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Seismic Safety Bond Program Review

Seismic Safety Bond Program Review. Piedmont Unified School District Seismic Safety Bond Program. Board of Education Meeting January 23, 2013. SSBP Program Overview Review. All project related SSBP expenditures are complete (12/15/12) $35,925 in unexpensed program commitments remain

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Seismic Safety Bond Program Review

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  1. Seismic Safety BondProgram Review Piedmont Unified School District Seismic Safety Bond Program Board of Education Meeting January 23, 2013

  2. SSBP Program Overview Review • All project related SSBP expenditures are complete (12/15/12) • $35,925 in unexpensed program commitments remain • $375,349 in Program Contingency remains • Total SSBP Budget is complete at $69.1 million • Total funding to date (SSBP and modernization): $73.8 million • Appropriation of funding in excess of $69.1 million ($4.7 million) will be considered by the Board • Havens Prop 1D application (projected between $650k - $1.2 million) is pending, but adds at least $650k to the $4.7 million funding excess

  3. Final SSBP Budget Summary

  4. SSBP Funding Summary (funds in hand)

  5. Current State Funding Summary Note: Havens seismic funding request is not included, but is estimated at $650k - $1.2M

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