SCHOOL_SQ_FT_R8-17-10HIGH SCHOOL

HIGH SCHOOL SQUARE FOOTAGE COMPARISON

YEARSTUDENTBUILT ORDESIGNBUILDINGSQUARE FEETSCHOOLRENOVATEDCAPACITYSQUARE FEETPER STUDENT---------------------------------------------------- -------------------- -------------------- --------------------- ------------------------NEW HIGH SCHOOL CONSTRUCTION - MAINEHAMPDEN ACADEMY2012800173,960 217 (A)MOUNT VIEW20091100194,210 177 (B)CONY HIGH SCHOOL2006950184,000 194 ( C)NOBLE HIGH SCHOOL20011500250,000 167 (1)FALMOUTH HIGH SCHOOL2001800141,800 177 (1)CAMDEN HILLS REGIONAL2000800149,369 187 (1)

AVERAGE186

=============HIGH SCHOOL ADDITION & RENOVATIONWINDHAM HIGH SCHOOL20031100/1150220,000 191 (1) (2)

BASED ON THE ACTUAL SQ FT PER STUDENT ABOVE THE MAXIMUM REASONABLE AMOUNT FOR SP SHOULD BENO MORE THAN 210 SQ FT PER STUDENT.PROPOSED SOUTH PORTLAND HIGH SCHOOL RENOVATION

SQ FEET PER% OFSTUDENTSTOTAL SQ FTSTUDENTEXPECTEDBASED ON PROJECTED STUDENTS2013-14875307,192 351 167%BASED ON PROJECTED STUDENTS2014-15918307,192 335 159%BASED ON PROJECTED STUDENTS2015-16937307,192 328 156%BASED ON PROJECTED STUDENTS2016-17969307,192 317 151%BASED ON PROJECTED STUDENTS2017-181022307,192 301 143%BASED ON PROJECTED STUDENTS2018-191015307,192 303 144%SPHS PROJECT BASED ON STATE STANDARDSBASED ON 1000 STUDENTS2009-20121000210,000 210BASED ON 1050 STUDENTS2009-20121025215,250 210

CALCULATION OF EXCESS SQUARE FEET OF SPACE IN PRPOSED SPHS RENOVATION PLAN

TOTAL SQ FT PROPOSED307,192MAXIMUN SQ FT NEEDED BASED ON ABOVE215,250------------------------EXCESS SQ FT OF SPACE 91,942

ROUNDED EXCESS BUILDING SPACE90,000 SQ FT============

(A), (B), (C ) - SEE ATTACHED.(1) - THE BUILDING SQUARE FOOTAGE AND SQUARE FOOTAGE PER STUDENT ARE FROM THE "SCHOOLCONSTRUCTION PROJECTS - COST ANALYSIS: HIGH SCHOOLS" ON THE MAINE DEPARTMENT OF EDUCATION WEBSITEwww.maine.gov/education/const/mc010.xls(2) - THE COST ANALYSIS SUMMARY LISTED THE CAPICITY AS 1100/1150 BUT USED 1100 TO GET TO 200 PER STUDENT.THE ACTUAL CAPACITY WAS CONFIRMED TO BE 1150, ACCORDINGLY THE PER STUDENT SQ FT SHOULD BE 191.

