Page 322 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

FUNDED CAPITAL IMPROVEMENT

Westlake Academy Master Plan Update

Project Description:
WA campus facility master planning was discussed at a joint Town Council/Board of Trustees workshop on
February 5, 2018. Much discussion between Staff and the Council/Board ensued, with a consensus that
further discussion on this topic was needed. The discussion on February 5th with the Council/Board focused
on the need and desire to re-address capital improvement planning for Westlake Academy. Presently we
have a multi-year Westlake Academy (WA) Campus Facility Master Plan that was adopted by the Town
Council on November 12, 2012 and by the Board of Trustees on November 5, 2012. Much time and effort as
well as financial resources were invested in this Plan. Since it has been almost six years since it was approved
and adopted, it is time to re-examine the Plan again, if for no other reason than to make sure it is still meeting
the Town’s needs for its school, Westlake Academy.
If approved the Staff approach is a “three pronged” approach, with parallel pathways conducted concurrently
which ultimately intersect, thus moving us forward in both the short and the long term.
PROJECT EXPENSE
Totals Thru Estimated Proposed Projection- - - - - - - - - - - - - - - - - - Project
EXPENDITURE TYPE FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Total
Engineering 80,923 - - - - - - 80,923
Consultant Fees - - 85,000 - - - - 85,000
Design Fees 550, 885 - - - - - - 550, 885
Misc. Legal 7,861 - - - - - - 7,861
Irrigation R&M 4,987 - - - - - - 4,987
Landscape - WA Expansion 20,264 - - - - - - 20,264
Utility Relocations ( W/ S/E) 55,286 - - - - - - 55,286
Advertising 2,496 - - - - - - 2,496
Audio Visual 349, 992 - - - - - - 349, 992
Printing 116 - - - - - - 116
Courier Service 1,578 - - - - - - 1,578
Security Expense 11,000 - - - - - - 11,000
Misc. Expense 4,087 - - - - - - 4,087
Construction Expense 9,135, 117 - - - - - - 9,135, 117
Water Service 3,641 - - - - - - 3,641
Furniture & Fixtures 463, 795 - - - - - - 463, 795
Bond Issuance Costs - 2013 CO 123, 316 - - - - - - 123, 316
Transfer Out to GF 36,398 - - - - - - 36,398
Portable Buildings 359, 617 - - - - - - 359, 617
EXPENDITURES TOTAL 11,211,358 - 85,000 - - - - 11,296,358

PROJECT FUNDING
410-10110-20-000-000081 Totals Thru Estimated Proposed Projection- - - - - - - - - - - - - - - - - - Project
FUNDING TYPE FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Total
Contributions 1,080, 473 - - - - - - 1,080, 473
Interest Earned 12,800 29,180 29,180 27,400 27,400 27,400 27,400 180, 760
Interest Earned Bonds 11,192 - - - - - - 11,192
Misc Revenue 233, 500 - - - - - - 233, 500
Transfer in from GF 720, 726 - - - - - - 720, 726
Transfer in from ED 1,420, 000 340, 000 164, 300 145, 700 127, 100 127, 100 127, 100 2,451, 300
Transfer in from CP 200, 000 - - - - - - 200, 000
Other Sources 366, 774 - - - - - - 366, 774
Bond Proceeds - 2013 CO 8,294, 800 - - - - - - 8,294, 800
Bond Premiums - 2013 CO 284, 437 - - - - - - 284, 437
FUNDING TOTAL 12,624,703 369,180 193,480 173,100 154,500 154,500 154,500 13,823,963
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