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Schools Return Project $11.5 Million Surplus To County - LoudounTimes
Schools Return Project $11.5 Million Surplus To County - LoudounTimes
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Schoolsreturnproject$11.5millionsurplustocounty
Friday,Mar.30,2012byLauraPeters|16comments|Emailthisstory
2 TheLoudounCountySchoolBoardmustreturnunspentcapitalprojectfundsinthesumof morethan$11.5millionbacktothecounty. Thepossibilityofusingthosefundsforotherprojectsisnotpossible.Thatisduetothefact thattherestrictivelanguageusedinthebondreferendumrestrictsitsuse,JeffMorse (Dulles)said. AccordingtoSuperintendentDr.EdgarHatrick,thereisnormallyatwoyeargapbeforethe schoolscandeclareasurplusonaproject.Thisyear,J.MichaelLunsfordMiddleSchools gymprojectwasthemajorityofthereturnaprojectlessthantwoyearsold. ThisisanexceptiontotheruleJeffPlatenberg,assistantsuperintendentforthe DepartmentofSupportServicessaid.J.MichaelLunsfordMiddleSchool(MS5)was appropriatedintheFY06CIPintheamountof$39,675,000andwasallocatedtothe schoolsinOctober2005.Thetimelineestablishedfortheprojectanticipatedanopeningin thefallof2008.Siteavailabilitycausedtheprojecttobedelayedandduringthisperiod,LCPS decidedtoalterthemiddleschoolprototypefromaonestorydesigntothatofatwostory. Anotherschool,LibertyElementary,wasconstructedonaprofferedsite,Platenbergsaid.The sitehadminimalsitedevelopmentcostsandnoregionalroadimprovementsthatLCPSwas responsiblefor,sothebidswerebelowwhatstaffexpected,headded. ThesearesurplusCIPdollarsandwedohavetogivebacktothecountyifwedontuseitfor theCIPprojects,KevinKuesters(BroadRun)said.AlltheseCIPprojects,withthe exceptionofonethatsonthelist,havebeencompleted. In2008,LCPSrequested$12.2millioninsupplementalfundingforatwostoryconceptand design,accordingtoPlatenberg.Therequestalsofactoredinconstructionfundingand inflationthatcameouttoatotalfundingforLunsfordof$51.9million. SinceLunsfordwasdelayedforthreeyears,constructionwaslessduetotheeconomic downturn,Platenbergsaid. Tenmilliondollarsofthesurplusfundingproposedforreturnisaheadofthescheduled completionperiodandrepresentsthereducedconstructioncostsinwhatcontinuestobea volatileschoolconstructionmarket,Platenbergexplained. Theboardpassedthereturnunanimously. Whatsbeingreturned: J.MichaelLunsfordMiddleSchool$10,000,000 KennethW.CulbertElementarySchool$28,086 LuckettsElementaryMarqueeSign$1,764 LibertyElementarySchool$945,273 SugarlandElementarySchoolRenovation$2,892 FY07MiddleSchoolRenovations$121,646 SycolinCreekElementarySchool$56,282 StoneHillMiddleSchool$14,079 RollingRidgeElementarySchoolRenovation$90,805 MiddleSchoolRenovations$2,129 BriarWoodsHighSchool$302,438
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2 RealEstateDegreeinVA AttendaninformationsessionforGeorgeMason'srealestateprogram.
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Comments
Sat,Apr07at07:19PMbycat|Reportthiscomment
Wasthemoneylastyearfromadifferentfundorarewegoingtoendupwith morewhiteboardsorChinatrips?
Thu,Apr05at09:30AMbyBroncobilly|Reportthiscomment
Noletsnottransferorgiveraisesjustbecauseothercountiesoverpaytheir teachersisnoreasontokeepthrowingmoneyatadeadhorse.
Thu,Apr05at07:51AMbyEmployee|Reportthiscomment
TheLoudounTimesMirror
Viewourotherprintpublicationsavailableonline.
Howmuchinteresthavethese11.5millioninbondscostussofar?
Sat,Mar31at01:43PMbyWhiteboardSalesman|Reportthiscomment
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Sincethemoneycamefromtaxpayerswhyisitnotbeingreturnedtothem?
Sat,Mar31at07:02AMbyechyone|Reportthiscomment
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Quitspendingjustbecauseyougotit.
Fri,Mar30at03:56PMbyJeffreyLacker|Reportthiscomment
AnyunusedBondmoneyshouldbeusedtocallin$11.5/millioninbonds issued.
Fri,Mar30at03:11PMbyTheRightReverendChefBoyardee|Reportthiscomment
Ilovethis!Thisisexactlywhatshouldhappentotheappropriatedbudget.
Fri,Mar30at02:58PMbyLoudounCounty|Reportthiscomment
thisisbondmoney.ItshouldbeusedtopaydownDEBT!!!!
Fri,Mar30at02:15PMbyTransferFunds?|Reportthiscomment
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