Meeting ng 5 5 Monday, May 7, 2018 Agenda Review New Schools - - PowerPoint PPT Presentation
Meeting ng 5 5 Monday, May 7, 2018 Agenda Review New Schools & Land Timeline & Cost Consideration of Additional Needs Funding Follow-Up Discussion Large Group Discussion: Prioritization & Consensus Building Meeting
Meeting ng 5 5
Monday, May 7, 2018
High School
Facility School District Bid Date Square Footage Total Construction Cost Cost per Sq Ft 5% Escalation/Year Cy Fair HS #11 Cy Fair ISD Aug-14 592,187 141,500,000 $ 238.94 $ 290.43 $ Alvin SCHS w/Pool Alvin ISD Mar-15 550,858 98,176,088 $ 178.22 $ 206.31 $ Klein HS #5 Klein ISD May-15 686,081 157,900,000 $ 230.15 $ 266.43 $ Katy HS #8 Katy ISD Jul-15 635,058 136,103,000 $ 214.32 $ 248.10 $ Grand Oaks HS Conroe ISD May-16 534,351 136,808,619 $ 256.03 $ 282.27 $ Lake Creek HS Montgomery ISD Jun-16 365,591 96,659,805 $ 264.39 $ 291.49 $ C.E. King HS Shelson ISD Dec-17 567,882 140,291,062 $ 247.04 $ 247.04 $ $ 266.85 230.00 $ Average - Cost Per Square Foot AISD Bond Budget 2018 - Cost Per Square Foot
Junior High
Facility School District Bid Date Square Footage Total Construction Cost Cost per Sq Ft 5% Escalation/Year Dean Leaman JH Lamar ISD May-14 195,467 34,140,884 $ 174.66 $ 212.30 $ Creekside Park JH Tomball ISD Aug-14 228,346 38,790,526 $ 169.88 $ 206.49 $ Katy JH #14 Katy ISD Dec-14 185,137 31,964,500 $ 172.65 $ 209.86 $ Katy JH #15 Katy ISD Jul-15 192,985 38,585,458 $ 199.94 $ 231.46 $ Oak Hills JH Montgomery ISD Dec-15 212,730 46,491,267 $ 218.55 $ 253.00 $ New MS Humble CISD May-16 165,000 43,220,000 $ 261.94 $ 288.79 $ Humble MS #9 Humble CISD May-16 199,136 44,174,400 $ 221.83 $ 244.57 $ Magnolia Intermediate Magnolia ISD Jun-16 131,500 22,371,068 $ 170.12 $ 187.56 $ Bear Branch Intermediate Magnolia ISD Aug-16 128,540 21,944,098 $ 170.72 $ 188.22 $ McNair Junior High Alvin ISD Aug-16 174,418 29,119,000 $ 166.95 $ 184.06 $ Klein IS Klein ISD Sep-16 207,986 44,499,877 $ 213.96 $ 235.89 $ Dickinson JH Dickinson ISD Dec-16 248,000 53,475,130 $ 215.63 $ 237.73 $ Katy JH #16 Katy ISD Jan-18 192,985 43,612,000 $ 225.99 $ 225.99 $ 221.19 $ 210.00 $ Average - Cost Per Square Foot AISD Bond Budget 2018 - Cost Per Square Foot
Elementary
Facility School District Bid Date Square Footage Total Construction Cost Cost per Sq Ft 5% Escalation/Year Hasse Elementary School Alvin ISD Feb-15 96,796 $ 17,119,698 $ 176.86 204.74 $ Elementary (#39) Katy ISD Feb-15 144,303 25,462,867 $ 176.45 $ 204.27 $ Meridiana Elementary School (#16) Alvin ISD Feb-15 102,086 $ 17,456,492 $ 171.00 197.95 $ Sullivan Elementary (#47) Fort Bend ISD May-15 146,953 31,800,468 $ 216.40 $ 250.51 $ New DR. ER Richter Elementary Dayton ISD May-15 112,093 22,516,702 $ 200.88 $ 232.54 $ New Stephen F Austin Elementary Dayton ISD May-15 112,799 22,000,000 $ 195.04 $ 225.78 $ New Elementary School Hamshire-Fannett ISD Jul-15 92,000 15,500,000 $ 168.48 $ 195.03 $ Lamar Elementary (#24) Lamar CISD Sep-15 93,000 18,541,396 $ 199.37 $ 230.80 $ Elementary School Montgomery ISD Oct-15 99,924 22,266,757 $ 222.84 $ 257.97 $ Humble Elementary (#28) Humble CISD Jan-16 114,000 23,154,000 $ 203.11 $ 223.92 $ New Matzke Elem Replmt Cy Fair ISD Jan-16 118,994 25,244,000 $ 212.15 $ 233.89 $ Brothers Elementary (#17) Alvin ISD Feb-16 101,858 17,578,000 $ 172.57 $ 190.26 $ Elementary (#40) Katy ISD Feb-16 144,303 25,995,000 $ 180.14 $ 198.60 $ Pomona Elementary (#18) Alvin ISD Feb-16 96,796 16,315,200 $ 168.55 $ 185.83 $ Grand Vista Elementary Fort Bend ISD May-16 119,876 26,662,557 $ 222.42 $ 245.22 $ Kathleen Joerger Lindsey Elem Lamar CISD Apr-16 93,000 18,095,600 $ 194.58 $ 214.52 $ Carter Elementary Lamar CISD Apr-17 94,000 19,863,333 $ 211.31 $ 221.88 $ New Elementary School Sealy ISD Jun-17 109,777 25,421,796 $ 231.58 $ 243.16 $ Bob and Betty Nelson Elementary Alvin ISD Sep-17 102,548 18,047,500 $ 175.99 $ 184.79 $ Bel Sanchez Elementary Alvin ISD Nov-17 101,858 17,572,300 $ 172.52 $ 181.15 $ North Shore Elementary Galena Park ISD May-17 137,818 25,211,000 $ 182.93 $ 192.08 $ New Elementary School Huffman ISD May-17 112,090 21,000,000 $ 187.35 $ 196.72 $ 213.62 $ 195.00 $ AISD Bond Budget 2018 - Cost Per Square Foot Average - Cost Per Square Foot
