends

2014/15 State EnrollmentTotal Enrollment 688,300Total Growth 6,722

2,7073,056

9,765

5,0736,226

7,3498,388

6,722

02,0004,0006,0008,000

10,00012,000

Enrollment Change

639,014 644,777659,615

673,190688,300

600,000620,000640,000660,000680,000700,000

Total State Enrollment

Source: Oklahoma State Department of Education

4-Year Enrollment Change

4

Oklahoma City MSA District Enrollment Trends

5

Oklahoma Enrollment Trends

Rank District Grades 2010/11 Enrollment

2014/15 Enrollment

Annual Change

Annual Percent Change

4 year Change

4 year Percent Change

1 OKLAHOMA CITY PK-12 42,989 45,297 -420 -0.92% 2,308 5.37%2 EDMOND PK-12 21,344 23,522 502 2.18% 2,178 10.20%3 MUSTANG PK-12 8,829 10,495 519 5.20% 1,666 18.87%4 BROKEN ARROW PK-12 16,732 18,395 448 2.50% 1,663 9.94%5 DEER CREEK PK-12 3,741 5,319 303 6.04% 1,578 42.18%6 MOORE PK-12 22,226 23,559 540 2.35% 1,333 6.00%7 NORMAN PK-12 14,644 15,819 218 1.40% 1,175 8.02%8 JENKS PK-12 10,371 11,439 258 2.31% 1,068 10.30%9 ENID PK-12 7,025 8,051 193 2.46% 1,026 14.60%

10 UNION PK-12 14,931 15,826 300 1.93% 895 5.99%11 YUKON PK-12 7,442 8,218 126 1.56% 776 10.43%12 BIXBY PK-12 5,027 5,796 164 2.91% 769 15.30%13 PIEDMONT PK-12 2,746 3,417 156 4.78% 671 24.44%14 CHOCTAW-NICOMA PARK PK-12 5,096 5,634 -2,710 -32.48% 538 10.56%15 OWASSO PK-12 9,143 9,658 168 1.77% 515 5.63%16 WEATHERFORD PK-12 1,876 2,271 111 5.14% 395 21.06%17 WOODWARD PK-12 2,683 3,075 78 2.60% 392 14.61%18 PUTNAM CITY PK-12 19,068 19,447 69 0.36% 379 1.99%19 ELGIN PK-12 1,835 2,188 74 3.50% 353 19.24%20 STILLWATER PK-12 5,734 6,081 23 0.38% 347 6.05%

Ranked by 4-Year Enrollment Change

6

OKC MSA Housing MarketMultiple Listing Service – YTD SFD Activity & Inventory

0.3%

5.9%

0.5%

3.4%

-14.5%

YTD Sales(17,575 YTD Sales Oct 2015)

Number of Listings(6,944 Oct 2015)

Average Sale Price($189,920 Oct 2015)

Median Sale Price($154,900 Oct 2015)

Existing Home Inventory(4.0 Month’s Supply)

Source: OKC Metropolitan Association of Realtors, Monthly Inventory Analysis

Days on Market(52 Month’s Supply)

-11.4%

7

City of Edmond Building Permits

0

100

200

300

400

500

600

700

2010 2011 2012 2013 2014 2015 YTD

City of Edmond Annual Single Family Building Permits, 2010- YTD 2015

0

10

20

30

40

50

60

70

80

Jan-

10

Apr-

10

Jul-1

0

Oct

-10

Jan-

11

Apr-

11

Jul-1

1

Oct

-11

Jan-

12

Apr-

12

Jul-1

2

Oct

-12

Jan-

13

Apr-

13

Jul-1

3

Oct

-13

Jan-

14

Apr-

14

Jul-1

4

Oct

-14

Jan-

15

Apr-

15

Jul-1

5

Oct

-15

City of Edmond permits issued monthly,Jan 2010-Oct 2015

• City of Edmond has issued 462 permits in 2015, 14 fewer permits than the same period in 2014

• The city averaged 46 permits a month in 2015

• Between 2013 and 2014 new home permits dropped 7.8%

• Edmond is on pace to issue about 550 permits in 2015, 30 fewer permits than 2014

8

Residential Activity Overview

= Active Development

= Future Development

• Edmond Public Schools has 33 active single family developments and 9 future developments

