annual bond program update july 1, 2012 – june 30, 2013
TRANSCRIPT
Annual Bond Program Update
July 1, 2012 – June 30, 2013
PUSD Bond Program Background
PUSD is currently managing three outstanding B Bond programs:
$93.5 Million Program Authorized in 2002
$120.5 Million Program Authorized in 2005
$180 Million Program Authorized in 2012
12-13 Bond Program Reporting Annual Bond Program Update presented at
PUSD Board Meeting Website Reporting
Current information will be posted after Governing Board meeting PUSD Home Page / Community / Support Services /
Building Updates & Construction (B- bonds)
Bond Projects Estimated Costs to be Paid
From Bond
Construct three elementary schools $34,500,000
Renovate existing elementary schools $14,000,000
Renovate Peoria High School $10,000,000
Athletic fields and building improvements to two new high schools $5,000,000
Athletic fields and building improvements to existing high schools $10,000,000
Purchase pupil transportation vehicles $10,000,000
Construct District transportation facility $7,000,000
District wide renovations for District Technology Plan $3,000,000
Total Bond Authorization $93,500,000
2002 B Bond Authorization
12-13 (2002) B Bond Program Activity
Beginning Fund Balance at 7-1-12 $10,400,587
Additions: Revenues $0
Subtotal $10,400,587
Subtractions: Expenses ($604,746)
Ending Fund Balance at 6-30-13 $9,795,841
Unsold Bonds at 6-30-13 $0
2002 Bond Budget Project Summaries Through 6-30-13
Bond Projects
Current Project
Budgets as of 6/30/13
Original Project Budgets on
Voter Pamphlet
Project Expenses Through 6/30/13
Remaining & Committed
Funds Through 6/30/13
Construct three elementary schools (Vistancia, Lake Pleasant & Elementary #32)
$34,466,234 $34,500,000 $24,670,393 $9,795,841
Renovate existing elementary schools $9,727,475 $14,000,000 $9,727,475 $0
Renovate Peoria High School $14,915,868 $10,000,000 $14,915,868 $0
Athletic fields and building improvements to two new high schools (RSK and Liberty) $8,809,475 $5,000,000 $8,809,475 $0
Athletic fields and building improvements to existing high schools
$9,268,227 $10,000,000 $9,268,227 $0
Purchase pupil transportation vehicles $6,116,663 $10,000,000 $6,116,663 $0
Construct District transportation facility $7,396,000 $7,000,000 $7,396,000 $0
District wide renovations for District Technology Plan $2,800,058 $3,000,000 $2,800,058 $0
Total Bond Authorization $93,500,000 $93,500,000 $83,704,159 $9,795,841
12-13 (2002) B Bond Program Activity Construction (Elementary)
Architectural and Engineering Services for School #33. Pre-Construction for School #33.
Bond Projects Estimated Costs to be Paid From Bonds
Construct new schools and renovate and improve instructional and operational buildings and infrastructure at existing elementary schools $45,000,000
Renovate and improve instructional and operational buildings and infrastructure at Peoria High School $29,000,000
Construct additions to instructional and operational buildings and facilities at High School #7 $8,000,000
Renovate and improve instructional and operational buildings and infrastructure at other high schools $20,500,000
Complete construction of Transportation & Support Services Facility and acquire pupil transportation vehicles $10,000,000
Provide for infrastructure related to instructional and operational technology and communications needs $8,000,000
Total Bond Authorization $120,500,000
2005 B Bond Authorization
12-13 (2005) B Bond Program Activity
Beginning Fund Balance at 7-1-12 $22,371,371
Additions: Refunds $22,210
Subtotal $22,393,581
Subtractions: Expenditures ($10,925,415)
Ending Fund Balance at 6-30-13 $11,468,166
Unsold Bonds at 6-30-13 $0
2005 Bond Budget Project Summaries Through 6-30-13
Bond Projects
Current Project
Budgets as of 6/30/13
Original Project
Budgets on Voter
Pamphlet
Actual Project Expenses Through 6/30/13
Committed Project
Budgets at 6/30/13
Bond Funds Available for Allocation at
6/30/13
Construct new schools and renovate and improve instructional and operational buildings and infrastructure at existing elementary schools $51,097,297 $45,000,000 $42,908,137 $0 $8,189,160
Renovate and improve instructional and operational buildings and infrastructure at Peoria High School $30,620,969 $29,000,000 $28,371,330 $0 $2,249,639
Construct additions to instructional and operational buildings and facilities at High School #7 (Liberty) $3,309,514 $8,000,000 $3,309,514 $0 $0
Renovate and improve instructional and operational buildings and infrastructure at other high schools $13,730,735 $20,500,000 $12,846,827 $0 $883,908
Complete construction of Transportation & Support Services Facility and acquire pupil transportation vehicles $13,629,970 $10,000,000 $13,629,970 $0 $0
Provide for infrastructure related to instructional and operational technology and communications needs
$8,111,515 $8,000,000 $7,966,056 $145,459 $0
Total Bond Authorization $120,500,000 $120,500,000 $109,031,834 $145,459 $11,322,707
12-13 (2005) B Bond Program Activity Renovation (Elementary)
HVAC Upgrades at Alta Loma, Desert Harbor, Sky View, and Pioneer
