Summary Discussion

Matthew E. BeecherAssistant Superintendent for Business Services1/30/2013

Thank you to our Presenters

Anthony Palazzo – Design of School/Cost

Bruce Hancock – Available State Match

John Baracy and Don Field – COP Solution

Changes in Students per Classroom Ratios Elementary

Adam

Alvin

AES

Battles

Bonita

Bruce

Fairlawn

Liberty

Miller

Oakley

JPO

Rice

Sanchez

Taylor

Tunnell

18

20

22

24

26

28

30

32

34

36

38

Are the Classrooms Necessary? We have discussed

enrollment growth at length

Our campuses are crowded

Additional classrooms are clearly needed

Is MTYRE a viable option?

MTYRE costs the district $3.2 Million Combined debt service costs for new

and refinanced COP’s is $3.2 Million Avoiding MTYRE essentially pays for

the debt

Can we afford the debt service Enrollment growth expected in next 4 years Additional funding from next year’s growth

alone is expected to be more than $2 Million

Yes we can afford the debt service

Can we afford not to go forward?

Supporting the C.O.P. will bring in more than $9 Million in State Match.

Supporting the C.O.P. will save the District $7 Million in construction costs.

Item Use COP and Start Now Wait for another optionDrawing and Design Paid for alreadyIncremental cost of new code Not applicable ($7,314,276)Use of State Match Objective met ($9,500,342)Refinance 2006 COP Objective met Objective can be met

Project funds lost if the district waits for another option ($16,814,618)

Yes on recommendation No on recommendation