Gro rowth M Management R Review September 18, 2014 Growth - - PowerPoint PPT Presentation

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Gro rowth M Management R Review September 18, 2014 Growth - - PowerPoint PPT Presentation

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Board of Education Regular Meeting Gro rowth M Management R Review September 18, 2014 Growth Management Review 1 Agenda 1. Foundational Information 2. Capital Plan Considerations (What) 3. Financial Considerations (How) 4. Why now?

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Growth Management Review 1

Board of Education Regular Meeting

Gro rowth M Management R Review

September 18, 2014

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Growth Management Review 2

Agenda

1. Foundational Information 2. Capital Plan Considerations (What) 3. Financial Considerations (How) 4. Why now? 5. How is this plan different from the 2012 proposal? 6. Boundary Lines 7. Proposed Timeline 8. Guiding Questions

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Growth Management Review 3

Foundational Information

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Growth Management Review 4

Foundational Information

  • Capacity and Enrollment by Building

Growth Management Review

Build lding Func unctional Cap apac acity Actu ctual Enrollm llment Diffe ference Rising Star** 184 156 28 Pathfinder 334 404 (70) Siegrist 596 554 42 Paxton** 390 425 (35) Barry 521 633 (112) PCMS 623 627 (4) PCHS 1044 1110 (66)

  • 217 start
  • f this year
  • 103 end
  • f last year
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Growth Management Review 5

Foundational Information

Growth Management Review

2011 2012 2013 2014 2015 2016 2017 2018 Low Projection from 2010 Study 3368 3499 3629 3760 3891 4022 4152 4283 Medium Projection from 2010 Study 3404 3565 3732 3905 4084 4269 4460 4657 High Projection from 2010 Study 3520 3721 3932 4153 4384 4625 4876 5137 Actual 2011 to 2014 with New Projections 3549 3665 3711 3782 3908 4007 4133 4230

30 3000 00 35 3500 00 40 4000 00 45 4500 00 50 5000 00 55 5500 00

Enrollment

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Growth Management Review 6

Foundational Information

Growth Management Review

  • Financial reality

3300 3400 3500 3600 3700 3800 3900 4000 $380 $400 $420 $440 $460 $480 $500 As Assessed V Val aluat atio ion in in Mil illio ions Assessed Valuation Enrollment

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Growth Management Review 7

Foundational Information

  • Voting Population Demographics (2012)

– 3,321 Votes Cast in 2012 – 2,542 North of KCI (76.5%) – 779 South of KCI (23.5%)

  • Survey Results from 2013**

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**The remaining percentage indicated the idea would make no difference or “don’t know”.

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Growth Management Review 8

Foundational Information

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  • Areas for expansion on property currently owned by

the district

– Duncan Property – Pathfinder planned expansion

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Growth Management Review 9

Foundational Information

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Rising S Star E Eleme ementary by t the n e numbers

– Over 60 60 years old – 27, 7,00 000 square feet – 5. 5.78 78 acre site – Brokers Opinion of Value (provided by Zimmer):

  • Sales Comp Approach: $405

$405K t to $540 $540K

  • Land Value Approach: $3

$377K 7K t to $4 $440K 40K (less 30K for demo) – Estimated short term (5-7 years) renovation cost (provided by Hollis and Miller Architects): $583K $583K – Estimated cost of total renovation: $7.2 .2 m million

  • n

– Estimated cost of Building New Comparable: $6.9 m milli llion

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Growth Management Review 10

Foundational Information

Growth Management Review

Rising S Star E Eleme ementary annu annual al o

  • perating

ng p premium If Rising Star were a “wing” on a larger, more efficient elementary school of 550 to 700 students we could avoid paying an annual premium associated with inefficiencies directly correlated to economies of scale.

