Agenda Item
i. Closeout of E-SPLOST V Projects
Summary: Presented by: Mr. Richard Boyd, Interim Chief Operating Officer, Division of Operations
Request: It is requested that the Board of Education approve budget reallocations to remove all remaining funds from the following E-SPLOST V projects that have been completed: 111. Fence installation A, 112. Fence installation B, 113. Fence installation C, 203. Peachtree MS, 221. John Lewis ES, 222. New ES for Cross Keys North (Doraville United ES), and 321. Plumbing fixture replacement.
It is also requested that the Board of Education approve budget reallocations to remove all remaining funds from Project 201. Cross Keys HS (previously Cross Keys MS project) and Project 356. Cary Reynolds ES, as these projects are no longer necessary.
Why: These E-SPLOST V projects are complete or no longer necessary. Moving all remaining funds from these projects to E-SPLOST V program Contingency will allow these funds to be used by other E-SPLOST V projects to cover increased costs due to cost escalation or increased scope of work.
Details: Closing out these completed and no longer necessary projects and moving all remaining budget to E-SPLOST V Program Contingency will allow these funds to be used by other E-SPLOST V projects to cover increased costs due to cost escalation or increased scope of work.
Project 111. Fence installation A is complete with a remaining available budget of $445,651. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 112. Fence installation B is complete with a remaining available budget of $395,855. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 113. Fence installation C is complete with a remaining available budget of $750,609. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 201. Cross Keys HS (previously Cross Keys MS project) is no longer necessary. Cross Keys HS will be modernized and added on to under Project 214. New Cross Keys HS, making this project unnecessary. The remaining available budget of this project is $2,936,955. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 203. Peachtree MS is complete with a remaining available budget of $121,910. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 221. John Lewis ES is complete with a remaining available budget of $300,879. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 222. New ES for Cross Keys North (Doraville United ES) is complete with a remaining available budget of $406,758. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 321. Plumbing fixture replacement is complete with a remaining available budget of $1,504,209. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 356. Cary Reynolds ES is no longer necessary. The Cary Reynolds ES facility will be torn down and the Cary Reynolds ES site will become part of the new Sequoyah MS and Sequoyah HS site, making further major capital investment in this facility unnecessary. The remaining available budget of this project is $5,622,960. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Financial impact: The following budget re-allocations will be made for a total re-allocation of $12,184,907 to E-SPLOST V Program Contingency:
$445,651 from Project 111. Fence installation A to 602. Program Contingency
$395,855 from Project 112. Fence installation B to 602. Program Contingency
$750,609 from Project 113. Fence installation C to 602. Program Contingency
$2,936,955 from Project 201. Cross Keys HS (previously Cross Keys MS project) to 602. Program Contingency
$121,910 from Project 203. Peachtree MS to 602. Program Contingency
$300,879 from Project 221. John Lewis ES to 602. Program Contingency
$406,758 from Project 222. New ES for Cross Keys North (Doraville United ES) to 602. Program Contingency
$1,504,209 from Project 321. Plumbing fixture replacement to 602. Program Contingency
$5,622,960 from Project 356. Cary Reynolds ES to 602. Program Contingency
Contact: Mr. Richard Boyd, Interim Chief Operating Officer, Division of Operations, 678.676.1483
Mr. Hans Williams, Director of Planning & E-SPLOST Programming, Division of Operations, 678.676.1588
Effective: Upon board approval
Status: Approved by General Counsel.
CHRONOLOGY OF THE AGENDA ITEM
After the May 24, 2016, approval of the 2017-2022 E-SPLOST V referendum by DeKalb voters, the Board
approved an E-SPLOST V list of projects on December 5, 2016, for $561 million to include various capital
renewal, renovations and classroom addition projects throughout the District.
The Following E-SPLOST V projects have been completed or are no longer necessary. Moving all remaining
funds from these projects to E-SPLOST V program Contingency will allow these funds to be used by other
E-SPLOST V projects to cover increased costs due to cost escalation or increased scope of work.
Project 111. Fence installation A is complete with a remaining available budget of $445,651. This
remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 112. Fence installation B is complete with a remaining available budget of $395,855. This
remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 113. Fence installation C is complete with a remaining available budget of $750,609. This
remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 201. Cross Keys HS (previously Cross Keys MS project) is no longer necessary. Cross Keys HS will
be modernized and added on to under Project 214. New Cross Keys HS, making this project unnecessary.
The remaining available budget of this project is $2,936,955. This remaining budget will be moved to 602.
Program Contingency, closing out this project.
Project 203. Peachtree MS is complete with a remaining available budget of $121,910. This remaining
budget will be moved to 602. Program Contingency, closing out this project.
Project 221. John Lewis ES is complete with a remaining available budget of $300,879. This remaining
budget will be moved to 602. Program Contingency, closing out this project.
Project 222. New ES for Cross Keys North (Doraville United ES) is complete with a remaining available
budget of $406,758. This remaining budget will be moved to 602. Program Contingency, closing out this
project.
Project 321. Plumbing fixture replacement is complete with a remaining available budget of $1,504,209.
This remaining budget will be moved to 602. Program Contingency, closing out this project.
Project 356. Cary Reynolds ES is no longer necessary. The Cary Reynolds ES facility will be torn down and
the Cary Reynolds ES site will become part of the new Sequoyah MS and Sequoyah HS site, making further
major capital investment in this facility unnecessary. The remaining available budget of this project is
$5,622,960. This remaining budget will be moved to 602. Program Contingency, closing out this project.
Closing out these completed and no longer necessary projects and moving all remaining budget to E-
SPLOST V Program Contingency will allow these funds to be used by other E-SPLOST V projects to cover
increased costs due to cost escalation or increased scope of work.