Page 19 - BPS PFAR Report Fiscal Year 12.17.2021

local capital funds, were used to construct the new Johnny
Fred Bailey, Sr. Manufacturing Building for adult education in
Cocoa.
Local capital funds (about $70 million) are used for debt service (about 50%) and other capital needs. In FY21, local capital funds were used for:
• Furniture, fixtures, and equipment for elementary and secondary schools
• New school buses (26)
• Vehicle replacements – warehouse
and maintenance
• Maintenance equipment
• Educational technology support
• Middle school locker room air conditioning • Additional facility renewal needs
(HVAC, plumbing, site drainage, etc.)
• Program-related facility needs
• Facility accessibility improvements
• Mims cafetorium (construction in FY 21-22)
Looking ahead to FY22, capital funds are planned
to be similarly invested. A cross-functional team reviews capital needs District-wide and recommends
investments to the School Board as part of the budget development process. In general, the District’s capital investment philosophy is focused on supporting the learning environment and preserving the value of the District’s capital assets through maintenance and renewal.
These 2021 projects had additional HVAC investments funded primarily from the 2014 surtax:
• Titusville High
• Gemini Elementary
• Meadowlane Primary
• Meadowlane Intermediate
• Eau Gallie High School
• Jupiter Elementary
• Riviera Elementary
• Manatee Elementary
• Edgewood Jr./Sr. High School
• Cocoa Beach Jr./Sr. High School
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