– Approximately $18 180,000 t 0,000 to $250,000 0,000 per year due to

  • Very conservative estimate
  • Inefficient staffing due to small size
  • Transportation (staging, ride times, fuel costs)
  • Maintenance and repair cost and time
  • Food Service Staffing
  • Traveling Teachers
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Growth Management Review 11

Foundational Information

Growth Management Review

  • Platte County High School Master Plan
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Growth Management Review 12

North campus South campus

Foundational Information

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Ris isin ing St Star ar K Sie Siegrist 1-3 Pax Paxton 4-5 Pathf hfinder K-2 Ba Barry 3-8 PCM PCMS 6-8 PCH PCHS 9-12

  • Grade span configuration operating

inefficiencies and inconveniences

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Growth Management Review 13

Foundational Information

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  • When considering WHY

HY we must have an action plan:

– Overcrowding – Enrollment growth outpacing tax base growth – Population demographics and survey results – Current property assets – Cost-benefit analysis of Rising Star – Master plan for PCHS – Feeder system analysis

Let’s consider WHAT AT we should do about it……

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Growth Management Review 14

Capital Plan Considerations (What)

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Growth Management Review 15

Capital Plan Considerations (What)

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Overview: An expansion project that improves

  • perating

efficiency while providing adequate instructional space through new facility construction, repurposing existing facilities and facility closure

  • New Elementary in Platte City to allow for closure of

Rising Star and Annexation of Paxton by PCHS

  • Light renovations of Paxton to allow occupancy by

PCHS – first step that fits into a master plan for PCHS

  • To address Barry and Pathfinder overcrowding:

– Pathfinder expansion – Improve grade span alignment – Improve schedule for parents

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Growth Management Review 16

North campus South campus

Current Feeder System

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Ris isin ing St Star ar K Sie Siegrist 1-3 Pax Paxton 4-5 Pathf hfinder K-2 Ba Barry 3-8 PCM PCMS 6-8 PCH PCHS 9-12

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Growth Management Review 17

Sie Siegrist K-5 Ris isin ing St Star ar

  • Possible Feeder System Transition

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Ris isin ing St Star ar K Pathf hfinder K-3 PCM PCMS 6-8 PCH PCHS 9-12 New E ES K-5 Ba Barry 4-8

North campus South campus

Pax Paxton (PCH PCHS A S Annex) 9-12

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Growth Management Review 18

Financial Considerations (How)

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Growth Management Review 19

Financial Considerations (How)

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  • 20-year Lease Purchase Finance paid for by a Capital

Project Fund Levy of approximately $0.38 to $0.50 tax increase (currently finalizing high-level budget)

  • Operating needs are still being determined, but

improved efficiency and higher Assessed Valuation numbers may eliminate this need

– If needed in the future, can ask on a separate question

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Growth Management Review 20

Why now?

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Growth Management Review 21

Why now?

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  • Capacity issues will not go away and are projected to

worsen

  • Construction costs are projected to increase
  • Finance costs are projected to increase
  • Kicking expansion “down the road” will only

compromise services and, ultimately, cost more to take care of later

  • Experiencing a temporary elementary growth plateau

(especially in the North) making now the time to close Rising Star and expand PCHS by annexing Paxton

  • Continued operation of Rising Star will require

unjustifiable capital investment even for a short-term plan

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Growth Management Review 22

How is this potential plan different from the 2012 proposal?

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Growth Management Review 23

How is this potential plan different?

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Adequate Learning Space Smaller Tax Increase Improved Efficiency Sustainable Feeder Systems that Reduce Transitions

  • Larger project
  • Smaller tax increase
  • More efficient use of existing operating dollars

– Closes Rising Star – Eliminates transportation staging due to grade span feeder system – Larger elementary buildings allow for more efficient staffing, reduce student transitions, and enhance relationships

  • Sunset provision
  • Removes miscellaneous components such as parking

lot, tennis courts, preventative maintenance, etc. and focuses on addressing over capacity

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Growth Management Review 24

Boundary Lines

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Growth Management Review 25

Boundary Lines

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  • The process
  • Northern attendance area
  • North/South considerations
  • Choice?
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Proposed Timeline

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Proposed Timeline

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  • September

– Regular Meeting (Growth Management Review) 9/18 – Work Session? – Open Forum?

  • October

– Regular Meeting (Continue Discussion) 10/16 – Work Session? – Open Forum?

  • November

– Regular Meeting (Survey Review) 11/20 – Work Session?

  • December

– Regular Meeting (Adoption of Resolution)

  • January

– File with Board of Elections

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Growth Management Review 28

Guiding Questions

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Growth Management Review 29

Additional Information Needed

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  • What information provided needs clarification?
  • What additional information would you like to see?
  • What data would you require that has not been

presented?