1. Annual Override and Bond Update October 14, 2014 Ken Hicks, Business Services

2. M&O Override Expenditures FY14 FY15 Supplement Extracurricular/Athletics $2.4 M $2.4 M Support Schools$14.3 M $14.5 M – Class Size – P.E. – Nurses – Assistant Principals – Reading – Gifted

3. Annual Bond Program Update

4. Bond Program Background $93.5 million authorized in 2002 $120.5 million authorized in 2005 $180 million authorized in 2012

5. 2002 Bond Program Bond ProjectsEstimated Costs Construct three elementary schools$34,500,000 Renovate existing elementary schools$14,000,000 Renovate Peoria High School$10,000,000 Athletic fields and building improvements to two new high schools $5,000,000 Athletic fields and building improvements to existing high schools $10,000,000 Purchase pupil transportation vehicles$10,000,000 Constrict District transportation facility$7,000,000 District wide renovations for District Technology Plan$3,000,000 Total Bond Authorization$93,500,000

6. 2002 Bond Program

7. Bond Projects Current Project Budgets as of 6/30/14 Original Project Budgets on Voter Pamphlet Project Expenses Through 6/30/14 Remaining Funds Construct three elementary schools (Vistancia, Lake Pleasant & Sunset Heights) $34,466,234$34,500,000$34,466,234$0 Renovate existing elementary schools$9,727,475$14,000,000$9,727,475$0 Renovate Peoria High School$14,915,868$10,000,000$14,915,868$0 Athletic fields and building improvements to two new high schools (RSK and Liberty)$8,809,475$5,000,000$8,809,475$0 Athletic fields and building improvements to existing high schools $9,268,227$10,000,000$9,268,227$0 Purchase pupil transportation vehicles$6,116,663$10,000,000$6,116,663$0 Construct District transportation facility$7,396,000$7,000,000$7,396,000$0 District wide renovations for District Technology Plan$2,800,058$3,000,000$2,800,058$0 Total Bond Authorization$93,500,000 $0

8. 2002 Bond Program Construction – Sunset Heights

9. 2005 Bond Program Bond ProjectsEstimated Costs Construct new schools and renovate and improve instructional and operational buildings and infrastructure at existing elementary schools $45,000,000 Renovate and improve instructional and operational buildings and infrastructure at Peoria High School $29,000,000 Construct additions to instructional and operational buildings and facilities at High School #7 $8,000,000 Renovate and improve instructional and operational buildings and infrastructure at other high schools $20,500,000 Complete construction of Transportation & Support Services Facility and acquire pupil transportation vehicles $10,000,000 Provide for infrastructure related to instructional and operational technology and communications needs $8,000,000 Total Bond Authorization$120,500,000

10. 2005 Bond Program

11. Bond Projects Current Project Budgets as of 6/30/14 Original Project Budgets on Voter Pamphlet Project Expenses Through 6/30/14 Remaining Funds Construct new schools and renovate and improve instructional and operational buildings and infrastructure at existing elementary schools$49,006,898$45,000,000$49,006,898$0 Renovate and improve instructional and operational buildings and infrastructure at Peoria High School$33,412,132$29,000,000$33,412,132$0 Construct additions to instructional and operational buildings and facilities at High School #7 (Liberty)$3,309,514$8,000,000$3,309,514$0 Renovate and improve instructional and operational buildings and infrastructure at other high schools$13,175,430$20,500,000$13,175,430$0 Complete construction of Transportation & Support Services Facility and acquire pupil transportation vehicles$13,629,970$10,000,000$13,629,970$0 Provide for infrastructure related to instructional and operational technology and communications needs $7,966,056$8,000,000$7,966,056$0 Total Bond Authorization$120,500,000 $0

12. 2005 Bond Program Construction – Sunset Heights Renovation – Old Main – Centennial HVAC

