October 2014

Work Session

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SPLOST UPDATE

Project update as of 6/30/2014

Review Referendum

Make recommendations for projects on deferred list

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Completed Projects as of 6/30/2014

Projects Total

HVAC Gymnasiums $ 10,575,366

Re Roofing 2,617,412

Land Purchases 3,260,255

Kinnett Stadium 2,070,696

Carver High School 43,909,424

Aaron Cohn Middle* 21,171,436

Northside Addition* 4,508,605

Richard Addition* 5,429,367

Lorenzo Road * 562,745

Total Projects $94,105,306

*Project near completion-final cost may vary up to $10,000 3

In progress as of 6/30/2014

Projects

Estimated Budget Spent

Amount Remaining

Dorothy I. Height Elementary $20,034,788 $18,480,861 $1,553,927

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Design Stage

Projects Estimated

Budget Spent/

encumbered Amount

Remaining

Fine Arts Academy $ 28,300,000 0 $ 28,300,000

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On-going Projects as of 6/30/2014

Projects Estimated

Budget Spent Amount

Remaining

Technology $ 35,861,093 $25,444,234 $ 10,416,859

School Furniture and Equip 366,023 116,023 250,000

Security 565,000 251,204 313,796

Buses 2,000,000 1,984,965 15,035

Museum 1,000,000 490,752 509,248

Playgrounds 1,358,500 762,893 595,607

Other Facilities Needs 1,450,000 1,444,756 5,244

Total Projects $ 42,600,616 $30,494,827 $ 12,105,789

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Projects as of 6/30/2014

Projects Estimated

Budget Spent Amount

Remaining

Completed $ 94,105,306 $ 94,105,306 $ 0

In Progress 20,034,788 18,480,861 1,553,927

Design Stage 28,300,000 0 28,300,000

On-going 42,600,616 30,494,827 12,105,789

Debt Service/

Project Management 3,750,000 3,664,127 85,873

Total Projects 188,790,710 146,745,121 $42,045,589

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Referendum Review

On September 15, 2009, the citizens of the Muscogee County School District (the “School District”) voted and approved that a one percent sales and use tax (the “Sales and Use Tax”) be imposed in the School District to raise not more than $223,155,784 to pay or to be applied toward the cost of:

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SPLOST Revenue As of June 30, 2014

SPLOST Collections $159,829,732

Georgia State Financing and

Investment Commission 12,896,939

Transfers from General Fund 2,187,093

E Rate 1,266,646

Interest 134,720

Total Revenue $176,315,130

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SPLOST Revenue Estimated Additional Revenue

SPLOST Collections $16,509,398

Interest 10,000

Total Est Add’l Revenue $16,519,398

Total Estimated Revenue

As of June 30, 2014 $176,315,130

Add’l Estimated Revenue 16,519,398

Total Estimated Revenue $192,834,529 10

(i) the acquisition, construction and equipping of new school buildings and facilities, including but not limited to

1. a new Carver High School, 2. a new middle school, 3. one and possibly two new elementary

schools, 4. a fine arts academy, 5. and other such projects,

Referendum Review

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(i) the acquisition, construction and equipping of new school buildings and facilities, including but not limited to:

1. a new Carver High School

2. a new middle school,

3. one and possibly two new elementary schools,

4. a fine arts academy,

5. and other such projects,

Referendum Review

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Referendum Review (i) the acquisition, construction and equipping of

new school buildings and facilities, including but not limited to:

1. a new Carver High School

2. a new middle school,

3. one and possibly two new elementary schools,

4. a fine arts academy,

5. and other such projects,

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23

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Referendum Review (i) the acquisition, construction and equipping of

new school buildings and facilities, including but not limited to:

1. a new Carver High School

2. a new middle school,

3. one and possibly two new elementary schools,

4. a fine arts academy,

5. and other such projects,

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Referendum Review (i) the acquisition, construction and equipping of

new school buildings and facilities, including but not limited to:

1. a new Carver High School

2. a new middle school,

3. one and possibly two new elementary schools,

4. a fine arts academy, (Design Stage)

5. and other such projects,

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(iii) acquiring new school equipment and making certain technology improvements,

(iv) acquiring any property necessary or desirable therefore, both real and personal (the “Projects”)

(v)issuance of general obligation debt of Muscogee County School District in the principal amount not to exceed $70,000,000 (the “Debt”) for the above purposes.

Referendum Review

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2009 SPLOST Projects Deferred Deferred projects (projects listed lowest to highest cost estimates)

Security $ 935,000

Jordan Auditorium 1,000,000

Furniture and Equipment 2,633,977

System-Wide Athletic Facilities 3,000,000

Technology 5,000,000

System-Wide Gym 7,000,000

Total $ 19,568,977

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Estimated Unobligated Funds

Estimated Total Revenue $193,000,000

Amounts Obligated for current

projects 189,000,000

Estimated Unobligated Funds

$4,000,000

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Proposed Allocation for Deferred Projects

Projects Amount Deferred

Additional Allocation

Security $ 935,000 700,000

Jordan Auditorium 1,000,000 1,200,000

Furniture and Equipment 2,633,977 500,000

Athletic Facilities 3,000,000 1,600,000

Technology 5,000,000 0

System-Wide Gym 7,000,000 0

Total Projects $ 19,568,977 $4,000,000

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Security Upgrades Fire alarms

Intercoms

Smoke detectors

Burglar Alarms

School Security Notification System

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Jordan Auditorium Renovation Seating

Sound system

Lights

Other general renovation

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Furniture and Equipment Music Instruments and Equipment for Middle and

High Schools

Furniture for new computer labs

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Athletic Facilities Synthetic Turf and Expansion of Track Area for Kinnett

Stadium

Weight Room Equipment for High Schools

Other Athletic Projects and Improvements for High Schools

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Referendum Review (i) the acquisition, construction and equipping of

new school buildings and facilities, including but not limited to:

1. a new Carver High School

2. a new middle school,

3. one and possibly two new elementary schools,

4. a fine arts academy, (Design Stage)

5. and other such projects,

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(ii) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to • Richards Middle School 12-Classroom Addition and Reno, • Northside High School 20-Classroom Addition, • Jordan High School Auditorium Upgrade, • Kinnett Stadium Upgrades, • System-Wide Athletic Facilities Upgrades, • air-conditioning gymnasiums, • security upgrades, • Alternative School and Adult Education Facility Upgrades, and other such projects,

Referendum Review

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(iii) acquiring new school equipment and making certain technology improvements,

(iv) acquiring any property necessary or desirable therefore, both real and personal (the “Projects”)

(v)issuance of general obligation debt of Muscogee County School District in the principal amount not to exceed $70,000,000 (the “Debt”) for the above purposes.

Referendum Review

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Projects Removed Second new elementary school

Alternative and Adult Education Facility Upgrades

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Recommendation Superintendent recommends approval of the

allocation of the estimated unobligated 2009 SPLOST funds as follows:

Projects

Additional Allocation

Security 700,000

Jordan Auditorium 1,200,000

Furniture and Equipment 500,000

Athletic Facilities 1,600,000

Total Projects $4,000,000

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