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

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

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

4. 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

5. 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

6. 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