Middlefork School Capital Improvement
Middlefork School�Overview of Facility Needs��
Repair/Replace Infrastructure
Add Instructional Spaces
Enhance Safety & Security Features
Improve access controls and movement barriers
Improve Accessibility
Indoors (Doorways & Bathrooms)
Outdoors (Playground)
Middlefork School Facility Needs
Systems & Infrastructure Repair/Replacement
WHAT WE HAVE
Aging Infrastructure
Operating Systems Requiring Continuous Repair
Boilers/Chillers at End of Life
Canopy in Need of Replacement
Roof at End of Life
WHAT WE NEED
New HVAC System, Roof, & Playground
Repair/Replace Aging Interior:
-Lighting, Flooring, Ceiling Tile
Repair/Replace Aging Exterior:
-Doors, Windows, Facia, Soffit, Canopy
Middlefork School Facility Needs
Instructional Space Needs
18% Increase in Enrollment Since 2010
Middlefork School Enrollment
Middlefork School Facility Needs
Instructional Space Needs
Middlefork Programming Changes Since 2010
Middlefork School Facility Needs
Instructional Space Needs
WHAT WE HAVE
17 Classrooms Spaces
5 Intervention/Small Group Instructional Spaces
Music in the
Cafeteria
Spanish on a Cart
Small Group & Intervention Services in the Vestibule
Early Intervention Services
in the Lobby
WHAT WE NEED
At least 20 Classroom Spaces
8 Intervention/Small Group Instructional Spaces
Middlefork School Facility Needs
Safety & Security�
WHAT WE HAVE
Main Entrance Security Features
Video Surveillance System
Digital & Analog Communication
WHAT WE NEED
Increased Security Features at all Points of Ingress
Interior Movement Barriers
Reinforced Interior Systems (Doors, Glass)
Secure Playground with Exterior Barrier from
Willow Park & Dog Area
Increased Interior Security Between School and
Park District
Enhanced Digital Communication Systems
Fire Suppression System (Interior Sprinkler System)
Storm Shelter
*Comparable to the New Sunset Ridge School
Middlefork School Facility Needs
Accessibility��
WHAT WE HAVE
Inaccessible Playground
Three Adult Restrooms
One Handicapped Accessible Restroom
WHAT WE NEED
Updated & Accessible Playground
Handicapped Accessible Student and Adult Restrooms Ramps to Traverse Steps
Outdated, Unsecured, and Inaccessible Playground
Limited & Inaccessible Restrooms
Option A: Addition & Renovation
ESTIMATED COST
$21M
*New Playground not included
Option B: Construction of New School
ESTIMATED COST
$35M
*New Gymnasium not included
What Each Option Provides
Identified Needs Option A: Addition & Renovation Option B: New School
Replace End of Life Systems Replace HVAC & Roof Replace HVAC, Roof, & Playground
Add Classroom Space 18 Renovated/2 Additional Classrooms 22 New Classroom Spaces
Add Small Group Space 8 Renovated Spaces 10 New Small Group Spaces
Enhance Safety & Security AddsSome Safety/Security Features Maximize Safety & Security Throughout
Replace Exterior Finishes Repair Soffits & Remove Canopy New Canopy, Ext. Doors, Windows, Facia
Replace Interior Finishes Update Lighting, Ceiling Tile, Paint All New Interior Finishes
Add Accessible Restrooms Add One (1) Accessible Restroom Ensure all Restrooms are Accessible
Air Condition Gymnasium Not Addressed Ensure Air Conditioning in All Areas
Enhance Energy Efficiency HVAC System Only Maximize Energy Efficient of All Systems
Updated Technology Update Infrastructure Update Infrastructure
Add Storage Space Not Addressed Ensures Adequate Storage
New Furnishings New Classroom Furniture New Classroom Furniture
Storage Space Not Addressed Ensures Adequate Storage
Estimated Cost $21M (Based on Scope) $35M (Based on Scope)
POTENTIAL FINANCIAL SOURCES
DEBT SERVICE
Tax Levy Available without a Referendum
FUND BALANCE
Withdrawal from District Savings Account
REFINANCE EXISTING DEBT
Refinance current “Mortgage” on Sunset Ridge School
REFERENDUM
Increase in Tax Levy Approved by Majority of Voters
What Resources are Available?
The Debt Service Levy
Option:
Maximize Debt Service Levy to capture
up to $4.7M.
Benefit:
-Able to capture funds without a referendum.
Challenge:
-Once maximized, there is no future capacity for funding of construction/repair needs.
Education
Fund
Operations
Fund
Debt Service
TOTAL
TAX
LEVY
THE TAX LEVY BUCKETS
What Resources are Available?
The Fund Balance
Option:
Fund Balance withdrawal to capture
up to $10M.
Benefit:
-Can capture funds without a referendum.
Challenges:
-Limits available funds for program growth or unexpected expenses.
-Reduces Total D29 Fund Balance to
approx. 30% for one year, then at 50% through 2030.
“FUND BALANCE”
THE DISTRICT SAVINGS ACCOUNT
What Resources are Available?
Refinancing Existing “Mortgage”
Option:
Refinance Existing Capital Lease Certificates (“Mortgage”) to capture up to $9.3M.
Benefit:
-Can capture funds without a referendum.
Challenges:
-Increases term of existing “mortgage” from 2036 to 2046.
-Increases annual mortgage payment from $1.3M to $1.5M.
-Limits Available “Operating” Funds.
-Results in Projected Deficit Spending in 2030
THE DISTRICT 29 “MORTGAGE”
What Resources are Available to Fund
Capital Improvements?
If the District Leverages All of its Possible Resources to the Maximum Extent
DEBT SERVICE LEVY……………………………………………………….$4.7M
FUND BALANCE WITHDRAWAL………………………………………….$10.0M
REFINANCING EXISTING CAPITAL LEASE CERTIFICATES………………….$9.3M*
MAXIMUM FUNDS AVAILABLE…………………………………………..$24.0M
STAKEHOLDER FEEDBACK
OPTION A:
ADDITION & RENOVATION
DEBT SERVICE LEVY…...$4M
FUND BALANCE……...$10M
REFINANCE……………$7M
TOTAL COST = $21M
OPTION B:
PARTIAL NEW SCHOOL
FUND BALANCE……...$10M
REFERENDUM………..$25M
TOTAL COST = $35M
REFERENDUM IMPACT ON ANNUAL TAX BILL
$25M REFERENDUM
HOME VALUE $500,000
EST. IMPACT $450.83
HOME VALUE $750,000
EST. IMPACT $692.26
HOME VALUE $1,000,000
EST. IMPACT $933.69