SCHOOL_SQ_FT_R8-17-10HS RENOVATION COST

ESTIMATE TO RENOVATE SOUTH PORTLAND HIGH SCHOOL

BASED ON THE HARRIMAN ASSOCAITES PROPOSAL TO BUILD / RENOVATE THE SP HIGH SCHOOLTOTAL REGULAR CLASSROOM SQUARE FEET FOR 1100 STUDENTS49,300 (1)REDUCTION TO GET DOWN TO 1025 STUDENTS(4,450) (2)-----------------------TOTAL CLASSROOM SQUARE FEET FOR 1050 STUDENTS44,850GROSS-UP OF CLASROOM SPACE FOR HALLS, STAIRS, BATHROOM ETC. X 1.5-----------------------GROSS SQUARE FEET OF CLASSROOM BUILDING67,275COST PER SQUARE FOOT INCLUDING GROSS UP FOR ALL FEES190-----------------------TOTAL COST FOR CLASSROOM BUILDING12,782,250TOTAL COST FOR NEW GYM OR RENOVATION5,000,000TOTAL COST FOR ALL OTHER SAFETY, ISSUES AND RENOVATIONS12,500,000-----------------------TOTAL COST FOR RENOVATION OF SP HS BASED ON 1025 STUDENTS30,282,250BOND ISSUE ALREADY APPROVED IN 2009(2,379,000)SCHOOL RESERVES & SURPLUS AVAILABLE(3,000,000)-----------------------NET NEW BOND ISUE NEEDED24,903,250ROUNDED AMOUNT25,000,000============

ALTERNATIVE CALCULATION OF THE PROPER AMOUNT OF THE COST TO RENOVATE THE HS

TOTAL COST OF PROJECT AS PROPOSED BY SCHOOL BOARD47,260,000 307,192 SQ FTELIMINATE EXCESS SQUARE FEET AT $190 A SQ FT(17,100,000)- 90,000 SQ FT-----------------------CORRECTED TOTAL COST30,160,000BOND ISSUE ALREADY APPROVED IN 2009(2,379,000)SCHOOL RESERVES & SURPLUS AVAILABLE(3,000,000)-----------------------NET NEW BOND ISUE NEEDED24,781,000ROUNDED AMOUNT25,000,000============(1) - TOTAL SQUARE FEET PER HARRIMAN REPORT.(2) - ELIMINATES THE FIVE ADDITIONAL CLASS ROOMS PROPOSED OVER CURRENT CLASSROOMS.A CUT FROM 10 CLASSES TO 9 CREATES LESS THAN THE STATE STANDARD OF 85% - 90% UTILIZATION.CLASS ROOMS9AVERAGE STUDENTS PER CLASS20PERIODS PER DAY7MAXIMUM STUDENTS PER DAY1260NUMBER OF STUDENTS 1025UTILIZATION81.3%

SCHOOL_SQ_FT_R8-17-10TAX RATES

COMPARISON OF SOUTH PORTLAND PROPERTY TAX RATES BEFORE AND AFTER HIGH SCHOOL COSTS

(1)2010-11TAXES ONTAXES IN TAXES ONTAXES INPROPERTYHOME VALUEDEXCESS OFBUSINESS VALUEDEXCESS OFTAX RATEAT $250,000%SCARBOROUGHAT $10 MILLIONSCARBOROUGH------------------------------------------- ---------------- -------------------------------------------------------- ---------------------------SCARBOROUGH 12.64 $3,160 100.0%CAPE ELIZABETH 14.29 $3,572 113.0%$412SOUTH PORTLAND15.70 $3,925 124.2%$765

IMPACT OF $44 MILLION BOND ISSUE FOR SP TAX RATE

SCARBOROUGH 12.64 $3,160 100.0%$126,400CAPE ELIZABETH 14.29 $3,572 113.0%$412$142,880 $16,480SOUTH PORTLAND16.87 $4,217 133.4%$1,057$168,680 $42,280NOTE: WHAT WILL SOUTH PORTLAND TAX RATE BE AFTER, OTHER LARGE PROJECTS LIKE THE CITY HALL RENOVATION,OR NEW CITY HALL, THE MIDDLE SCHOOL PROJECT AND THE $8.5 MILLION PUBLIC WORKS PROJECT??SOUTH PORTLAND HAS A DIFFICULT TIME COMPETING WITH SCARBOROUGH FOR NEW BUSINESS DEVELOPMENT, AND THIS HIGHSCHOOL PROJECT WILL MAKE ECONOMIC DEVELOPMENT EVEN MORE UNLIKELY.(1) - THESE ARE THE TAX RATES BASED ON 100% VALUATION. BOTH SP & SCARBOROUGH ASSESSMENTS ARE AT 100% OFMARKET VALUE. CAPE ELIZABETH IS ASSESSED AT 80% OF VALUE, SO THEIR $17.86 TAX RATE EQUATES TO $14.29%.