< Previous | Contents | Next >
Capital Appropriations
The Capital Project appropriations are for the major renovations of Hudson High School and Gulf High School and the construction of Kirkland Ranch Academy of Innovation and a 6-12 Academy in the Land O’ Lakes area. Major projects such as cafeteria renovations, replacement of HVAC systems, and infrastructure upgrades at various schools. Appropriations for capital debt service are to repay principal and interest payments for outstanding Certificates of Participation and Sales Tax Debt issues. Other uses of capital funds include improvements to existing facilities, capital equipment, technology, site acquisition, replacement of buses, vehicles, and portables.
Projected major appropriations and reserves are listed below:
Capital Projects | Amount |
New Schools | $ 98,873,865 |
Debt Service Payments | 49,829,363 |
Major Remodel/Re-Development | 16,284,958 |
Capital Maintenance Projects | 23,327,393 |
Sales Tax Debt Service Payments | 21,339,971 |
Equipment and Software | 15,698,979 |
Buses and Motor Vehicles | 5,560,000 |
Land | 1,556,000 |
Total | $ 232,470,529 |