13. 2012 Bond Program Bond ProjectsEstimated Costs Renovate and improve existing elementary schools (including furnishing and equipment, energy management systems, alternative energy and security systems) $67,200,000 Renovate and improve existing high schools excluding the structure otherwise known as Old Main on the Peoria High School campus (including furnishing and equipment, energy management systems, alternative energy and security systems) $47,800,000 Purchase public transportation and campus support vehicles $22,900,000 Purchase technology equipment and infrastructure to support access and connectivity as it relates to education and the classroom $40,400,000 Renovate and improve existing administrative facilities such as food services, transportation services, and maintenance facilities (including furnishing and equipment, energy management systems, alternative energy and security systems) $1,700,000 Total Bond Authorization$180,000,000

14. 2012 Bond Program

15. Bond Projects Current Project Budgets as of 6/30/14 Original Project Budgets on Voter Pamphlet Project Expenses Through 6/30/14 Remaining Funds Renovate and improve existing elementary schools (including furnishing and equipment, energy management systems, alternative energy and security systems)$67,200,000 $10,032,761$57,167,239 Renovate and improve existing high schools excluding the structure otherwise known as Old Main on the Peoria High School campus (including furnishing and equipment, energy management systems, alternative energy and security systems)$47,800,000 $8,105,019$39,366,378 Purchase public transportation and campus support vehicles$22,900,000 $4,551,428$18,348,572 Purchase technology equipment and infrastructure to support access and connectivity as it relates to education and the classroom$40,400,000 $11,293,552$29,106,448 Renovate and improve existing administrative facilities such as food services, transportation services, and maintenance facilities (including furnishing and equipment, energy management systems, alternative energy and security systems)$1,700,000 $1,578,157$121,843 Total Bond Authorization$180,000,000 $35,560,917$144,110,480

16. 2012 Bond Program Renovation/Technology (Elementary) – HVAC Upgrades: Ira Murphy, Kachina, Pioneer, Alta Loma, Sundance, Desert Valley, Sahuaro Ranch, Oasis, Sun Valley, Sky View, Apache, Canyon, Marshall Ranch, Santa Fe, Paseo Verde, Desert Harbor, Cheyenne, Frontier, and Zuni Hills – Projector Cabling Program: Ira Murphy, Kachina, Alta Loma, Desert Palms, Foothills, Oakwood, Oasis, Desert Harbor, Frontier, and Sunset Heights

17. 2012 Bond Program Renovation/Technology (Elementary) – Computer Replacement: Pioneer, Alta Loma, Foothills, Copperwood, Sundance, Desert Valley, Sun Valley, Sky View, Apache, Canyon, Marshall Ranch, Santa Fe, Paseo Verde, Desert Harbor, Cheyenne, Frontier, Country Meadows, Coyote Hills, Zuni Hills, Parkridge, Vistancia, and Sunset Heights – Fire Alarm Replacement/Upgrade: Oakwood, Oasis, Cheyenne, and Coyote Hills

18. 2012 Bond Program Renovation (Elementary) – Flooring Replacement/Upgrade: Cheyenne, Frontier, Country Meadows, and Coyote Hills – Playground Replacement/Repair: Peoria, Kachina, Pioneer, Desert Palms, Oakwood, Sahuaro Ranch, Oasis, Sun Valley, Apache, and Frontier – Roofing Renovation: Ira Murphy, Foothills, and Sahuaro Ranch

19. 2012 Bond Program Renovation/Technology (High School) – Computer Replacement Program: Peoria, Cactus, Ironwood, Centennial, Sunrise Mountain, Raymond Kellis, and Liberty – HVAC Renovations: Peoria, Cactus, Ironwood, Centennial, and Liberty – Projector Installation Program: Peoria, Cactus, and Ironwood – Athletic Training Renovation: Centennial

20. 2012 Bond Program Renovation/Technology/Vehicles (Support) – Computer Replacement Program: District Administration Center, Cholla Annex, Warehouse and Transportation Center – HVAC Renovation: District Administration Center – Student Vehicle Purchases: 5 Special Education Buses and 11 Regular Education Buses

21. Future Plans o 2012 Bond program – bond sale each year for next four years o Additional need: o Facilities o Renovations o Technology o Capacity and impact

22. Bond Tax Rates

23. Bonding Capacity

24. Questions & Comments