Presentation to Board of Education 1 August 2014 Facilities Capital Plan Board of Education Update August 18,

 Current Recommended Plan  Next Steps  Questions Agenda August 18, 2014 Board Update 2

Presentation to Board of Education 1 August 2014 Current Recommended Plan 3

 Incorporates Community, Steering Committee, District Staff and Board Input  Addresses Priority Condition Deficiencies o Safety & Security, including Renovation of Open Plan Schools o Adds Central Air Conditioning o Technology  Improves Program Delivery o Technology o Career & Technical Education o Early Childhood Education o Alternative Education  Plans to Address Enrollment & Capacity Needs in Future o Over-utilized Facilities o Decreases District Opt-Out Enrollment 4 2 Phased Facilities Capital Plan August 18, 2014 Board Update

 Phase I - Three Categories of Work o Fire, Life Safety, Security, Technology o Capital Improvements o Land and Planning for Increased Capacity  Phase II Focus o Construction of Planned Increased Capacity o Additional Capital Improvements 2 Phased Facilities Capital Plan 5 August 18, 2014 Board Update

Phase I-Fire, Life Safety, Security and Technology 6 August 18, 2014 Board Update

Phase I - Capital Improvements, Renovations, and Replacements 7 August 18, 2014 Board Update

Phase I - Increase Capacity 8 August 18, 2014 Board Update

Phase II Focus 9  Potential Funding Measure In 2017/2018  Two Main Categories of Work o Construction of Planned Increased Capacity Construct 2 New Elementary Schools in South Construct 1 New High School in West Construct 1 New High Schools In South Construct 1 New Middle School in South (On Current District Owned Land) o Additional Capital Improvements 2 Existing Middle Schools 9 Existing Elementary Schools All Existing High & Alternative Schools August 18, 2014 Board Update

 Phase I - Three Categories of Work - $421 Million (M) o Fire, Life Safety, Security, Technology $131M o Capital Improvements $260M o Land and Planning for Increased Capacity $30M  Phase II Focus - $377 Million (M) o Construction of Planned Increased Capacity $173M o Additional Capital Improvements $204M Current Facilities Capital Plan Costs 10 August 18, 2014 Board Update

 Information Provided by:  Omaha Public Schools’ General Finance & Administration  Ameritas Investment Corp.  Based on a $421M Plan  Approximate $60/Year Increase for $100,000 Valuation  Impact Assumes No Alternative Funding Financial Impact 11 August 18, 2014 Board Update

Presentation to Board of Education 1 August 2014 Next Steps and Questions 12

 Finalize Plan  Develop and Publish Plan Details o School Specific Scope o Cost Impact  Milestone Date o Bond Initiative Ballot Filing – 29 August 2014 Next Steps 13 August 18, 2014 Board Update

Presentation to Board of Education 1 August Questions?