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Gordian presents facilities condition assessment: district portfolio FCI about 25%; five‑year needs estimated at $245 million
Summary
A Gordian reassessment of 24 schools reported a portfolio Facility Condition Index (FCI) of about 25%, current replacement value near $966 million and five‑year needs around $245 million; consultants outlined funding scenarios and how FCI informs CIP prioritization.
The board received updated facilities condition assessment (FCA) findings from Gordian, the district’s third‑party assessor, showing portfolio‑level capital needs and funding scenarios used to prioritize the capital improvement plan.
Gordian said it reassessed 24 buildings (approximately 2.3 million gross square feet) and calculated a current replacement value (CRV) of about $966 million and five‑year needs totaling roughly $245 million, producing a portfolio FCI of about 25%.
Gordian explained the FCI methodology: five‑year needs (deferred or due within five…
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