Roofing Renovation at Alta Loma Projector Cabling Program >$10,000 at Elementary
Schools: Peoria, Kachina, Sundance, Desert Valley, Sahuaro Ranch, Marshall Ranch, Paseo Verde, Cheyenne, Country Meadows, Zuni Hills, and Peoria Traditional Academy
Skylight Renovations at Frontier, Country Meadows, Coyote Hills, and Zuni Hills
12-13 (2005) B Bond Program Activity Renovation (Elementary continued)
Playground Remodel at Cotton Boll Fencing Renovation at Heritage Flooring Replacement/Upgrade >$5,000 at Ira Murphy
and Alta Loma Asbestos Management and Compliance Program at
all Elementary Schools
12-13 (2005) B Bond Program Activity Renovation (High Schools)
Projector Cabling Program >$10,000 at High Schools: Peoria, Centennial and Liberty
Roofing Renovations at Cactus and Sunrise Mountain Old Main Renovation Tennis Court Renovation at Centennial HVAC Upgrades at Peoria, Ironwood and Cactus Flooring Replacement/Upgrade >$5,000 at Cactus Asbestos Management and Compliance Program at
all High Schools
Bond Projects Estimated Costs to be Paid From Bonds
Renovate and improve existing elementary schools (including furnishing and equipment, energy management systems, alternative energy and security systems) $67,200,000
Renovate and improve existing high schools excluding the structure otherwise known as Old Main on the Peoria High School campus (including furnishing and equipment, energy management systems, alternative energy and security systems) $47,800,000
Purchase public transportation and campus support vehicles $22,900,000
Purchase technology equipment and infrastructure to support access and connectivity as it relates to education and the classroom $40,400,000
Renovate and improve existing administrative facilities such as food services, transportation services, and maintenance facilities (including furnishing and equipment, energy management systems, alternative energy and security systems) $1,700,000
Total Bond Authorization $180,000,000
2012 B Bond Authorization
12-13 (2012) B Bond Program Activity
Beginning Fund Balance at 11-6-12 $0
Subtotal $0
Subtractions: Expenditures ($4,934,289)
Ending Fund Balance at 6-30-13 ($4,934,289)
Unsold Bonds at 6-30-13 $180,000,000
2012 Bond Budget Project Summaries Through 6-30-13
Bond Projects
Current Project
Budgets as of 6/30/13
Original Project
Budgets on Voter
Pamphlet
Actual Project Expenses
Through 6/30/13
Committed Project
Budgets at 6/30/13
Bond Funds Available for Allocation at
6/30/13
Renovate and improve existing elementary schools (including furnishing and equipment, energy management systems, alternative energy and security systems) $67,200,000 $67,200,000 $1,229,581 $0 $ 65,970,419
Renovate and improve existing high schools excluding the structure otherwise known as Old Main on the Peoria High School campus (including furnishing and equipment, energy management systems, alternative energy and security systems) $47,800,000 $47,800,000 $ 146,062 $0 $ 47,653,938
Purchase public transportation and campus support vehicles $22,900,000 $22,900,000 $1,091,622 $0 $ 21,808,378
Purchase technology equipment and infrastructure to support access and connectivity as it relates to education and the classroom $40,400,000 $40,400,000 $ 925,118 $0 $ 39,474,882
Renovate and improve existing administrative facilities such as food services, transportation services, and maintenance facilities (including furnishing and equipment, energy management systems, alternative energy and security systems) $1,700,000 $1,700,000 $ 1,541,906 $0 $ 158,094
Total Bond Authorization $180,000,000 $ 180,000,000 $ 4,934,289 $0 $ 175,065,711
12-13 (2012) B Bond Program Activity Renovation (Elementary)
HVAC Upgrades at Peoria, Pioneer, Marshall Ranch, Paseo Verde, and Cheyenne
Projector Cabling Program >$10,000 at Elementary Schools: Sun Valley
Computer Replacement >$5,000 at Elementary Schools: Peoria, Ira Murphy, Kachina, Heritage, Desert Palms, Sundance, Cotton Boll, Oakwood, Desert Valley, Sahuaro Ranch, Oasis, Sky View, Apache, Marshall Ranch, Santa Fee, Paseo Verde, Desert Harbor, Cheyenne, Frontier, Country Meadows, Coyote Hills, Zuni Hills, Parkridge, and
12-13 (2012) B Bond Program Activity Renovation (Elementary continued)
Computer Replacement >$5,000 continued: Peoria Traditional Academy
Fire Alarm Replacement/Upgrade at Oasis Flooring Replacement/Upgrade >$5,000 at Sundance
and Desert Valley Roofing Renovation at Peoria, Frontier, Country
Meadows, Coyote Hills, Zuni Hills, and Parkridge Skylight Renovations at Frontier, Country Meadows,
Coyote Hills, and Zuni Hills
12-13 (2012) B Bond Program Activity Renovation (High Schools)
Computer Replacement Program >$5,000 at High Schools: Centennial and Raymond S. Kellis
Roofing Renovations at Ironwood Flooring Replacement/Upgrade >$5,000 at Cactus,
Centennial, and Raymond S. Kellis
12-13 (2012) B Bond Program Activity Renovation (Support Services)
Computer Replacement Program >$5,000 at Support Sites: District Administration Center and Cholla Annex
Software Purchase of Synergy to replace Pinnacle Campus Support Vehicle Purchase in the amount of
22 Pickup Trucks, and 30 Vans
Public Comment and
Questions