Facilities Funding

Local Funds • Property Taxes• Millage rate set by BOE used for annual M & O

• SPLOST• Voter approved sales tax

• Bond• Voter approved tax increase

State Funds

• Capital Entitlement based on Local Facilities Plan• Decreased from $12 million to $5 million annually due to

elimination of Exceptional Growth funding

Purpose

Why are we doing it?#1: Component of 2013-16 Strategic Plan

Addresses instruction, facilities and financing

#2: State RequirementEach local board of education shall develop and submit to the State Board of Education for approval once every five years a facilities plan that identifies the system's facility needs for the ensuing five years.

Why is it important? If it isn’t in the 2014-19 Facilities Plan, we don’t earn state entitlement for it (typically 50% of funding is from the state). Note: Not all needs in the plan will be funded.

FCS does not have a current local funding source for capital improvements (painting, flooring, etc). The current SPLOST funds are making payments on Bonds used for prior capital improvements.

Purpose

What will it provide us?

• Inventory of all existing schools

• Historical and projected FTE data

• Present and projected system organizational pattern

• Minimum and maximum FTE limits (ES, MS and HS school sizes)• Current sizes up for discussion by BOE:

1500 ES, 1200 MS and 2100 HS

• Instructional services, safety needs and support programs for each school

• Facility needs, including estimated costs for:• Renovations or Modifications (Life Cycle)• Additions• New Schools

• System-wide list of construction projects

• Proposed plan for state and local financing