Colstrip Public Schools: Phase II – High School Renovations in order to Absorb Middle School

2014 IBES / FBMS Budget Breakdown Frank Bratton Middle School – Utility Only Budgets Heating (Propane) $70,000 Electrical $91,000 Water / Sewer$56,000 Telephone / Minor equip / Supplies$3,700 Total Middle School Utility Costs$220,700 Isabel Bills Elementary School – Utility Only Budgets Heating (Propane) $0 Electrical $11,925 Water / Sewer$2,000 Telephone / Minor equip / Supplies$1,500 Total Middle School Utility Costs$15,425 Total budget available with closure of IBES and FBMS = $236,125 Multiply over 15 years with escalation at 3% = $4,391,669 *Mothballing a facility will require a portion of these budgets to remain in place. Estimate 25% of heating costs - $20,481 annually cost avoidance of other maintenance budget $147,995 or $2,527,140 over 15 years. Additional maintenance budget and property insurance | Determine what percentage to be divided by percent of square footage of elementary district. Total budget $213,087 Total budget with percentage of other maintenance dollars = $378,894 Multiply over 15 years with escalation at 3% = $7,047,017..\ Presentation\Colstrip Expenditure Report 2014.pdf..\COLSTRIP Final report pdf

Estimated Demolition Cost Frank Bratton Middle School – Demolition Cost – Building $492,680 Demolition Cost - Footings $21,490 Dump Fees - $420,000 Other related cost – GRT, Contingency, Bond, ETC. $337,790 Total Estimated Demolition Cost$1,271,960 Isabel Bills Elementary School – Demolition Cost – Building $177,600 Demolition Cost - Footings $13,673 Dump Fees - $217,000 Other related cost – GRT, Contingency, Bond, ETC. $147,628 Total Estimated Demolition Cost$555,901 *The budget numbers listed are budget numbers based on 2014 RS Means, district could capture this as cost avoidance for future project financing. CPS Bldg demo.xlsx

Phase 2 – Middle School into High School – Refreshed Rendering