combined
Facilities Planning Update Akron City Council Akron Board of Education| September 19, 2016 1
Meetings Summary Joint Akron City Council/Akron Board of Education Meeting – June 20, 2016 Community Meetings (Kenmore, North, and Garfield) July, 19, 20, and 21, 2016 Akron Council of PTAs Meeting at Hyre CLC July, 22, 2016
2
Project Status Buildings Completed: Under Construction:
30 1
Harris-Jackson CLC
In Design:
2
Ellet and Case
Remaining:
8
Garfield, Kenmore, Miller-South, Bettes, Firestone Park, Pfeiffer, North, & Kent
Total: Original Scope:
41 58 Buildings 3
45,000
$20,000
42,197 39,817
40,000
37,415
$18,000 35,939
35,000
$16,000 32,226
31,722
31,787
31,422
30,000 26,013 25,000
24,966
23,935
30,442
$12,000 23,289
22,754
22,403
22,097
21,112
20,772
20,000
$10,000 $8,000
15,000
$6,000
10,000
$4,000
5,000
$2,000
-
$2007
Crosby 05 Jackson 05 Margaret Park 05 Hotchkiss 06
$14,000
2008
2009
Student Capacity
Heminger
Erie Island Lincoln Goodrich Riedinger Stewart
2010
2011
2012
Student Enrollment Goodyear
Barrett Essex Rankin
2013
2014 Per Pupil Cost Perkins
2015 Lawndale 16 Smith 16
4
UPDATED OFCC Enrollment Summary K-5
6 to 8
9 to 12
CT
Total
2016 OFCC Project Enrollment Update
9,894
3,940
4,725
1,005
19,564
Segments 1-5 Design Enrollments
10,031
4,097
3,439
631
18,198
-137
-157
1,286
374
1,366
374
1,417
Remaining OFCC Funded Students with 2020-21 Build Out OFCC Adjustment (SF offset for K-8 overbuild)
Number of Funded Students Remaining
2020-2021 Build-out Year
-243
0
0
1,043
What does this mean? •
• • •
The State of Ohio will partner with the Akron Public Schools/City of Akron to build another CLC for 1,417 high school students. We have to decide where that project will be built. There are three high schools that have yet to be re-built; Kenmore, Garfield, and North. From our last meeting, $4 million has been reduced because of projected enrollment losses.
6
Proposed Options
7
8
Option 1 Summary •
•
•
Kenmore and Buchtel could be combined as a 9-12 HS, with Innes serving as a combined 6-8 MS. Garfield and East are combined in a new school at the Garfield site. East becomes a middle school (6-8) for Jennings, Kent, and East (7-8). CT programming at East and Garfield. North Bio-Medical Academy moves into Jennings (no sports, high-bay CTE).
9
10
Option 2 Summary • •
• • •
Buchtel combined with Firestone as a 9-12 CLC. Buchtel CLC converted into a 6-8 building serving Litchfield, Innes and Buchtel’s 6, 7, & 8 grades. Some Career Tech @ Buchtel remains. Innes becomes the new Kenmore CLC (no sports, no CTE) East, Garfield, North, Kent, and Jennings, same as in Option 1 Ellet, same as in Option 1
11
12
Option 3 Summary • • • • • • •
Buchtel, Firestone, and Kenmore, same as in Option 2. Litchfield, Innes and Buchtel’s 6, 7, & 8 grades, same as in Option 2. Kenmore CLC (no sports, no CTE) same as in Option 2. Garfield HS is rebuilt for 1,417 students absorbing part of East CLC 9-12 students. Kent MS not rebuilt. North and East combined. Ellet, same as in Option 1 13
14
Option 4 Summary •
Combination of Options 1 and 3.
15
16
Option 5 Summary • • • •
Leave Buchtel, Firestone and Ellet as is. East and North same as in Option 4. Garfield and Kenmore are combined at the Garfield site with new name and mascot. Innes and Kent merge to become a 6-8 CLC for the combined Garfield/Kenmore Cluster, with new name and mascot.
17
OPTION 6 6
18
Option 6 Summary • • • •
Garfield/Kenmore combined into new CLC at the Garfield site. Kent/Innes combined at Innes. Bettes is closed and combined with Harris CLC. Buchtel, Firestone, North, East and Ellet remain pending any enrollment changes.
19
Cycle of an Operating Levy – Where we are now Revenues
Expenses
390,000,000 Expenses Outpace Revenue
370,000,000 350,000,000 Building Cash Reserves
330,000,000 310,000,000 290,000,000 270,000,000 250,000,000
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Current Financial Forecast Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
39,584,293
25,559,699
5,217,059
46,728,946
39,584,293
25,559,699
5,217,059
(25,146,966)
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 (334,940,791) (347,127,549) (360,055,534) (373,111,650) (386,786,401) (7,144,654) (14,024,594) (20,342,640) (30,364,025) (1,178,147)
Financial Forecast – Option 6 Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
• • • •
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
43,260,285
33,039,571
16,633,146
46,728,946
43,260,285
33,039,571
16,633,146
(9,657,722)
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 (334,940,791) (343,451,557) (356,251,654) (369,175,434) (382,713,245) (1,178,147) (3,468,662) (10,220,714) (16,406,424) (26,290,869)
Garfield/Kenmore combined into new CLC at the Garfield site. Kent/Innes combined at Innes. Bettes is closed and combined with Harris CLC. Projected savings: $3.1 million per year.
