Submitted by Brian Raney
The Board of Estimation & Taxation Budget Committee did not deal with an critical dilemma about the Julian Curtiss (JC) renovation included in the proposed Very first Selectman’s Finances (the Universities part of which arrived from the Board of Schooling) – Is it an efficient use of our cash?
In the proposed funds, there are projections for potential years. Many faculties have full renovation line objects in the upcoming 15 years. There are also on-heading routine maintenance jobs for the recent yr, which include 5-yr projections, some of which specify which faculty will be done in a given 12 months, eg HVAC at Julian Curtiss in FY2024-2025. This is redundant if a comprehensive renovation comes about, as those exact costs are incorporated in the renovation or no extended needed, this sort of as that JC HVAC operate. (Do not think me? Check out the Challenge Data Sheets in the Proposed Capital Budget.)
There are two comprehensive faculty renovations prepared for the subsequent 5 a long time – JC in 2022 and Previous Greenwich (OG) in 2024. Education Requirements are finish for JC and virtually done for OG.
There are concerns amid numerous about the scope of the Ed Specs for JC and increasing room at a university that is only at 60% ability. For comparison, OG is at 79%. Even Parkway is at 79%.
In the next 5 many years, JC has about $5.9M in identifiable maintenance expenses. OG has about $9.3M The price tag of the JC renovation is $26.7M. The charge of the OG renovation is $28.2M. If we do the comprehensive renovation, we save the cost of the 5-calendar year maintenance. The net price tag of the OG renovation would only be $18.9M vs the $20.9M for JC – a personal savings of $1.9M.
A different way to seem at it is what’s far more inexpensive to keep for the up coming 5 a long time – JC at $5.9M or OG at $9.3M?
A different measure of bang for our buck is how lots of pupils we’re impacting. Even if we consider the school capability alternatively than enrolled learners, it is cheaper on a per seat basis to do OG.
Central Center College is not scheduled for renovation till 2033 but has $21.5M in upkeep in the following 5yrs. Which is $10M previously mentioned any elementary college. Not having to pay 2 times for that routine maintenance would be a large earn. 2033 is a extensive way out but the studies on the faculty as it is currently are not very good. BOE has a cash request this yr to do a in-depth report to understand its condition (which, by the way, undermines even the directional usefulness of the KG+D report). Sadly, there isn’t enough information to include things like CMS in the selection of which university to renovate upcoming.
We have a good deal of “maintenance debt” on our educational facilities that is coming thanks. Spending $1.9M significantly less will be beneficial. In truth, that personal savings can be applied to JC or CMS. Win-win! Hopefully the entire Bet will check with the concern.
Brian Raney composing solely for himself