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 Department of Education prior to October 1st of each year. The plan must include a schedule of all major repairs, renovations and new construction projects planned and information about class size and the use of portable classrooms in the school district. The capital outlay revenue of the district must also be projected. The Capital Outlay Full Time Equivalent (COFTE) projections are based on cohort projections from the annual live birth rates within the school district. The Five-Year Work Plan includes projected capital needs, not only for the current 5 year period, but years 6-10 and years 11-20.

As required by our interlocal agreement, after the tentative work plan is approved by the Board, the work plan is reviewed and discussed with other public agencies in the county, including Hillsborough County, the Planning Commission and the Cities of Tampa, Plant City and Temple Terrace. These agencies have 45 days to provide comments to the District. As appropriate, these recommendations are included in a revised plan that will come to the Board for final approval at the September 21, 2010 Board meeting and will be transmitted to the Department of Education prior to the October 1st deadline. The plan can be changed by Board action at a noticed meeting at which the public has an opportunity to comment.

The Plan identifies $166,139,192 in funded maintenance and major repair projects. An additional $55,628,761 in new construction projects is identified, of which $15,424,000 will be used toward funding a middle school to be constructed beyond the current plan time horizon. Sufficient revenue is projected to be available for listed projects. Renovation and remodeling projects totaling $132,806,988 are unfunded.