Florida Statute requires each school district to develop and approve a district five-year capital outlay work plan.  The plan must be submitted to the Florida Department of Education (FDOE) prior to October 1^st of each year.  The plan must include a schedule of all major repairs, renovations and new construction projects planned and include information about class size and the use of portable classrooms in the school district.  The capital outlay revenues of the district must also be projected.  The Capital Outlay Full Time Equivalent (COFTE) projections are provided by the FDOE based upon cohort projections from the annual live birth rates within the county.

As required by our interlocal agreements with the local governments, after the tentative work plan is approved by the Board, the work plan is reviewed and discussed with other public agencies, including Hillsborough County, the Planning Commission and the cities of Tampa, Plant City and Temple Terrace.  These reviewing entities have 45 days to provide comments to the District on the tentative plan.  As appropriate, these recommendations are included in a revised plan that will be presented to the Board for final approval at the September 30, 2014, Board meeting and will be transmitted to the FDOE for review.  The plan can be changed by Board action at a noticed meeting at which the public has an opportunity to comment. 

The Plan identifies $177,715,555 in funded maintenance and major repair projects.  An additional $72,813,602 in new construction projects is identified, all of which would be derived from impact fee collections.  These funds will be used to fund the remainder of Middle School “TT” in Balm, a classroom addition at Lennard High School and a K-8 school in south Hillsborough, likely located within the Waterset community.   A portion of the impact fees will also be used toward partial funding of Meacham Middle School situated in the Encore community in downtown Tampa that will open beyond the time horizon of the current plan.  There are no renovation and remodeling projects funded in this plan.  Unfunded remodeling and renovation projects total $327,122,689.