Fairfax County School Board Requests Supervisors to Place Bond Referendum on November 2017 Ballot
The Fairfax County School Board has approved a resolution to request that the Fairfax County Board of Supervisors place a school bond referendum for $315 million on the ballot for the November general election.
Out of the $353.2 million Capital Improvement Program (CIP) projects listed in the bond referendum, the County currently already has bonding authority for $38.2 million. Consequently, FCPS only needs to seek bonding authority for $315 million in new bond sales.
The referendum will provide construction funds for the new northwest county elementary school in the Herndon area, renovations at Oakton High School, Rocky Run and Hughes Middle Schools, and five elementary schools (Mount Vernon Woods, Belle View, Annandale Terrace, Clearview, and Silverbrook), and one modular building relocation; and planning funds for a new elementary school in the Fairfax-Oakton area of the county, additions at West Potomac, Stuart, and Madison High Schools, and for planning renovations at Falls Church High School, Frost Middle School, and five elementary schools (Hybla Valley, Washington Mill, Braddock, Fox Mill, and Oak Hill).
Funds from the 2017 bond referendum are identified in the FY 2018-22 CIP, which estimates that Fairfax County Public Schools (FCPS) enrollment will be approximately 190,600 students by the 2021-22 school year.
Staff members from the FCPS Department of Facilities and Transportation Services have been working with Fairfax County staff members to reconcile unused authority from multiple bond referendums over an extended period of time, an exercise that is performed periodically for all local government entities that use bond funds. It will reflect cumulative project savings over time, allowing the school district to request less bonding authority for projects currently identified for funding. The reconciliation does not alter the current annual cash flow allowance of $155 million from the county. The cost of the FY 2018-22 CIP over five years is $824 million.
For more information, contact the Office of Communication and Community Relations at 571-423-1200.