Adams 12 reports deferred maintenance at about $190 million, warns new software will raise reported totals

Margie Ammon, director of facilities design for Adams 12 Five Star Schools, told the school board on Feb. 26 that the district's deferred maintenance totaled about $190 million, or roughly 14.34% of the district's estimated $1.3 billion facilities replacement value, exceeding the 10% limit in board policy 2.5.2.

The report was part of the superintendent's quarterly monitoring materials and included a broader review of the district's financial statements, cash liquidity and fund balances. Ammon said the district's deferred-maintenance total rose by about $20 million in the reported fiscal year, driven mainly by construction-cost escalation, more expensive replacement equipment and the addition of asset types now captured by new software.

Why it matters: Board policy 2.5.2 caps projected deferred maintenance at no more than 10% of total replacement value. Ammon said the district is currently above that threshold but expects the new 2024 bond program'about $248 million dedicated to renewal and replacement'to reduce the gap over the life of the bond. She…