Agenda Item
Meeting Date: 6/7/2018 - 7:00 PM
Category: Old Business and Action Items
Type: Action
Subject: Adoption of the Final FY 2019-2028 Capital Improvement Program (CIP) Budget
Strategic Plan:
Objective 4.1 Optimal Learning Environments and Infrastructure
In collaboration with City partners, ACPS will move aggressively to modernize all learning environments, expand or otherwise adapt facilities to meet projected changes in school enrollment, and ensure equitable application of capital improvements throughout the school division.
Objective 6.1 Fiscal Policies and Practices
ACPS will plan, manage, monitor, and report spending to provide decision-makers and the community with a reliable, accurate, and complete view of the financial performance of the educational system at all levels.
Policy: DB - Annual Budget
Funding Source or Fiscal Impact (where applicable): Adoption of FY 2019-2028 CIP Budget
File Attachment:
180607_MEMO_FY_19_28_CIP_Budget_Adoption.pdf
180607_Att_1_Motion_to_Adopt_FY_2019_2028_CIP_V1.pdf
180607_Att_2_CIP_FY19_28_Summary.pdf
180607_Att_3_CIP_FY19_28_Details.pdf
180607_Att_4_Allocation_of_High_School_Planning_Funds.pdf
180607_Att_5_HS_Capacity_Planning_Fund_Request.pdf
Agenda Item Summary: This is the adoption of the FY 2019-2028 Capital Improvement Program.
Background: The School Board adopted its FY 2019 – 2028 Capital Improvement Program (CIP) Budget on January 25, 2018 totaling $68.33 million for FY 2019 and $474.68 million across all ten years. On May 3, 2018, City Council adopted its FY 2019 – 2028 CIP Budget which allocated funds for the entire amount requested as either Direct Funding ($407.7M) or Reserved Bond Capacity/Cash Capital ($67.0M).
Recommendation: The Superintendent recommends the School Board review the attachments and adopt the FY 2019-2028 CIP.
Approvals:
Recommended By:
Signed By:
Mignon Anthony - Chief Operations Officer
Signed By:
Mike Herbstman - Chief Financial Officer
Signed By:
Lois Berlin - Interim Superintendent
Vote Results:

Original Motion
Member Cindy Anderson Moved, Member Margaret Lorber seconded to approve the Original motion 'The Superintendent recommends the School Board review the attachments and adopt the FY 2019-2028 CIP.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Ronnie Campbell     Yes
William E. Campbell     Yes
Karen Graf     Yes
Christopher J. Lewis     Yes
Ramee A. Gentry     Yes
Henry E. Cardwell     Yes
Margaret Lorber     Yes
Cindy Anderson     Yes
Veronica R. Nolan     Yes