| | | | | | | | 
August 21, 2024 Board Meeting
Agenda Item 28.
|
| | | | | | | | Title
APPROVAL OF THE 2024/25 FIVE-YEAR CAPITAL IMPROVEMENT PLAN
Description
The Capital Improvement Plan is a comprehensive capital expenditure plan which details Board spending goals and objectives, provides an analysis of existing building conditions, details student growth projections at each school and provides an associated five-year expenditure plan aligned with revenue projections. The plan addresses the Board goals of; providing sufficient capacity to meet enrollment projections, preservation of existing asset value, providing superior safety and security for students and staff, meeting district-wide technology needs, and providing a plan which is financially feasible based upon revenue projections.
Gap Analysis
The Capital Improvement Plan is a comprehensive review and recommendation of spending priorities based upon objective analysis of needs and alignment spending with Board initiatives. It provides a comprehensive spending plan.
Previous Outcomes
Previous approvals have resulted in an effective and efficient expenditure of capital funds with associated revenue projections.
Expected Outcomes
That the 2024/25 Capital Improvement Plan is approved and implemented.
Strategic Plan Goal
Pillar 4 - Every School Equipped
Priority 2 - Create High Quality Infrastructure
Recommendation
That the 2024/25 Five-Year Capital Improvement Plan be approved as presented.
Contact Information
DIANE COMINOTTI diane.cominotti@sarasotacountyschools.net
MICHAEL KEMP michael.kemp@sarasotacountyschools.net
Financial Impact
$237,519,705
Funding Source: Capital Budget
|
|