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 come to the Board for final approval at the September 24, 2013, 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.  (Revisions made on pages 10 and 12 of attachment)

The Plan identifies $160,618,855 in funded maintenance and major repair projects.  An additional $103,891,805 in new construction and renovations projects is identified of which $51,762,805 will be used toward funding a middle and elementary school to be constructed beyond the current plan time horizon and $33,442,804, to complete the funding of an elementary school in south county to open in 2015-16 and to fully fund a middle school in south county tentatively planned to open in 2016-17.  Three elementary school renovations are proposed to be funded as well.  Renovation and remodeling projects totaling $117,386,455 are unfunded.