Capital Improvement Program: Fiscal Years 2020 and 2021

New Schools

  • The table below shows how much funding will be needed for each of the new schools that are part of the bond request on the Nov. 6 ballot. Please note that the totals shown are only for the amounts spent in fiscal year 2020 and fiscal year 2021. Projects marked with an asterisk will require money after fiscal year 2021 to complete.

    School  Total Capital   Bond Funding Cash Funding
    Southlakes Elementary  $2,265,163 $2,265,163  -
    Middle School in Fuquay Varina  $71,909,357  $71,909,357  -
    Elementary School in Apex  $48,019,768  $48,019,768  -
    Elementary School in SW Wake County*  $3,166,134  $3,166,134  -
    Elementary School in SW Wake County*  $3,166,134  $3,166,134  -
    High School in SW Wake County*  $7,886,458  $7,886,458  -
    Elementary School (not identified)*  $3,308,610  $3,308,610  -
     Subtotal  $139,721,624  $139,721,624  -

Renovations

  •  School  Total Capital Bond Funding Cash Funding
    Wiley Elementary  $369,387  $369,387  -
    Stough Elementary  $23,979,804  $23,979,804 - 
    East Wake Middle $5,387,852   $5,387,852  -
    Conn Elementary  $20,509,300  $20,509,300  -
    Fuquay Varina High   $73,675,384  $69,675,384  $4,000,000
    Fuller Elementary  $34,180,783   $34,180,783  -
    York Elementary  $42,512,025  $42,512,025  -
    Swift Creek Elementary   $3,020,370  $3,020,370  -
    West Millbrook Middle $68,543,035 $68,543,035 -
    Baucom Elementary $4,910,186 $4,910,186 -
    Middle School (not identified) $6,131,110 $6,131,110 -
    Subtotal $283,219,236 $279,219,236 $4,000,000

Program Requirements

  •  Program Requirements Total Capital  Bond Funding Cash Funding
    Life Cycle Building Comp.  $54,810,000  $54,810,000  -
    Life Cycle Furniture  $3,972,710  $3,972,710  -
    Educational Equipment   $2,090,900  $2,090,900  -
    Environmental/ADA   $8,363,600  $8,363,600  -
    Technology Infrastructure  $12,545,400  $6,180,000  $6,365,400
    Technology Devices  $46,417,980  -  $46,417,980
    Security  $8,829,871  $4,349,690  $4,480,181
    Mobile Classrooms  $2,693,000  $2,639,000 - 
    Assessments $1,045,450 - $1,045,450
    Property Acquisition $21,536,270 $10,609,000 $10,927,270
    SNAP $31,000,000 - $31,000,000
    Subtotal $193,251,181 $93,014,900 $100,236,281

Contingency and Management

  • Contingency and Management  Total Capital  Bond Funding Cash Funding
    Program Contingency $18,485,761  $18,485,761  -
    Program Management  $17,454,762  $17,454,762  -
    Subtotal  $35,940,523  $35,940,523  -

Total 2-Year Program (Rounded)

  •  Total Capital Bond Funding Cash Funding
     $653,000,000  $548,000,000 $105,000,000