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Meeting Date:
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6/5/2020 - 12:00 PM
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Category:
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Old Business & Action Items
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Type:
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Action
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Subject:
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Adoption of the Final FY 2021-2030 Capital Improvement Program (CIP) Budget (documents uploaded on 6/3/2020)
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ACPS 2025 Strategic Plan Goal:
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Goal 4: Facilities and the Learning Environment Goal 5: Health and Wellness Goal 6: Effective and Efficient Operations
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Funding Source or Fiscal Impact (where applicable)
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File Attachment:
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Agenda Item Summary:
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Background:
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The School Board adopted its FY 2020 –2029 Capital Improvement Program (CIP) Budget on December 19, 2019 totaling $198.8M for FY 2021 and $530.7M across all ten years. In February, the City Manager proposed a CIP fully funding ACPS’ proposed FY 2021 budget. However, since that time, based on the projected fiscal impacts of COVID-19, the City has needed to reduce ACPS’ CIP budget for FY 2021. This reduction was accommodated by deferring $103.7M for the High School Project from FY 2021 to FY 2023. The adjusted budget is detailed in the chart; please note that the 10-year City Council approved is estimated based on the shifting of funding years for the high school project.
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Recommendation:
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The Superintendent recommends that the School Board approve the FY 2021 –2030 Capital Improvement Program Budget in the total amount of $532,484,885, with $95,089,100 in FY 2021. The Superintendent is granted the authority to make the necessary minor changes to comply with the School Board.
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Approvals:
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Recommended By:
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Signed By:
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Final-Clerk of the Board - Proxy
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Vote Results:
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| Original Motion | | Member Veronica R. Nolan Moved, Member Meagan L. Alderton seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the FY 2021 –2030 Capital Improvement Program Budget in the total amount of $532,484,885, with $95,089,100 in FY 2021. The Superintendent is granted the authority to make the necessary minor changes to comply with the School Board.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0. | | The motion Carried 9 - 0 | | | | | Ramee A. Gentry | Yes | | Margaret Lorber | Yes | | Cindy Anderson | Yes | | Veronica R. Nolan | Yes | | Meagan L. Alderton | Yes | | Christopher A. Suarez | Yes | | Jacinta Greene | Yes | | Dr. Michelle Rief | Yes | | Heather Thornton | Yes | |
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