Elementary Year Built Max Cap- acity Bldg. Sq ft / stud- ent Ener gy/ stud ent Restroom fixture count Gym/ PE Sq Ft Admin Sq Ft LGI & Learning Collabor ation Art/ Music/ Stage
Quality Control of Humidity & Co² Grand- fathered Code Exemption
Admin Staff Cost Relative to Maximum Student Capacity
Baseline New Campus 2018 800 126 $85 Operation- ally adequate 3,790 3,141 Dedicated Spaces 4,310
Automated system provides efficient mitigation
Current Compliant $3,660/ student/yr Alvin Primary 1979 700 110 $104 Operation- ally Low 1,378 1,452 None 2,100
Lacks Control System - Humid (outside) air used to mitigate Co²
ADA, Energy, Building $4,183/ student/yr Stevenson Primary 1974 610 110 $115 Operation- ally Low 1,581 1,600 None 2,650
Lacks Control System - Humid (outside) air used to mitigate Co²
ADA, Energy, Building $4,800/ student/yr Disney Elementary 1979 570 103 $105 Operation- ally Low 1,581 1,452 None 2,100
Lacks Control System - Humid (outside) air used to mitigate Co²
ADA, Energy, Building $5,137/ student/yr EC Mason Elementary 1979 650 103 $112 Operation- ally Low 1,378 1,452 None 2,100
Lacks Control System - Humid (outside) air used to mitigate Co²
ADA, Energy, Building $4,505/ student/yr
Junior High Year Built Max Cap- acity Bldg. Sq ft / stud- ent Ener gy/ stud ent Restroom fixture count Gym/ PE Sq Ft Admi n Sq Ft LGI & Learning Collabor ation Art/ Music/ Stage
Quality Control of Humidity & Co² Grand- fathered Code Exemption
Admin Staff Cost Relative to Maximum Student Capacity
Baseline New Campus 2018 1000 174 $110 Operation- ally adequate 40,000 7,050 Dedicated Spaces 13,100
Automated system provides efficient mitigation
Current Compliant $3,891/ student/yr Harby Jr High 1980 830 182 $188 Operation- ally Low 40,412 5,000 None No Stage
Theater Arts Black Box
Lacks Control System - Humid (outside) air used to mitigate Co²
ADA, Energy, Building $4,689/ student/yr
Int Interest & & S Sinki nking ng ( (I& I&S) T Tax R Rate Used for debt repayment. CA CANNO NNOT T be used for operations. Maint ntena nanc nce & & O Operations ns ( (M&O) T Tax R Rate Daily operations: teacher salaries, electricity, fuel, supplies, etc. CA CAN be used to pay debt (bonds).
$370 million $425 million $475 million
Traditional Bond (No Tax Swap) 5 cent increase $70.15/year $5.85/month 6.5 cent increase $91.19/year $7.60/month 9 cent increase $126.27/year $10.52/month
These preliminary estimates are based on an average home value of $163,500 per Moody’s Corporation MFRA Report (taxable assessed value of $140,300).
$370 million $425 million $475 million
Traditional Bond (No Tax Swap) 5 cent increase $70.15/year $5.85/month 6.5 cent increase $91.19/year $7.60/month 9 cent increase $126.27/year $10.52/month Bond with Tax Swap (2 Ballot Propositions) 1 cent reduction $14.03 LESS/year $1.17 LESS/month 0 cent increase $0/year $0/month 2 cent increase $28.06/year $2.34/month
These preliminary estimates are based on an average home value of $163,500 per Moody’s Corporation MFRA Report (taxable assessed value of $140,300).
$370 million $425 million $475 million
Traditional Bond (No Tax Swap) 5 cent increase $70.15/year $5.85/month 6.5 cent increase $91.19/year $7.60/month 9 cent increase $126.27/year $10.52/month Bond with Tax Swap (2 Ballot Propositions: both receive approval) 1 cent reduction $14.03 LESS/year $1.17 LESS/month 0 cent increase $0/year $0/month 2 cent increase $28.06/year $2.34/month Tax Swap Only
(2 Ballot Propositions: TRE receives approval but Bond does not receive approval)
If the Bond is not approved by voters, the District would not be able to provide immediate funds for these projects. The district would have to delay construction of facilities until funding is available.
These preliminary estimates are based on an average home value of $163,500 per Moody’s Corporation MFRA Report (taxable assessed value of $140,300).