Академический Документы
Профессиональный Документы
Культура Документы
Closing Cedar Secondary saves $470,000 per year (minus busing costs)
Source: Cedar Responses to Trustees Questions | Jan 14, 2015
Capital Expense
Re-tooling Cedar into an Elementary School:
Original Estimate = $1.5 million
As promised (open concept 21st-Century) = $5-8 million (est)
Scaled-back (current estimate, including field work) = $2.5 million
(a) Approx. $2 of $2.5 million is taken from maintenance of other schools (AFG funding)
(b) Add $980,000 for 1-time purchase of new buses
$3.48 million
9
A 13-Year Pay-Out
Spending $3.48 million to save $307k per year. It will
take a minimum** of 13 years to see any net savings.
Thousands
10
11
12
13
500
-500
-1,000
-1,500
-2,000
-2,500
-3,000
-3,500
10