Summary Discussion Matthew E. Beecher Assistant Superintendent for Business Services 1/30/2013

Thank you to our Presenters Anthony Palazzo – Design of School/Cost Bruce Hancock – Available State Match John Baracy and Don Field – COP Solution

Are the Classrooms Necessary? We have discussed enrollment growth at length Our campuses are crowded Additional classrooms are clearly needed

Is MTYRE a viable option? MTYRE costs the district $3.2 Million Combined debt service costs for new and refinanced COP’s is $3.2 Million Avoiding MTYRE essentially pays for the debt

Can we afford the debt service Enrollment growth expected in next 4 years Additional funding from next year’s growth alone is expected to be more than $2 Million Yes we can afford the debt service

Can we afford not to go forward? Supporting the C.O.P. will bring in more than $9 Million in State Match. Supporting the C.O.P. will save the District $7 Million in construction costs. Yes on recommendation No on recommendation