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May 20, 2014

May 20, 2014. FCS Today. 40,821 students in 35 schools 7 th largest of 180 school districts in Georgia (9 th last year) 3 rd fastest growing school district in U.S., 2005-2010 Growing at 1,700 new students a year Ranked 175 out of 185 school districts for total per pupil expenditures

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May 20, 2014

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  1. May 20, 2014

  2. FCS Today • 40,821 students in 35 schools • 7th largest of 180 school districts in Georgia (9th last year) • 3rd fastest growing school district in U.S., 2005-2010 • Growing at 1,700 new students a year • Ranked 175 out of 185 school districts for total per pupil expenditures • Lowest in metro-Atlanta, $7,249 • Lowest millage rate in metro-Atlanta • Highest Graduation Rate among Georgia’s 20 largest districts • Highest district SAT score in Georgia

  3. #1: Improvements to Existing Schools $1,400,000 $500,000 $31,286,996 Academics and Accountability/CTAE Special Education Renovations and Improvements #2 : Safety and #3: Technology School Safety Technology $2,000,000 $17,300,000

  4. #4: Growth • Transportation • Additions and Modifications • Elementary: • Middle: • High: • New Construction • Middle School #10 (projected 2017): • High School #7 (projected 2018): • Land for New Schools • * Earn $52,829,411 in state funding • Costs for additions, modifications, life cycle and new construction are estimates. $ 9,000,000 $4,972,800 $16,679,422 $60,041,300 $31,508,893 $56,640,000 $16,500,000

  5. Funding • Bond: 1992, 1995, 1999 and 2005 • SPLOST: 2001, 2011 • SPLOST/Bond: 1997 and 2006 (bond issued in 2007) • By 2019, the district will have only one outstanding bond issue. • The third option for funding is state monies. Using the 2014-19 Facilities Plan, FCS qualifies for $52,829,411. However, this does not • cover all needs.

  6. $195 Million Bond Referendum • If the May 20, 2014 bond is APPROVED by voters: • Funds would be available fall, 2014 and work would begin on projects at existing schools continuing until 2018. • The financing for this bond is structured to not increase the bond debt millage rate as long as SPLOST is extended by voters. • If the May 20, 2014 bond is NOT APPROVED by voters the proposed projects, including improvements to existing schools, school safety, technology and growth may not be completed. • Projected 2018 Enrollment: 48,931

  7. Voting Information • April 28 – May 2 and May 5-9 • Forsyth County Administrative Building • May 10, and May 12-16 at • Forsyth County Administrative Building • Cumming City Hall • Hampton Park Library • Sharon Springs Park Community Building • Midway Park Community Building • Tuesday, May 20, 2014 • Voter designated precincts • Be informed! Visit www.forsyth.k12.ga.us/bond

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