• EPS has more than 4,200 planned futures under development

• The district built more than 650 homes in 2014

• The average home price for homes built in 2014 was $353,944

• Large future single family developments will likely be concentrated in the eastern half of the district

9

Residential Activity

Birnam Woods

• 99 total lots• 37 occupied• 50 permits issued• 11 future lots• 25 homes built in 2014• 7 current students• Current student yield: 0.19• Northern Hills Elementary

Chateaux at Mon Abri

• Age Restricted Community

Inspriada

• 57 total lots• 5 occupied• 10 U/C• 1 current student• Current student yield: 0.20• Centennial Elementary

Autumn Ridge

• 120 total lots• 34 occupied• 50 permits issued• 79 future lots• 25 homes built in 2014• 7 current students• Current student yield: 0.19• Centennial Elementary

Veraden

• 145 unit age-restricted community

• Currently under construction• No student impact• Northern Hills Elementary

10

Residential Activity

Olde Edmond

• 86 total lots• 65 occupied• 17 future lots• Final plat for Sec 3

approved in April• 27 current students• Current student yield: 0.42• Northern Hills Elementary

Town Square

• 153 total lots• 30 occupied• 24 lots in phase 3 with

groundwork underway, delivering early 2016

• 25 homes U/C• 35 homes built in 2014,

building 50 in 2015• 9 current students• Current student yield: 0.3• Northern Hills Elementary

Hedgerow

• 319 total lots• Preliminary plat approved

in August • Still under review with the

city of Edmond• Groundwork starting late

2016• Northern Hills Elementary

Porches at Arbor Creek

• 84 total townhomes• 54 occupied• 24 U/C• Built out by the end of 2016• 1 current student• Rogers Elementary 11

Residential Activity

Hampden Hollow

• 174 total lots• 101 occupied• 122 permits issued• 14 homes built in 2014• 69 current students• Current student yield: 0.68• Centennial Elementary

Timber Crest

• 188 total lots• Groundwork underway on

Phase 1 with 82 lots• Homes starting early 2016• Centennial Elementary

Covell Valley

• 337 total lots• 0 occupied• 14 U/C• 69 VDL• 254 futures• Building 25-30 in 2016• Average price $285K• Split between Northern

Hills and Rogers Elementary

Hidden Creek

• 59 future lots• Preliminary plat under review

with the city • Impact to district likely in 2017• Northern Hills Elementary

12

Residential Activity

Ridge Creek• 290 future lots• South section with 122 lots,

prelim plat under review• 166 northern lots platted in May• Centennial Elementary Woodland Park

• 1,550 future lots• 1,200 acres• PUD extended through 2017• Water and sewer extended to

project, but not operational until easements resolved

• No preliminary plans submitted at this time

• Centennial Elementary

Cottage Grove

• 136 total lots• 82 future lots• 43 VDL• 11 permits issued• Centennial Elementary

Thunder Canyon

• 189 total lots• 128 future lots• 46 VDL• 13 homes built in 2014• 0 current students• Rogers Elementary 13

Residential Activity

Twin Bridges

• 318 platted lots• 270 occupied• Currently building in Phase

3 with 192 lots• 73 futures in Phase IV• 72 futures under review in

Twin Bridges Village• 60 homes built in 2014• 186 current students• Current student yield: 0.68• Heritage Elementary

Iron Horse Ranch

• 413 platted lots• 327 permits issued• GW underway on Black Oak

section with 60 lots• Preliminary plat for Stone Hill

under review with 233 lots• 84 homes built in 2014• 174 current students• Current student yield: 0.58• Centennial Elementary

Black Oak

14

Residential Activity

Kelly Lakes

• 290 delivered lots• 129 occupied• ~ 25 homes U/C• Building 30-40 a year• Built 38 in 2014• $230K-$280K• 75 current students• Current student yield: 0.58• Cross Timbers Elementary

15

Residential ActivityFallbrook

• 145 total lots• 97 occupied• 114 permits issued• 31 VDL• Built 24 in 2014• 41 current students• Current student yield: 0.42• Frontier Elementary

Stonebriar

• 402 total lots• 255 occupied• 120 future lots, with 60 lots

delivering by end of 2015• Built 30 in 2014• Building 30-40 a year• 107 current students• Current student yield: 0.42• Frontier Elementary

Meritage Park

• 68 total lots• 19 occupied• 36 permits issued• 32 VDL• 0 current students• Frontier Elementary

