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District presents five-year capital plan, flags Wellness Way growth and project schedule
Summary
Facilities director Kelly Randall presented the district’s five-year capital plan, describing how ad valorem funding, impact fees, proportionate-share mitigation and county sales tax combine to fund a roughly $960 million program and reviewing near-term projects and risks.
Kelly Randall, director of facilities, gave the board an annual update on the district's five-year capital plan, outlining revenue sources, debt, upcoming projects and programmatic pressures.
"Just a reminder, the, by the interlocal agreement, it is usually adopted by September 15," Randall said, noting the district circulates a draft to local governments in mid-August. She detailed three principal revenue sources: ad valorem (local capital outlay), impact fees (dedicated to new capacity) and the county 1¢ infrastructure sales tax (the district receives one-third), and she flagged that transfers to charter schools and to general fund allocations place upward pressure on capital revenues.
Randall reported roughly $7,000,000 in proportionate-share mitigation collected toward South County high school capacity and an earlier $1,800,000 collected and applied to Beverly Shores and Villages Elementary projects. She said the plan includes roughly $960,000,000 in total program funding, with approximately $183,000,000 carried forward this year under a pay-as-you-go schedule.
On project specifics, Randall said the Eustace High School addition is in design and that the athletic scope had expanded to add parking in the old softball field, a relocated practice field, a field house and public restrooms — an increase of about $9,000,000 to equalize athletic facilities across district high schools. She also listed sales-tax-funded projects (Claremont projects, Fruitland Park, Beverly Shores, Oak Park/Leesburg/Treadway/ Cypress Ridge and Umatilla) and noted ongoing district priorities such as portable replacements, HVAC/chiller life-cycle funding, radio/intercom upgrades and an ancillary facilities study.
Randall discussed debt: the district's outstanding COPs and SBE bonds and expected payoff dates in 2030–2031, and she said cash-flow and long lead times for certain equipment (windows, glass) remain risks. Board members and staff discussed using county or developer land for a future Wellness Way high school and indicated staff would pursue potential intergovernmental discussions.
Next steps: staff will continue design work on funded projects and return with finer-grained cash-flow and scheduling details; the board asked for more detail on proportionate-share accounting and review of site-acquisition options for Wellness Way.
