Financial Considerations Ross Bonnell PSSC Member Discussion Items

Financial Considerations Ross Bonnell PSSC Member

Discussion Items • Capital Improvement Projects – Comparison to 2011 Study • Comparative Cost / Student Analysis • Concerns with “Sustainability Study – Financial Considerations”

Capital Improvement Projects Serial PRIORITY TYPE DESCRIPTION COST 1 1 Exterior / Site Siding ? 2 2 Mechanical / Electrical New Ventilation System ? 3 2 Mechanical / Electrical System Upgrade ? 4 2 Building Interior Elevator / Access Lift ? 5 3 Exterior / Site Paving of Curbing / Driveway ? 6 3 Building Interior Upgrade Ceilings / Lighting ? Total $573 K* * Specific project cost not provided due to “impact on contracting process. ” * Described as a “One-time Cost Avoidance”

Capital Improvement Projects

Capital Improvement Projects – Projected Cost Serial Priority Description Cost Projected Cost 1 1 Siding ? < $50, 000 2 2 New Ventilation System ? 3 2 Elevator / Access Lift ? 4 2 Electrical System Upgrade ? 5 3 Paving of Curbing / Driveway ? 6 3 Upgrade Ceilings / Lighting ? Total $573 K ~ $383, 910 ≤ $139, 090 $573 K *Assiniboine Elementary Capital Expenditure Projects: $807, 000

Capital Improvement Projects – 2011 Sustainability Study Serial TYPE DESCRIPTION Projected COST Actual Cost 1 Exterior / Site Siding $37, 000 Not Complete 2 Exterior / Site Paving of Curbing / Driveway $50, 000 Not Complete 3 Building Interior Elevator / Access Lift $220, 000 Not Complete 4 Building Interior Upgrade Ceilings / Lighting $28, 000 Not Complete 5 Mechanical / Electrical System Upgrade $50, 000 Not Complete 6 Mechanical / Electrical Ventilation System $157, 000 Not Complete 7 Mechanical / Electrical Sewage Treatment System $154, 000 $93, 088 Total $699, 000 $93, 088

Capital Improvement Projects: 2010 – 2015 (Actual) 1) By project: YEAR IMPROVEMENT TYPE COST 2010 Interior Walls $10, 557 2010/2011 Sewage System $11, 530 2012 Heating System $17, 185 2012 Sewage System $93, 088 (estimated $154, 000) 2) By year: YEAR COST 2010 -2012 $132, 360 2013 -2015 $0

Comparative Cost / Student Analysis – 2014 -2015 BURTON MACADAM MILLVILLE Salaries 424, 889 600, 350 403, 251 Assigned Budgets 11, 588 17, 386 12, 165 Facilities 39, 603 57, 694 33, 416 Total 476, 077 675, 430 448, 832 Students 59 64 40 Total / Student $7, 916 $10, 533 $11, 220 * Nackawic: $6, 232 / student

Comparative Cost / Student Analysis From: Sustainability Study: North and South Esk. Elementary Burton Elementary: $7, 916

Concerns with “Sustainability Study – Burton Elementary School Financial Considerations” (1) • Enrolment Projections: The above figures suggest that: • %72. 7 of Burton Elementary Kindergarten Students for 16 -17 were registered by Oct 15 (8 registered of a projected 11). • Only %57. 1 of Assiniboine Elementary Kindergarten Students for 16 -17 were registered by Oct 15 (40 registered of a projected 70).

Concerns with “Sustainability Study – Burton Elementary School Financial Considerations” (2) • Staffing information and implications From: “Financial Considerations” From: “Clarifying Points”

Concerns with “Sustainability Study – Burton Elementary School Financial Considerations” (3) • Global School Budgets and Operational Facilities Budgets: • If the key factor is enrolment, why would Burton Elementary School have a decrease of %15? Recall the enrolment figures: – 43 (2011), 53 (2012), 48 (2013), 59 (2014), 49 (2015) – A mean enrolment of 50. 4 students.

Questions / Discussion