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Fulton County Schools present capital-plan update as construction costs surge and reserves top $329 million
Summary
District leaders told the board on April 17 that construction costs have risen about 42% since the capital plan was set, and staff proposed reallocating set-asides while preserving design funds for planned projects; SPLOST reserves stand at roughly $329,018,673.
Fulton County Schools officials presented a year‑four update on Capital Plan 2027 on April 17, telling the Board of Education that rising construction costs and supply‑chain delays have prompted adjustments to project timing and set‑aside allocations.
Chief operating officer Noah Malouf said the district is reassigning some set‑aside funds and moving smaller projects between fiscal years to protect the overall plan while keeping priority work on track. He noted a roughly 42% increase in construction costs traced to commercial construction trends since the plan was developed and said the district is pursuing cost‑control measures to maintain commitments to…
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