Long-Range Planning SUPERINTENDENT’S RECOMMENDATIONS October 23, 2018 #112LEADS
2016-2018 2018 Unofficial Data - 2018 data to be shared by state of IL 10/30/2018 www.illinoisreportcard.com 2018 54% of 3rd-8th grade students meet/exceed state standards in English language arts 2017 52% of 3rd-8th grade students meet/exceed state standards in English language arts 2016 51% of 3rd-8th grade students meet/exceed state standards in English language arts
2016-2018 2018 Unofficial Data - 2018 data to be shared by state of IL 10/30/2018 www.illinoisreportcard.com 2018 47% of 3rd-8th grade students meet/exceed state standards in mathematics 2017 44% of 3rd-8th grade students meet/exceed state standards in mathematics 2016 45% of 3rd-8th grade students meet/exceed state standards in mathematics
Funding Recommendation - Phase I ● $75,000,000 investment in both middle schools ○ $20,000,000 from accumulated Fund Balance ○ $55,000,000 from Alternate Revenue Bonds (long term debt for long term capital projects) ○ NO TAX INCREASE in Phase I ■ Completion 4 years ■ Relocate children to existing assets ● Ongoing Facilities Maintenance/Repairs ○ Spend $3,500,000/year ongoing investment in schools
Physical Condition Assessment
Learning Environment Quality Indoor Environmental Comfort Evaluation
Fund Balance: The District’s Reserves • The district’s Fund Balance (financial reserves, savings account) is the total accumulated amount of the revenues over expenditures, over time. It is also a measurement of the district’s capacity to deficit spend. • The past seven years of austerity, savings, and cuts, has led to our current financial reality of a fund balance of $49,000,000. Phase I of this plan calls for using around $20,000,000. • 5 Year Financial Projections -Issue $55,000,000 in Alt Rev Bonds, pay around $4,000,000/year for 20 years from Operations Fund 20.
5 Year Projections - Scenarios
Link to 2018 Summer Construction BOE Update
July 28 - Opening Meeting proposed configuration feedback from LRPC September 12 - Budget & Finance 101 and Community Engagement Results September 24 - Refine Configuration and Boundary Recommendations October 4 - Recommended final advice to the Superintendent
● Major renovations at Northwood Middle School at a cost not to exceed $40 Million (build out for up to 600 students) Major renovations at Edgewood Middle School at a cost not to ● exceed $35 Million (build out for up to 950 students) ● With a total combined cost not to exceed $75 Million for both Northwood and Edgewood Middle Schools. No Tax Increase as part of Phase I ● Use $20 Million from fund balance (savings account). ● Use of up to $55 Million in Alternative Revenue Bonds (paid ● for over 20 years at $4 Million a year from Fund 20 O & M) ● Option Areas & Dual Language Boundary Proposals
NORTHWOOD: Bid by end of May 2019. ○ ○ Move out Northwood Summer 2019. Start Construction September 2019. ○ ○ Relocate students at NW to Elm Place School Completion January 2021 ○ EDGEWOOD: Bid by end of Oct. 2020. ○ ○ Start additions Spring 2021. Move Out Summer 2021. ○ ○ Relocate students at EW to Elm Place School, Lincoln School and possibly some to NW school (depending on enrollment) Full renovation and upper floor additions through ○ summer 2022. Need to review overall schedule to determine if work can ○ be completed for August 2022 occupancy or winter break 2022.
Potential Impact of Current Enrollment & K-5 Possible “option Boundaries enrollment areas”
Future District 112 Needs With current financial resources, we will not immediately be able to make significant/sufficient modernization investments in remaining schools; keep the Early Childhood Center and District Admin/Board Offices at GB until sold. We still need estimated $85,000,000 in remaining facility projects with plans to close GB and potentially other schools and build a new Early Learning Center to accommodate modern learning and equitable educational opportunities for all students across the school district. Projected upgrade costs for all schools came in around $160,000,000 Over time schools still need $85,000,000 investments
Additional Notes Cost prohibitive to combine BR and RA ● Costs to upgrade BR (to include & close RA) would be $22,000,000 ● Costs to upgrade RA (to include & close BR) would be $21,000,000 Possible Sale of Assets ● Rezoning and future sale of Green Bay, assessed value $5.2M ● Consideration of future sale of Olson Park 9 acre parcel ● Consideration of sale of Lincoln School ( following Phase I ) $1.7-2.3M Possible Use of Assets ● Use of Elm Place for relocation of middle school students ● Consideration of sale, preservation, display of artwork ● Recommend lease to HP Community Nursery School (2.80 ac. Kennedy) Operation of Fewer Schools ● 10 schools in Phase I (ideally reducing post Phase II) ● Continued staffing & operational cost savings
Additional Notes There are still unanswered questions and disagreements in the community stemming from the consolidation in 1993. There are unanswered questions about funding sources for the remaining work that needs to be done (do we stretch it out over time or do we seek referendum support); and we need to come to agreement on the proper configuration, boundary issues, and the number of schools PK-5. Once phase one is complete we can gather as a community to address these unresolved issues.
Additional Notes This first phase of the Long-Range Planning process has confirmed our belief that there is a need to have serious discussions and planning for the remaining elementary schools and attendance boundary areas and their future configuration. Those discussions will be part of additional future phases of the planning process. The challenges that exist in our school district did not arrive in “one day”, nor will the solutions that continue to vex us be resolved quickly. Nonetheless, we’re thrilled to be able to proffer a plan that can take existing resources with no tax increase and make dramatic improvements to the school district.
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