Orange County Public Schools

Capital Budget Work Session

May 19, 2016

Orange County Public Schools

Agenda

• Capital Budget – Estimated revenue

– Appropriations – New schools and renovations

– Other appropriations

– Future issues

• Next steps

2

Orange County Public Schools

Capital Budget

Capital Projects Fund

3

Orange County Public Schools

4

OCPS vs. State Forecasts

160000

170000

180000

190000

200000

210000

Actual COFTE 2011COFTE 2012 COFTE 2013COFTE 2014 COFTE 2015OCPS (COFTE Estimate)

FLDOE 2011

FLDOE 2012

FLDOE 2014

OCPS 2015

FLDOE 2013

FLDOE 2015

Orange County Public Schools BEBR Projections (2014)

2015 Projected 5-17 year olds: 216,137 2020 Projected 5-17 year olds: 233,138 Difference: 17,001

5

Orange County Public Schools

15292

10943

8769

3837 3079 3042

4577

8025 7739

7144 7500

13969

8169

5401

1929

2846

4045

6510

10419

9510 9490

9500

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

Total Certificates ofOccupancy (Orange Co.Property Appraiser)

Total Building Permits(HUD Database)

ACTUAL ESTIMATED

New Residential Construction

6

Orange County Public Schools

7

-

100.00

200.00

300.00

400.00

500.00

600.00

2017 2018 2019 2020 2021

In M

illio

ns

Fiscal Year

Budgeted Capital Revenues by Source

Other State

PECO

Other Local

Sales Taxes

Impact Fees

Property Taxes

Orange County Public Schools

8

Districtwide Capital 15.02%

Comprehensive Needs 45.88%

Additional Schools 6.49%

Site Acquisition 1.04%

Safety Security Environ 0.69%

Portables 2.77%

Educational Tech 8.15%

Charter Schools 0.61%

Buses & Equipment 2.37%

Ancillary Facilities 0.73%

Debt Service & Ops 16.25%

Capital Projects Use of Funds (Excluding Reserves)

Orange County Public Schools

Proposed Capital Plan

• Continues with project priorities as previously presented

• Complies with settlement agreement

• Complies with recommendations from COVE regarding advanced projects and capital renewal reserves

• New capacity projects based on recommendation from Advance Planning

• Schedule to be adjusted as needed based on student growth, revenue availability and other restrictions

9

Orange County Public Schools

Five-Year New School Openings • 2016 Millennia Gardens Elementary

• 2016 Bay Lake Elementary

• 2016 Wedgefield School

• 2017 131-PS8-SW-5

• 2017 21-M-E-2

• 2017 52-M-SE-2

• 2017 27-H-W-4

• 2017 44-E-SE-2

• 2017 84-E-W-4

• 2018 133-K8-N-6

10

Orange County Public Schools

Five-Year New School Openings

• 2019 37-M-W-4

• 2019 72-E-W-7

• 2019 25-E-SW-4

• 2020 114-E-W-4

• 2020 90-E-N-7

• 2020 20-E-SW-4

11

Orange County Public Schools

FY2017 Comprehensive Projects - Construction

• Dover Shores ES

• Cypress Park ES

• Oak Hill ES

• Lake Como/Kaley K-8

• Rock Lake ES

• Mollie Ray ES

• Ivey Lane ES

• Meadow Woods ES

12

Orange County Public Schools

FY2017 Comprehensive Projects - Design

• Pershing/Pine Castle K-8

• Hillcrest ES

• Corner Lake MS

• Durrance ES

• Union Park ES

• Pine Hills ES

• Frangus ES

• Maxey ES

• Hungerford ES

• Hidden Oaks ES

13

Orange County Public Schools

Other FY17 Appropriations

• Capital Renewal- $78.2m

• Digital curriculum expansion- $40.1m

• Site acquisition for future projects- $6m

• School bus replacement- $13.7m

• Portable moves and leasing- $16m

• Charter school capital funding- $3.6m

• District-wide painting- $4.5m

14

Orange County Public Schools

10 Year Plan Highlights

• Completion of original Sales Tax list

• Functional Equity schools

• Pre-2003 Sales Tax schools

• Capital Renewal

15

Orange County Public Schools

Future Issues

• Student station limits (HB 7029)

• Open enrollment (HB 7029)

• Impact Fee rates

16

Orange County Public Schools

Next Steps

• Approval to advertise – June 28

• Public hearing – July 26

• Public hearing – September 13

17

Orange County Public Schools

Superintendent’s Comments

School Board Questions and Discussion

18