Carrollton-Farmers Branch ISD

2005 Construction Progress Report

December 2005 1

Program Initiated

Bond Referendum -2003

December 2005

Total Amount of Program

$ 300,165,000

December 2005

General Issues
1998 Deferred Items Enrollment Growth Aging of Existing Facilities Continued Technology Needs

December 2005

Length of Program

Six to Eight Years (2011)

December 2005

Program Duration
Bond Sales 2004 through 2009 Construction through 2011 Phase I & II In Progress Phase III In Planning Currently On Track

December 2005

PHASE I 2004 Sale $56,400,000

Pre-K Center / SFC Newman Smith HS Renovation Thompson Elementary Renovation Stark Elementary Renovation Technology Land & Other

December 2005

Carrollton-Farmers Branch Independent School District

Phase I Projects
Thompson

IH

35

Carrollton
NSHS

Dallas

Trinity Mills Sandy Lake

Denton Dr

Whitlock

Keller Springs
Pre-k SFC

Coppell

Luna Rd

Josey Ln

Belt Line Rd

lle Va

iew yV

rw LBJ F

December 2005

Nort hwe s

t Hw

Marsh Ln

Stark

Midway Rd

Irving

Farmers Branch

Addison

Midway Rd

y Hw 11 4

Pre-K Center / SFC Corgan/Hisaw

Project Complete Total Construction Cost - $6.4 million

December 2005

Newman Smith HS Renovation SHW/Charter

Project 56% Complete Total Construction Budget $20.5 million Estimated Completion Late 2006
100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% May-05 May-06 Apr-05 Apr-06 Nov-05 Aug-05 Aug-06 Nov-06 Mar-06 Dec-05 Dec-06 Feb-06 Sep-05 Sep-06 Feb-07 Jan-06 Jun-05 Jun-06 Mar-07 Oct-05 Oct-06 Jan-07 Apr-07 Jul-05 Jul-06

Actual

Budget

December 2005

10

NSHS Renovation

December 2005

11

NSHS Renovation

December 2005

12

Janie Stark Replacement Corgan/Hunt

Project 38% Complete Total Construction Budget $10.1 million Estimated Completion August 2006
100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
May-05 May-06 Oct-05 Feb-06 Mar-06 Jun-05 Jun-06 Nov-05 Dec-05 Oct-06 Jan-06 Jul-05 Jul-06 Nov-06 Aug-05 Aug-06 Dec-06 Sep-05 Sep-06 Apr-05 Apr-06

Actual Budget

December 2005

13

Janie Stark El. Replacement

December 2005

14

June Thompson Replacement SHW/Hisaw

Project 26% Complete Total Construction Budget $9.3 million Estimated Completion August 2006
100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
May-05 May-06 Oct-05 Feb-06 Oct-06 Nov-05 Dec-05 Nov-06 Aug-05 Aug-06 Dec-06 Sep-05 Sep-06 Feb-07 Mar-05 Mar-06 Jan-06 Jun-05 Jun-06 Apr-05 Apr-06 Jan-07 Jul-05 Jul-06

Actual Budget

December 2005

15

June Thompson El. Replacement

December 2005

16

PHASE II 2005 Sale $56,600,000

RL Turner HS $25.9 M (SHW/Charter) Pre-K Center $7 M (Corgan/Cadence McShane) Blanton Renovation $9.3 M (SHW/Hunt) Stadium Turf $0.8 M (SHW/Hellas) Technology Land & Other

December 2005

17

Carrollton-Farmers Branch Independent School District

Phase II Projects

IH

35

Carrollton
Blanton

Dallas

Trinity Mills Sandy Lake Denton Dr

Pre-k

Whitlock

Keller Springs

Coppell

Standridge

RLT

Luna Rd

Josey Ln

Belt Line Rd

lle Va

iew yV

rw LBJ F

December 2005

Nort hwe s

t Hw

Marsh Ln

Midway Rd

Irving

Farmers Branch

Addison

Midway Rd

y Hw 11 4

18

Proposed PHASE III 2006 Sale $41,300,000

South Elementary / Pre-K - $14.9 M
Addresses Full day Pre-K

McWhorter Addition - $3.9 M

McWhorter at Capacity w/ growth expected

Creekview Expansion $9.9 M

Specialty areas need improvement

Furneaux Improvements $2.0 M

General age of facility

Sheffield Primary Addition - $3.6 M

Building at capacity / age of building

Technology - $7.0 M
Continue improvements

December 2005

19

Additional TIF Project

(Funded from TIF Zone Funds)

