This morning, the Wake school board presented three capital improvement program (CIP) scenarios. The differences in the scenarios reflect the number of proposed year-round schools.
The Bottom Line
Scenario A: $4,578,000,000
Scenario B: $4,119,000,000
Scenario C: $3,800,000,000
“Needs” over the Next Three Years
Scenario A: $1,975,000,000
Scenario B: $1,797,000,000
Scenario C: $1,375,000,000
Total Tax Rate Impacts for Referendum #1
Scenario A: 28.50 cents
Scenario B: 27.00 cents
Scenario C: 24.60 cents
Total Tax Rate Impacts 2006-2012
Scenario A: 50.40 cents
Scenario B: 47.80 cents
Scenario C: 45.90 cents
Projected Costs of New Schools (includes land)
Elementary: $27 million
Middle: $39.3 million
High: $73 million