Agenda Item
2. Capital Improvement & Facilities Update ~ Added 2.6.2026
Summary: Provided by: Mr. Erick Hofstetter, Chief Operating Officer, Division of Operations
CAPITAL IMPROVEMENT & FACILITIES
FEBRUARY 9, 2026
B O A R D U P D AT E
E-SPLOST BUDGET
2026
E-SPLOST V/VI MUNIS RECONCILIATION
• Efforts among Operations and Finance Division continue to be made to compress
the timeline for Approval → Contract Execution → Purchase Order /
Encumbrance → Commitment process.
• Operations and Finance Divisions continue to reconcile remaining revenue,
commitments, and encumbrances, particularly as E-SPLOST V nears full
commitment
• Correction made for E-SPLOST V and E-SPLOST VI commitments to reflect
Board approved $34,574,535 of commitment for Cross Keys HS in E-SPLOST
VI, not E-SPLOST V
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E-SPLOST V/VI MUNIS ADJUSTMENTS
Remaining Major ES Renovations:
1. Stoneview ES (Recommended)
2. Rock Chapel ES
3. Allgood ES
• Current estimates show enough funds to complete one of the listed
major ES renovations in E-SPLOST V and E-SPLOST VI
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E-SPLOST V AVAILABLE BUDGET “SWEEP”
Fiduciary Management
1. Move all available budget to E-SPLOST
V Program Contingency
2. Allow E-SPLOST V Fund to spend down
on current projects
• Anticipate FY28/29 to fully
closeout E-SPLOST V and move
remaining funds to E-SPLOST VI
Project Management
• Move all projects to E-SPLOST VI Fund
until full commitment
• Prepare financial monitoring systems
for E-SPLOST VII
• Supports fund and audit management
of E-SPLOST V and E-SPLOST VI and
potential E-SPLOST VII funds
2/5/2026 5
CAPITAL IMPROVEMENT PROJECTS
C A P I TA L I M P R O V E M E N T S
CAPITAL IMPROVEMENT PROJECTS
The Miller Grove
Emergency Demolition The project team has The Operations team and
submitted the final list of Procurement are advancing
Project was substantially
several significant
completed during the recommended 2026
procurements which should
Winter Break. Summer projects. The
be advertised in January and
security vestibule schedules February, including:
will be completed by
Construction progress January 15, 2026. • Elevator Revitalization and
remains on time and Upgrade
within budget for the • Fernbank Science Center
Planetarium HVAC, Screen, and
major projects; New Roof
Sequoyah MS and HS, • Sagamore Hills Roof
Cross Keys HS, and The planning team • Druid Hills CMAR
Dresden ES. continues to meet regularly • Druid Hills HS Roof Replacement
with DCSD staff and is • District-wide Fire Alarm System
incorporating SAP-related Upgrades
Construction activities
and other planning • Miller Grove HS Exterior Façade
are proceeding well on Renovation
the Ashford Park recommendations with
Elementary School District leadership.
project
The project team is supporting District leadership in evaluating
renovation, modernization, and replacement options for Druid Hills High
School and has developed conceptual scenarios with recommendations
to establish a baseline project approach.
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CAPITAL PROGRAMS REPORT
F I N A N C I A L S TAT E M E N T S
REPORTING TERMINOLOGY
Glossary of Meanings:
▪Revenue = Total money collected over a designated time
▪Commitment = Total Encumbrance(s) plus Total Expense(s)
▪Encumbrance = Unpaid amount remaining on contract(s)
▪Expenses = Actual funds paid against contract(s)
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
2/5/2026 11
CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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CAPITAL PROGRAM FINANCIAL STATEMENT
DECEMBER 31, 2025
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SUMMER 2026 PREPARATION
FA C I L I T I E S M A I N T E N A N C E &
C A P I TA L I M P R O V E M E N T
2/5/2026 19 19
2/5/2026 20 20
THANK YOU
QUESTIONS & COMMENTS