Facilities Funding Local Funds Property Taxes Millage rate set by BOE used for annual M & O SPLOST Voter approved sales tax Bond Voter approved tax increase State Funds Capital Entitlement based on Local Facilities Plan Decreased from $12 million to $5 million annually due to elimination of Exceptional Growth funding

Purpose Why are we doing it? #1: Component of Strategic Plan Addresses instruction, facilities and financing #2: State Requirement Each local board of education shall develop and submit to the State Board of Education for approval once every five years a facilities plan that identifies the system's facility needs for the ensuing five years. Why is it important? If it isn’t in the Facilities Plan, we don’t earn state entitlement for it (typically 50% of funding is from the state). Note: Not all needs in the plan will be funded. FCS does not have a current local funding source for capital improvements (painting, flooring, etc). The current SPLOST funds are making payments on Bonds used for prior capital improvements.

Purpose What will it provide us? Inventory of all existing schools Historical and projected FTE data Present and projected system organizational pattern Minimum and maximum FTE limits (ES, MS and HS school sizes) Current sizes up for discussion by BOE: 1500 ES, 1200 MS and 2100 HS Instructional services, safety needs and support programs for each school Facility needs, including estimated costs for: Renovations or Modifications (Life Cycle) Additions New Schools System-wide list of construction projects Proposed plan for state and local financing