16

Residential Activity

Sec. 5

La Sonata

• 445 total lots• 363 occupied• Built 94 in 2014• Built out by summer 2016• 149 current students• Current student yield: 0.41• Frontier Elementary

Kingsbury Ridge

• 120 total lots• 57 occupied• Built 8 in 2014• 48 VDL• 40 current students• Current student yield: 0.70• Frontier Elementary

Thornhill

• 237 platted lots• 203 occupied• Built 26 in 2014• GW underway on Section

5 with 58 lots• 137 current students• Current student yield: 0.67• Frontier Elementary

17

Residential Activity

Valencia

• 390 platted lots within Edmond Public Schools

• 330 occupied• Built 35 in 2014• $140K-$410K• 185 current students• Current student yield: 0.56• West Field Elementary

Rush Brook

• 382 total lots• 226 future lots• 330 occupied• Built 58 in 2014• 15 current students• Current student yield: 0.26• Irving Elementary

Chisholm Creek Farms

• 207 total lots• 102 delivered lots in

Phase 1 • 105 lots in future phase 2• 15 U/C• $180K-$310K• 0 current students• Irving Elementary

18

Residential Activity

Hampton Park

• 60 total duplexes• 6 units complete• 0 units occupied• Building 5-10 units a year• Units will be for lease or sale• Irving Elementary

Bloom

• 47 future townhomes• 20 future apartment units• Preliminary plat under review

with the city of Edmond • Freeman Elementary

19

Residential Activity

Heritage Village

• 37 total lots• 1 U/C• 36 VDL• Partnership between Habit for

Humanity and Turning Point Ministries

• 2nd affordable housing project for single mothers or families with children with special needs, in the City of Edmond after Legacy Station

• Homes are built by volunteers and donations

• Legacy Station currently has 13 students on 12 lots

• Freeman Elementary

Legacy Station

20

Residential Activity

The Lakes at Traditions

• 275 total lots• 205 occupied• 55 homes built in 2014• Built out by late 2016• 58 current students• Current student yield: 0.28• Haskell Elementary

Santa Fe Duplexes

• 70 future duplexes• PUD approved September 2015• Homes likely starting late 2016• Sunset Elementary

Hidden Prairie at Kelley Pointe

• 232 total lots• 96 occupied• Section 4 GW underway

with 80 future lots• 30 VDL• 18 homes built in 2014• 45 current students• Current student yield: 0.47• Sunset Elementary

21

Residential ActivityIronstone

• 421 total lots• 153 futures• 268 platted lots• 145 occupied• 40 homes built in 2014• $190K+• 21 current students• Current student yield: 0.14• Debo Elementary

Portland Point

• Future apartment complex• 199 units• Currently under review with

Oklahoma City Planning• Debo Elementary

Muirfield Commons North

• 46 future townhomes • Platted in Feb. 2015• Low student yield anticipated• Debo Elementary

22

Residential Activity

Thornbrooke

• 257 total lots• 180 occupied• 77 VDL• 6 homes built in 2014• 82 current students• Current student yield: 0.45• Chisholm Elementary

23

Multi-Family Developments

The Reserve at Quail North

• 280 unit apartment complex under construction

• Some buildings currently leasing

• All units complete and leasing March 2016

• No current students• Debo Elementary

Grand Tapestry at Quail Springs

• 280 unit apartment complex under construction

• 55+ age restricted community

• No student impact• Haskel Elementary

24

Edmond Public Schools Year Built Year Built Parcels % of Total< 1980 10,849 23.2%

1981-1990 8,729 18.7%1991-2000 9,918 21.2%2001-2010 12,520 26.8%2011-2014 4,759 10.2%

25

Ten Year ForecastBy Grade Level

*Yellow box = largest grade per year*Green box = second largest grade per year

• Edmond Public Schools may reach 24,000 enrollment bynext fall, and 25,000 students by 2017

• 5 year growth = 2,511 students• 2020/21 enrollment = 26,476 students• 10 year growth = 4,307 students• 2025/26 enrollment = 28,272 students

