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8 23% built before % built between 1946 and % built since 1985

163 schools 85% in POOR condition 50 schools unsalvageable Educational Adequacy = F $2.4 Billion Need 9

$60 Million per Year Available vs. $2.4 Billion Needed 10

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Greenville, SC $1 billion up front by leveraging existing funding streams Rebuilt all 70 of its schools in 6 years 12

Predictable 30 year funding stream 13 $ $ $ $ State Funds BCPS Funds City Funds

Financing Entity $1 Billion for School Construction Now! 14 Predictable 30 year funding stream

15 80 New or Fully Renovated Schools! $1 Billion in School Construction

80 new or renovated schools Current System A handful of new roofs, boilers, and windows 16 $1 Billion in Capital Funding

17 Buildings Get Better Total Cost Shrinks

Great Buildings for Kids NOW! Economies of Scale! Jobs, Jobs, Jobs! Low Interest Rates 18

State and City leaders embrace this new financing approach 19

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