LaVillita Elementary School - $14.0 M

Freeman near capacity Development of LaVillita itself Subject to funds availability
Currently $7.5 available $5 M - $ 7M expected by spring 2007

December 2005

20

Carrollton-Farmers Branch Independent School District

Phase III Projects

Furneaux

Sheffield Pri.

Creekview

McWhorter

IH

35

Carrollton
Denton Dr

Dallas

Trinity Mills Sandy Lake Keller Springs

Whitlock

Coppell

Josey Ln

Belt Line Rd

Elementary/Pre-K

Luna Rd

LaVillita

lle Va

iew yV

LaVillita

rw LBJ F

December 2005

Nort hwe s

t Hw

Marsh Ln

Midway Rd

Irving

Farmers Branch

Addison

Midway Rd

y Hw 11 4

21

Actual and Projected Tax Rates

0.4000

2003 BOND PROGRAM

Projection
0.3500 0.3000 0.2500 Actual

0.2000 0.1500 0.1000 0.0500 -

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2007 Estimate based on $45 million bond sale with 1.5% growth in values
December 2005 22

COMPARATIVE TAX RATES

0.60000 0.50000 0.40000 0.30000 0.20000 0.10000 0.00000
2002-03 2003-04 2004-05 2005-06
2006-07

CFB

Allen

Carroll

Coppell

Irving

Lew isville

Mesquite

McKinney

Plano

Richardson

0.2224 0.2358 0.2824 0.3259

0.3360

0.3082 0.3723 0.4333 0.4125

0.4965 0.4640 0.4350 0.4350

0.2100 0.2350 0.2350 0.2290

0.2706 0.3150 0.3370 0.3140

0.2700 0.2700 0.2700 0.2700

0.3000 0.3000 0.3200 0.3124

0.4800 0.4800 0.5000 0.5000

0.2334 0.2334 0.2334 0.2334

0.3081 0.3200 0.3200 0.3200

Assuming approximately $45 million bond sale in 2006 With 1.5% value growth
December 2005 23

Other Issues

December 2005

24

Davis Elementary
Current Enrollment 645 7 Temporary Classrooms Enrollment Appears Stable Adjacent schools have capacity

December 2005

25

Davis Elementary
Review special programs Monitor growth If growth continues, consider boundary adjustment

December 2005

26

McLaughlin Elementary
Current Enrollment 681 7 Temporary Classrooms Adjacent schools have capacity

December 2005

27

McLaughlin Elementary
Consider boundary adjustment with Montgomery/Blair

December 2005

28

Consider to Rezone: Area between Josey Lane & Nix and Between Beltline & Fyke Road

December 2005

29

Boundary Change Enrollment Impact (Over time)

Current If Changed

McLaughlin 681 Montgomery - 439 Blair 405

McLaughlin 455 Montgomery - 550 Blair 520

Functional Capacities McLaughlin Montgomery Blair

December 2005

619 - 585 - 550

30

Remaining Major Projects

Sheffield Int. Country Pl. El. Ranchview HS DeWitt Perry MS Montgomery Pri. Rosemeade El. Blalack MS Farmers Branch El. Good El. Bush MS Polk MS Field MS McCoy El. Technology
December 2005

$ 5.1 Million $ 7.7 Million $27.6 Million $ 9.6 Million $ 9.9 Million $ 6.5 Million $ 9.5 Million $ 8.7 Million $ 9.8 Million $ 3.7 Million $ 4.0 Million $ 4.5 Million $ 3.3 Million $17.0 Million
31

QUESTIONS ?

December 2005

32