Year (Oct.) EE/PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Growth%

Growth2011/12 1,127 1,551 1,641 1,605 1,519 1,568 1,617 1,636 1,629 1,521 1,794 1,684 1,590 1,501 21,9832012/13 1,167 1,656 1,649 1,648 1,637 1,565 1,611 1,624 1,656 1,660 1,718 1,765 1,646 1,469 22,471 488 2.22%2013/14 1,132 1,716 1,691 1,662 1,681 1,670 1,638 1,659 1,651 1,685 1,900 1,670 1,695 1,554 23,004 533 2.37%2014/15 1,119 1,713 1,796 1,747 1,716 1,695 1,717 1,683 1,664 1,679 1,891 1,831 1,635 1,621 23,507 503 2.19%2015/16 1,077 1,739 1,775 1,861 1,779 1,736 1,785 1,759 1,717 1,720 1,896 1,869 1,694 1,558 23,965 458 1.95%2016/17 1,077 1,789 1,796 1,829 1,894 1,803 1,798 1,832 1,784 1,759 1,937 1,847 1,784 1,612 24,541 576 2.40%2017/18 1,077 1,823 1,843 1,845 1,875 1,921 1,863 1,840 1,856 1,828 1,983 1,889 1,760 1,689 25,092 551 2.25%2018/19 1,077 1,814 1,890 1,874 1,869 1,915 1,990 1,913 1,858 1,906 2,025 1,942 1,784 1,679 25,536 444 1.77%2019/20 1,077 1,842 1,875 1,937 1,879 1,887 2,016 2,038 1,937 1,898 2,128 1,975 1,847 1,696 26,032 496 1.94%2020/21 1,077 1,871 1,897 1,918 1,924 1,888 1,954 2,062 2,068 1,984 2,125 2,079 1,874 1,755 26,476 444 1.71%2021/22 1,077 1,864 1,929 1,918 1,925 1,939 1,973 2,002 2,064 2,117 2,218 2,076 1,970 1,783 26,855 379 1.43%2022/23 1,077 1,886 1,913 1,972 1,933 1,929 2,029 2,026 2,030 2,111 2,347 2,167 1,970 1,872 27,262 407 1.52%2023/24 1,077 1,911 1,942 1,951 1,971 1,955 2,010 2,085 2,047 2,080 2,344 2,291 2,056 1,872 27,592 330 1.21%2024/25 1,077 1,937 1,971 1,971 1,956 1,986 2,046 2,064 2,102 2,096 2,330 2,289 2,173 1,955 27,953 361 1.31%2025/26 1,077 1,962 1,993 2,013 1,981 1,967 2,077 2,106 2,087 2,152 2,343 2,277 2,171 2,066 28,272 319 1.14%

26

Ten Year ForecastBy Elementary Campus

• Cross Timbers Elementary is anticipated to enroll more than 900students by next fall

• West Field Elementary may have more than 900 students by 2019• Total elementary enrollment is anticipated to grow by more than

230 students next fall, an annual growth rate of nearly 2%

HISTORY Current ENROLLMENT PROJECTIONSCAMPUS Capacity 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26

CENTENNIAL ELEMENTARY 950 909 811 802 845 858 868 877 898 924 950 990 1,031CHISHOLM ELEMENTARY 875 765 810 828 855 871 889 912 907 906 901 905 900CLEGURN ELEMENTARY 292 398 397 399 401 406 405 404 405 405 404 404 404CROSS TIMBERS ELEMENTARY 1,000 1,189 869 904 929 973 1,019 1,031 1,016 1,041 1,045 1,048 1,061DEBO ELEMENTARY 950 895 918 949 966 966 969 960 956 961 959 944 961DOUGHERTY ELEMENTARY 292 299 311 313 313 314 314 314 313 313 313 313 313FREEMAN ELEMENTARY 600 493 497 507 522 535 549 542 545 552 549 552 555FRONTIER ELEMENTARY 750 542 647 718 786 872 866 869 890 885 889 902 914HASKELL ELEMENTARY 886 819 827 827 827 801 790 797 808 825 843 864HERITAGE ELEMENTARY 575 0 518 536 547 550 547 544 552 558 564 561 564NORTHERN HILLS ELEMENTARY 850 692 711 728 748 770 795 805 830 843 842 857 859RISNER ELEMENTARY 800 583 587 583 595 600 606 616 624 629 633 636 638ROSS ELEMENTARY 950 852 858 836 816 800 792 782 804 798 817 826 820SUNSET ELEMENTARY 825 675 697 728 736 731 739 731 722 726 720 714 713WASHTINGTON IRVING ELEMENTARY 950 776 762 748 757 763 752 762 778 779 789 800 805WEST FIELD ELEMENTARY 950 834 850 878 895 899 904 912 900 911 915 919 916WILL ROGERS ELEMENTARY 775 715 690 702 709 694 698 678 688 700 702 730 752ELEMENTARY SCHOOL TOTALS 12,384 11,503 11,752 11,986 12,247 12,429 12,513 12,529 12,625 12,739 12,817 12,944 13,070Elementary Absolute Growth 313 249 234 261 182 84 16 96 114 78 127 126Elementary Percent Growth 2.80% 2.16% 1.99% 2.18% 1.49% 0.68% 0.13% 0.77% 0.90% 0.61% 0.99% 0.97%

