Wake County Schools plan to shave $1.4 million off the cost of an elementary school, $2.8 million off the cost of a middle school, and $4.4 million off the cost of a high school. What would this mean over ten years?
Scenario A ($4.578 billion)
Elementary schools (47): $65.8 million
Middle schools (17): $47.6 million
High schools (10): $44 million
Total savings: $157.4 million
Scenario B ($4.119 billion)
Elementary schools (39): $54.6 million
Middle schools (14): $39.2 million
High schools (10): $44 million
Total savings: $137.8 million
Scenario C ($3.8 billion)
Elementary schools (30): $42 million
Middle schools (11): $30.8 million
High schools (10): $44 million
Total savings: $116.8 million
This assumes that the cost cutting measures announced yesterday would be applied to all new schools in subsequent bond packages. What would new construction cost savings in the first bond referendum look like?
Scenario A ($1.226 million in new construction)
Elementary schools (19): $26.6 million
Middle schools (6): $16.8 million
High schools (3): $7.4 million
Total savings: $50.8 million
Scenario B ($1.048 million in new construction)
Elementary schools (14): $19.6 million
Middle schools (5): $14 million
High schools (3): $7.4 million
Total savings: $41 million
Scenario C ($626 million in new construction)
Elementary schools (5): $7 million
Middle schools (2): $5.6 million
High schools (2): $8.8 million
Total savings: $21.4 million
