The District’s Facilities Master Plan (FMP) was approved by the Board of Education on May 27, 2014.  The FMP identified $590 million worth of projects in 2014 dollars. The Implementation Plan (B), which was based on FMP, further narrowed down the project list to $179.5 million, with half of the funds allocated towards Encinal Junior/Senior High and Alameda High School and the rest allocated to projects at our other campuses.  The Implementation Plan (B) was approved by the Board of Education on June 10, 2014.

Measure I, a facilities bond, was approved by the citizens of Alameda in November 2014. Measure I authorized the District to issue General Obligation Bonds (GO Bonds) up to $179.5 million. The last issuance in this series was in August of 2019.

As the majority of Measure I projects have been completed, and the current Measure I funds are set to be used by August 2022, the staff has started the process of developing a new Implementation Plan of projects based on the FMP. In reconciling projects identified during the FMP with projects being completed under Measure I bond, it became evident that the District’s Secondary Schools still need further modernization and addition of certain facilities. Hence, the majority of projects identified in the Implementation Plan tonight relate to the District’s secondary schools.

Projects identified in today’s presentation have not been funded. In the absence of funding from the State of California, a potential source of funding would be another General Obligation Bond.

Tonight, District staff will update the Board on the progress of projects funded by Measure I bond proceeds, and provide a brief overview of the District’s bonding capacity. This is an information item, the start of a discussion, and, based on Board’s direction, may come to Board as an action item at a later date.