27

Ten Year ForecastBy Middle School & High School Campus

• Cheyenne Middle School may have more than 1,000 students by nextfall and more than 1,100 by 2018

• Sequoyah Middle School may enroll more than 1,500 students by 2017• Total middle school enrollment may reach 5,500 by 2017• North High School may have more than 3,000 students by 2019• Edmond Public Schools is anticipated to add 576 students next fall

HISTORY Current ENROLLMENT PROJECTIONSCAMPUS Capacity 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26

CENTRAL MIDDLE SCHOOL 950 842 836 806 804 862 905 980 981 984 970 969 981CHEYENNE MIDDLE SCHOOL 950 944 986 1,041 1,080 1,119 1,160 1,181 1,152 1,132 1,120 1,144 1,151CIMARRON MIDDLE SCHOOL 900 758 801 808 808 829 830 823 836 863 911 904 910SEQUOYAH MIDDLE SCHOOL 1,000 1,261 1,344 1,462 1,535 1,558 1,567 1,665 1,702 1,714 1,757 1,786 1,840SUMMIT MIDDLE SCHOOL 950 1,221 1,229 1,258 1,297 1,309 1,411 1,465 1,512 1,474 1,454 1,459 1,463MIDDLE SCHOOL TOTALS 5,750 5,026 5,196 5,375 5,524 5,677 5,873 6,114 6,183 6,167 6,212 6,262 6,345Middle School Absolute Growth 31 170 179 149 153 196 241 69 -16 45 50 83Middle School Percent Growth 0.62% 3.38% 3.44% 2.77% 2.77% 3.45% 4.10% 1.13% -0.26% 0.73% 0.80% 1.33%MEMORIAL HIGH SCHOOL 2,250 2,161 2,155 2,167 2,191 2,177 2,194 2,214 2,249 2,300 2,331 2,402 2,423NORTH HIGH SCHOOL 2,400 2,586 2,644 2,738 2,790 2,877 3,043 3,144 3,266 3,393 3,459 3,533 3,591SANTA FE HIGH SCHOOL 2,224 2,231 2,218 2,275 2,340 2,376 2,409 2,475 2,532 2,663 2,773 2,812 2,843HIGH SCHOOL TOTALS 6,874 6,978 7,017 7,180 7,321 7,430 7,646 7,833 8,047 8,356 8,563 8,747 8,857High School Absolute Growth 159 39 163 141 109 216 187 214 309 207 184 110High School Percent Growth 2.33% 0.56% 2.32% 1.96% 1.49% 2.91% 2.45% 2.73% 3.84% 2.48% 2.15% 1.26%

DISTRICT TOTALS 25,008 23,507 23,965 24,541 25,092 25,536 26,032 26,476 26,855 27,262 27,592 27,953 28,272District Absolute Growth 503 458 576 551 444 496 444 379 407 330 333 319District Percent Growth 2.2% 1.9% 2.4% 2.2% 1.8% 1.9% 1.7% 1.4% 1.5% 1.2% 1.2% 1.1%

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Summary

• The Oklahoma City’s MSA continues to see positive job growthand a declining unemployment rate.

• Edmond Public Schools is the second-fastest growing district inOklahoma in the last four years, adding more than 2,000 students.

• The City of Edmond is on pace to issue 550 new home permits in2015, a slight decline from 2014.

• Edmond Public Schools may reach 24,000 students by next fall,and 25,000 students by 2017.

• Total middle school enrollment is anticipated to grow by 3.4%next fall.

• Edmond Public Schools can expect a five year enrollment growthof 2,511 students with a fall 2020 enrollment of 26,476.

• Edmond Public Schools can expect a ten year enrollment growthof 4,307 students with a fall 2025 enrollment of 28,272.

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