Financial Forecast – post Option 6 Levy to support keeping remaining footprint Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
43,260,285
33,039,571
25,046,838
46,728,946
43,260,285
33,039,571
25,046,838
15,634,242
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 8,413,692 16,878,272 (334,940,791) (343,451,557) (356,251,654) (369,175,434) (382,713,245) (1,178,147) (3,468,662) (10,220,714) (7,992,732) (9,412,596)
To support general fund operations: • 7.9 mil operating levy • Generates $16.8 million per year
Future Considerations: •
North remains open at current site: Move into Jennings CLC which becomes the new North CLC − Transportation issues and distance − Jennings moves to East CLC −
•
Miller-South remains open at current site: Find another location for Miller-South − Move to Litchfield as a program for 6-8 grades − Add VPA programming to Case CLC (K-5) −
•
Firestone Park and Pfeiffer remain open; evaluate for renovation or closure. 24
Future Considerations: •
All other building needs (athletic, admin, and support facilities) Consolidate central office at 400 West Market or Kenmore − Upgrade athletic facilities −
25
Finance Considerations: •
To support remaining building needs (North, Miller-South, Pfeiffer, Firestone Park, Athletic, & Support): − − − − − − −
$120 million bond issue/levy 3 mils Raises $6.3 million per year Average cost $60/year 37 year payback period Non-OFCC projects Scope based on stable enrollment.
26
Finance Considerations, cont.: •
To support general fund operations: 7.9 mil operating levy − Generates $16.8 million per year − Average cost $172/year −
•
To support continuing permanent improvements (Maintaining all remaining buildings): 2.0 mil PI levy − Generates $4.2 million per year − Average cost $43/year −
•
Total of 12.9 mils −
Cost to homeowner $275/year ($62k home) 27
Next Steps • • •
City decision to sell the last segment of bonds. Early October, Akron School Board decision on where to build the final project with the OFCC. October 27th, OFCC Meeting to approve the final project agreement.
28
Questions and Discussion
29
Meetings Summary Joint Akron City Council/Akron Board of Education Meeting – June 20, 2016 Community Meetings (Kenmore, North, and Garfield) July, 19, 20, and 21, 2016 Akron Council of PTAs Meeting at Hyre CLC July, 22, 2016
2
Project Status Buildings Completed: Under Construction:
30 1
Harris-Jackson CLC
In Design:
2
Ellet and Case
Remaining:
8
Garfield, Kenmore, Miller-South, Bettes, Firestone Park, Pfeiffer, North, & Kent
Total: Original Scope:
41 58 Buildings 3
45,000
$20,000
42,197 39,817
40,000
37,415
$18,000 35,939
35,000
$16,000 32,226
31,722
31,787
31,422
30,000 26,013 25,000
24,966
23,935
30,442
$12,000 23,289
22,754
22,403
22,097
21,112
20,772
20,000
$10,000 $8,000
15,000
$6,000
10,000
$4,000
5,000
$2,000
-
$2007
Crosby 05 Jackson 05 Margaret Park 05 Hotchkiss 06
$14,000
2008
2009
Student Capacity
Heminger
Erie Island Lincoln Goodrich Riedinger Stewart
2010
2011
2012
Student Enrollment Goodyear
Barrett Essex Rankin
2013
2014 Per Pupil Cost Perkins
2015 Lawndale 16 Smith 16
4
UPDATED OFCC Enrollment Summary K-5
6 to 8
9 to 12
CT
Total
2016 OFCC Project Enrollment Update
9,894
3,940
4,725
1,005
19,564
Segments 1-5 Design Enrollments
10,031
4,097
3,439
631
18,198
-137
-157
1,286
374
1,366
374
1,417
Remaining OFCC Funded Students with 2020-21 Build Out OFCC Adjustment (SF offset for K-8 overbuild)
Number of Funded Students Remaining
2020-2021 Build-out Year
-243
0
0
1,043
What does this mean? •
• • •
The State of Ohio will partner with the Akron Public Schools/City of Akron to build another CLC for 1,417 high school students. We have to decide where that project will be built. There are three high schools that have yet to be re-built; Kenmore, Garfield, and North. From our last meeting, $4 million has been reduced because of projected enrollment losses.
6
Proposed Options
7
8
Option 1 Summary •
•
•
Kenmore and Buchtel could be combined as a 9-12 HS, with Innes serving as a combined 6-8 MS. Garfield and East are combined in a new school at the Garfield site. East becomes a middle school (6-8) for Jennings, Kent, and East (7-8). CT programming at East and Garfield. North Bio-Medical Academy moves into Jennings (no sports, high-bay CTE).
