1. Summer 2019 Construction Projects
Board Committee Meeting
October 30, 2018
17:30

2. Agenda Debt Review District Financial Update
Ms. Lauren Stadel & Mr. Ken Phillips (RBC)
Mr. Brad Remig (PFM)
District Financial Update
Dr. Richard Fry
Mr. Richard Kerr
District Strategic Plan / Profile of a Graduate / Glows
Dr. Kevin Roberts
2019 Project Review / Prioritization
Mr. Chris Barnett (CRA)
Questions / Thoughts / Concerns

3. Debt Review Ms. Lauren Stadel & Mr. Ken Phillips (RBC)
Mr. Brad Remig (PFM)

4. Big Spring School District
Debt Review
October 30, 2018
Ken Phillips
Managing Director
RBC Capital Markets
2101 Oregon Pike
Lancaster, PA 17601
Tel: (717)
Lauren Stadel
Director
RBC Capital Markets
2101 Oregon Pike
Lancaster, PA 17601
Tel: (717)
Brad Remig
Managing Director
Public Financial Management
One Keystone Plaza, Suite 300
Harrisburg, PA 17101
Tel: (717)

5. Gross Debt

6. Net Debt

7. U.S. 10-Year Treasury in 2018

8. 2017 Maximum Parameters Resolution for Capital Projects - $18,000,000

9. Hypothetical Issuance – Using entire remaining balance of 2017 parameters

10. Hypothetical Issuance – Using entire remaining balance of 2017 parameters

11. District Financial Update
Dr. Richard Fry
Mr. Richard Kerr
Construction / Debt $ Comparisons
South Central Trust Funds
General Fund
Capital Projects Reserve Fund
Master Project List (for future projects)
Status of 2017 & 2018 Construction Bonds

12. Construction/Debt $ Comparison -- Total $ spent in 5000 accounts
Like Districts
Construction/Debt $ Comparison -- Total $ spent in 5000 accounts
Local Districts

14. South Central Trust Big Spring SD

15. Local Audit Worksheet South Central Trust

16. General Fund

18. Capital Projects Reserve Fund

19. Master Project List

20. Items Deleted from 2019 Construction

21. Estimated Remaining 2018 Project Payables

22. Project (Bond) Funds

23. District Strategic Plan Profile of a Graduate Glows
Dr. Richard Fry
Dr. Kevin Roberts

24. System Alignment Direction = Compliance Accountability = Engagement
Direction = Engagement
Accountability = Student Benefit & Community Based
Accountability = Test Based
Accountability = Test-based
Aligning Accountability Programs with the Directional System

25. Attributes of a Big Spring Graduate
Within our Strategic Plan, we have had Attributes of a Big Spring Graduate. As written in the strategic plan, these attributes not only represent core beliefs, but what we believe our students need to be successful in a global economy.

26. Do these Attributes accurately reflect what it is that we want to develop and that we are delivering?
DIC – Our charge was to analyze with our community whether those attributes “accurately reflected what we wanted to deliver from our BSSD program or experiences”

29. Attributes of a Big Spring Graduate
Each of these areas not only represent a summary of many thoughts, but also direct thoughts from our participants.

31. Looked at dominant themes in the survey and used those to analyze our current attributes

32. From this work and over the course of a couple District Improvement Committee Meetings, we were able to arrive at six Profile of a Graduate areas. We refer to these as the Six C’s

33. Newville
Building
Goals
Mount Rock
Building
Goals
Oak Flat
Building
Goals
BSMS
Building
Goals
BSHS
Building
Goals

34. SAT Data

35. SAT Data – Cont.

36. ACT Scores STATE ENGLISH MATHEMATICS READING SCIENCE COMPOSITE 2018
23.3
23.2
24.0
23.1
23.5

37. BSSD
Ranked 448
2005
2018
BSSD
Ranked 272

38. 2019 Niche Best Schools Rankings

39. STEM – Background

40. Leveraging Our Buildings As Resources

46. 2019 Project Review Dr. Richard Fry Mr. Richard Kerr Oak Flat Mt Rock
Middle School
High School
Summary
5-year Projection

47. Oak Flat Elementary STRATEGIC PLAN CONNECTIONS Healthy / Safe Schools
Door hardware, rekeying, and replacing exterior doors
Server backup
Lockdown system
Cameras / Bells / Intercom
Learning – 6C’s
Renovation of Music Room Into LGI
Creates equity among the three elementary buildings
Swapping the two rooms provides for approximately 300 more square feet of space for multiple classes to use the same space at the same time

48. Mt Rock Elementary Healthy / Safe Schools
Communications to fitness center, stalls in locker room bathrooms, bell/intercom, cameras, PA system
Learning / 6C’s
Level LGI to convert to library
Renovate existing library to LGI with purposeful spaces
Modify layout of instructional coaches space to include space for intervention specialists

49. Middle School

50. High School

51. 2019 Project Summary

52. Conclusion Remaining bond = $648,893
The District has sufficient reserves to cover 2019 construction without additional borrowing
Remaining bond =
$648,893

53. 5-Yr Budget Projection Previous 5-year projection with 2019 bond
Previous 5-year projection – no bond

54. Questions?