1 / 4

BEST Slides

This article highlights the state statute guidelines for approving projects in Aurora Public Schools, including health and safety considerations, technology integration, and addressing overcrowding. It also discusses various factors to consider, such as project cost, facility condition, and the applicant's financial capacity. Additionally, the article explores brainstorming questions on grant types and the value of BEST grants to communities.

jacquiline
Download Presentation

BEST Slides

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BEST Slides Brett Johnson- Aurora Public Schools

  2. Statute Guidelines • State statute outlines the following guidance for approving projects:  • Health and safety at existing facilities, security, incorporating security into facilities • Second subset of technology: Hardware, devices, other necessary components • Projects that relieve overcrowding • All other projects • Other considerations: • Matching contribution being provided in excess of or less than minimum • Whether applicant has been placed on financial watch by CDE • Overall condition of applicant’s existing facilities • Project cost per pupil affected by proposed project • Project life cycle • Public school facility's facility condition (FCI) • The applicant’s ability to help itself, including available bonding capacity

  3. Based on HB1055, the cap has increased to $52.5m in 2019-20 and $55m in 2020-21. • This means roughly $160m for this year’s financed projects and no more than $90m next year

  4. Brainstorming Questions • Instead of identifying a cash grant or a COP-financed matching grant, should there be additional grant types? • Cash-funded state match to offset local bond project • Life cycle-oriented grants (offering a new roof and repairs to extend the life of a current building versus financing a $60m brand new building) • Are BEST state-financed matches too big for some projects?  • What is the value of a BEST grant to a community and its chances of passing an election? And could a smaller BEST grant still provide that same value? • Asset maintenance component of buildings • Can we break projects up? • School districts have started asking for the moon and see how much they can get • Board does not feel it has the flexibility to parse out more worthy components of a proposed project

More Related