9
10
Option 2 Summary • •
• • •
Buchtel combined with Firestone as a 9-12 CLC. Buchtel CLC converted into a 6-8 building serving Litchfield, Innes and Buchtel’s 6, 7, & 8 grades. Some Career Tech @ Buchtel remains. Innes becomes the new Kenmore CLC (no sports, no CTE) East, Garfield, North, Kent, and Jennings, same as in Option 1 Ellet, same as in Option 1
11
12
Option 3 Summary • • • • • • •
Buchtel, Firestone, and Kenmore, same as in Option 2. Litchfield, Innes and Buchtel’s 6, 7, & 8 grades, same as in Option 2. Kenmore CLC (no sports, no CTE) same as in Option 2. Garfield HS is rebuilt for 1,417 students absorbing part of East CLC 9-12 students. Kent MS not rebuilt. North and East combined. Ellet, same as in Option 1 13
14
Option 4 Summary •
Combination of Options 1 and 3.
15
16
Option 5 Summary • • • •
Leave Buchtel, Firestone and Ellet as is. East and North same as in Option 4. Garfield and Kenmore are combined at the Garfield site with new name and mascot. Innes and Kent merge to become a 6-8 CLC for the combined Garfield/Kenmore Cluster, with new name and mascot.
17
OPTION 6 6
18
Option 6 Summary • • • •
Garfield/Kenmore combined into new CLC at the Garfield site. Kent/Innes combined at Innes. Bettes is closed and combined with Harris CLC. Buchtel, Firestone, North, East and Ellet remain pending any enrollment changes.
19
Cycle of an Operating Levy – Where we are now Revenues
Expenses
390,000,000 Expenses Outpace Revenue
370,000,000 350,000,000 Building Cash Reserves
330,000,000 310,000,000 290,000,000 270,000,000 250,000,000
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Current Financial Forecast Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
39,584,293
25,559,699
5,217,059
46,728,946
39,584,293
25,559,699
5,217,059
(25,146,966)
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 (334,940,791) (347,127,549) (360,055,534) (373,111,650) (386,786,401) (7,144,654) (14,024,594) (20,342,640) (30,364,025) (1,178,147)
Financial Forecast – Option 6 Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
• • • •
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
43,260,285
33,039,571
16,633,146
46,728,946
43,260,285
33,039,571
16,633,146
(9,657,722)
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 (334,940,791) (343,451,557) (356,251,654) (369,175,434) (382,713,245) (1,178,147) (3,468,662) (10,220,714) (16,406,424) (26,290,869)
Garfield/Kenmore combined into new CLC at the Garfield site. Kent/Innes combined at Innes. Bettes is closed and combined with Harris CLC. Projected savings: $3.1 million per year.
Financial Forecast – post Option 6 Levy to support keeping remaining footprint Fiscal Year 2017 Beginning Balance
+ Revenue + Proposed Renew/Replacement Levies + Proposed New Levies - Expenditures = Revenue Surplus or Deficit
Ending Balance
Fiscal Year 2018
Fiscal Year 2019
Fiscal Year 2020
Fiscal Year 2021
47,907,093
46,728,946
43,260,285
33,039,571
25,046,838
46,728,946
43,260,285
33,039,571
25,046,838
15,634,242
333,762,644 339,982,895 346,030,940 352,769,010 356,422,377 8,413,692 16,878,272 (334,940,791) (343,451,557) (356,251,654) (369,175,434) (382,713,245) (1,178,147) (3,468,662) (10,220,714) (7,992,732) (9,412,596)
To support general fund operations: • 7.9 mil operating levy • Generates $16.8 million per year
Future Considerations: •
North remains open at current site: Move into Jennings CLC which becomes the new North CLC − Transportation issues and distance − Jennings moves to East CLC −
•
Miller-South remains open at current site: Find another location for Miller-South − Move to Litchfield as a program for 6-8 grades − Add VPA programming to Case CLC (K-5) −
•
Firestone Park and Pfeiffer remain open; evaluate for renovation or closure. 24
Future Considerations: •
All other building needs (athletic, admin, and support facilities) Consolidate central office at 400 West Market or Kenmore − Upgrade athletic facilities −
25
Finance Considerations: •
To support remaining building needs (North, Miller-South, Pfeiffer, Firestone Park, Athletic, & Support): − − − − − − −
$120 million bond issue/levy 3 mils Raises $6.3 million per year Average cost $60/year 37 year payback period Non-OFCC projects Scope based on stable enrollment.
26
Finance Considerations, cont.: •
To support general fund operations: 7.9 mil operating levy − Generates $16.8 million per year − Average cost $172/year −
•
To support continuing permanent improvements (Maintaining all remaining buildings): 2.0 mil PI levy − Generates $4.2 million per year − Average cost $43/year −
•
Total of 12.9 mils −
Cost to homeowner $275/year ($62k home) 27
Next Steps • • •
City decision to sell the last segment of bonds. Early October, Akron School Board decision on where to build the final project with the OFCC. October 27th, OFCC Meeting to approve the final project agreement.
28
Questions and Discussion
29
