Citizens’ Oversight Committee Meeting February 22, 2018 prop K Update Citizens’ Oversight Committee Meeting February 22, 2018

Prop K Update: Agenda Program Update Financial Summary

A. Prop K Funding Update: Funding Source Amount G.O. Bonds – Series A & B $207,042,000 G.O. Bonds – Series C 74,336,598 G.O. Bonds – Series D 5,220,067 Prop K G.O. Bond 286,598,665 Interest, as of 2/1/2018 Refund – AD CURB Appeal Project Reimbursement – MHHS Gym Upgrade Project Savings By Design – SMHS Reconstruction Project 3,096,721 23,159 16,744 150,000 Prop K Program Funds 289,885,289

A. Program Update - Completed Prop K Projects First Round of Projects Projects Original Budget Costs to Date Anticipated Savings San Marcos High School Reconstruction Project * $180,547,855 $172,819,838 $7,728,017 Technology Infrastructure Upgrades Project: Phases 1-5 (District-wide) 19,000,000 14,176,950 4,823,050 Woodland Park Middle School Modifications Project * 988,800 1,210,066 (221,266) Total $200,536,655 $188,206,854 $12,329,801 * Project is 100% complete.

A. Program Update - Completed Prop K Projects Second Round of Projects – Summer 2014 Projects Original Budget Actual Costs Anticipated Savings Shade Shelter Re-use (MHHS, SME from SMHS) * $266,800 $243,930 $22,870 San Elijo MS: Shade Shelter/Hardcourts Expansion * 232,496 613,103 (380,607) Discovery ES: Shade Shelter/Walkway Repair * 251,700 536,668 (284,968) Carrillo/San Marcos ES: 2014 New Classroom Bldgs * 4,660,600 5,043,665 (383,065) Total $5,411,596 $6,437,366 ($1,025,770) * Project is 100% complete.

A. Program Update - Completed Prop K Projects Third Round of Projects – Summer 2015 Projects Original Budget Actual Costs Anticipated Savings Portables & Campus Improvements (KH, LCM, MHHS, SEMS) * 3,293,165 2,689,620 603,545 Shade Structures (SEES, TOES, SMMS, WPMS) * 734,680 982,004 (247,324) Fencing (TOHS) * 121,000 185,168 (64,168) Water Wells (SEMS) * 620,863 357,791 263,072 Visitor Restroom / Concessions (MHHS) * 1,178,640 1,294,569 (115,929) Total 5,948,348 5,509,152 439,196 * Project is 100% complete

Mission Hills High School Project Scope: New visitor restroom building: Boys and girls restrooms Ticket booth Custodial closet Concession kitchen Storage Bottle filling station Total square feet: 1,626 Budget: $1.4M Expenditures: $1.29M Budget: Project is 100% Complete

San Elijo Middle School Project Scope: Convert standard classroom to science classroom Expand seating/locker areas in boys and girls locker rooms Create new walkway Library reconfiguration for new entry to school Budget: Budget: $1.55M Expenditures: $1.54M Project is 100% Complete

A. Program Update – Planning & Design Prop K Projects Anticipated Remaining Projects * Richland Elementary: Reconfiguration Project Paloma Elementary, Knob Hill Elementary: Portable Replacements Various other sites *Note: Project scope is dependent upon additional funding from Series D, State Funding, and/or integration of Prop 39 funds.

Prop K: Series “C” & “D” Funds Allocation Funding Source Amount G.O. Bonds – Series C & D $79,557,067 Projects Abbr. Current Budget La Costa Meadows Elementary: Reconstruction Project LCM $38,500,000 San Marcos Middle: Portable Replacement Project SMMS 24,000,000 Alvin Dunn Elementary: K-8 Expansion Project AD 17,000,000 Richland Elementary: Reconfiguration Project * RL 100,000 TOTAL $79,600,000 * Planning and design only for future available funds

La Costa Meadows Project Scope: Budget: Project Status: Phase I 11 La Costa Meadows Project Scope: Two new classrooms buildings 38 classrooms Library expansion Multipurpose room expansion Administration renovation Removal of portable buildings New student drop-off and parking Lunch shelter Campus beautification Total square feet: 56,511 Budget: $38.5M Expenditures: $7.7M Budget: Project Status: Phase I 50% Complete

San Marcos Middle School Project Scope: New 24 Classroom building Boys and girls locker room Fitness lab Campus beautification Removal of 21 portable buildings Total square feet: 43,999 Budget: $24M Expenditures: $14.7M Budget: Project Status: Interim housing complete Phase 2 complete Phase 3 under construction, 50% complete

San Marcos Middle School Aerial

San Marcos Middle School Beautification

Alvin Dunn (K-8 Conversion) Project Scope: Conversion from Elementary to K-8 International Baccalaureate 14 classroom and Administration building Removal of all buildings/portables Locker facilities Administration conversion Multipurpose room/gym Kitchen expansion New parking lot Total square feet: 32,000 Budget: $17M Expenditures: $13.7M Budget: Project Status: Phase 1 75% complete Phase 2 45% complete Phase 3 in design

Alvin Dunn Site Plan DROP-OFF

Alvin Dunn Aerial

Alvin Dunn Aerial

Prop K Bond Construction 19 B. Financial Summary Accounting Update – February 1, 2018 Bond Resources $286,598,665 Prop K Bond Construction Budget Interest Earnings (as of 2/1/18) $3,096,721 Other Revenue Income $189,903 Total Resources $289,885,289 Project Project Budget Costs To Date San Marcos High School $172,819,838 Technology Infrastructure 19,000,000 14,176,950 Woodland Park Middle School 1,210,066 Summer 2014 Projects 6,458,976 Summer 2015 Projects 5,509,152 La Costa Meadows Elementary School 38,500,000 7,711,985 San Marcos Middle School 24,000,000 14,745,551 Alvin Dunn Elementary School 17,000,000 13,701,664 Richland Elementary School 100,000 34,003 Unallocated 5,287,257 Total $236,368,185

QUESTIONS? thank you! Prop k: Update Citizens’ Oversight Committee Meeting February 22, 2018