Master Plan 2015 Bainbridge Island School District Master Plan :: Update 28 May 2015.

Master Plan 2015

Bainbridge Island School District

Master Plan :: Update

28 May 2015

SITE FINDINGS

BUILDING FINDINGS – ACCESSIBILITY (ADA), HEALTH, LIFE SAFETY

BUILDING FINDINGS – INFRASTRUCTURE

LIFE CYCLE REPLACEMENT AND REPAIR

EDUCATIONAL PROGRAM

LEGISLATIVE

Summary of Findings & Capital Costs

Elementary SchoolsSummary of Findings and Capital Costs

::Blakely::Ordway ::Wilkes

BLAKELY ELEMENTARY SCHOOLSUMMARY OF FINDINGS AND CAPITAL COSTS

1965 Original Building 34,054 GSF1989 Classroom Additions 7,242 GSF1993 Additions and Upgrades 1,009 GSFCovered Play Structure (@ 50%) 1,200 GSF

Description of ImprovementProject Cost

2015

Project Cost 2017 Bid

9% Escalation


13.5% Escalation

SITE FINDINGS

Provide separate bus loop drive 224,378 244,572 254,669 Provide fire lane access 392,152 427,445 445,092 Extend fire loop and add 6 fire hydrants 383,482 417,996 435,253 Provide fire water storage - Allowance 336,567 366,858 382,004 Modify student load and unloading 118,308 128,956 134,280 Provide/modify ADA ramps/walkways 138,298 150,745 156,969 Replace all playground equipment to District Standards 183,582 200,104 208,366 Redesign and improve site storm water management 1,223,880 1,334,029 1,389,104

Site Findings Subtotal $3,000,648 $3,270,706 $3,405,735

BUILDING FINDINGS - ACCESSIBILITY (ADA) | HEALTH | LIFE SAFETY

Install fire sprinkler system 265,174 289,040 300,972Replace fire alarm system 122,388 133,403 138,910Replace intercom system 15,299 16,675 17,364

101,990 111,169 115,759Architectural Patch and Repair at Toilet Rooms 265,174 289,040 300,972Allowance to upgrade building to ADA compliance 431,469 470,301 489,717Abate building of asbestos containing material 302,028 329,211 342,802

Allowance to upgrade toilet fixtures to ADA compliance. Assume half of all plumbing fixtures replaced

Page 1

Architectural Patch and Repair for Abatement/Mech/Elect/Seismic 690,350 752,481 783,547Upgrade egress lighting 30,597 33,351 34,728Upgrade exterior emergency lighting 12,239 13,340 13,891Provide keyless entry (card) at exterior doors 71,393 77,818 81,031

0 0 0

0 0 0

0 0 0Replace floor and wall coverings (indoor air quality issue) 623,472 679,585 707,641

Building Findings - Health | Life Safety Subtotal $1,691,572 $1,843,814 $1,919,935

BUILDING FINDINGS - INFRASTRUCTURE

664,975 724,823 754,746

844,477 920,480 958,482Replace water heaters 81,592 88,935 92,607

81,592 88,935 92,607

24,478 26,681 27,782Upgrade lighting and controls per current energy code 713,930 778,184 810,311

Replace classroom HVAC unit ventilators (indoor air quality, noise, comfort issues) Entire School/Geothermal System Not Feasible $2,400,000 Plus Mark-ups

Replace plumbing fixtures - Cost includes half of all fixtures - See ADA Upgrades for remaining fixture replacement costs

Address hot water recirculation pumps for timely delivery of water to sinks and lavatories

Replace classroom HVAC unit ventilators (indoor air quality, noise, comfort issues) Classrooms Only/Conventional System Not Feasible $800,000 Plus Mark-ups

Provide lateral and shear support to meet current earthquake code requirements

Structural modifications and upgrades to support program and system modernizations - Cut & Patch Included in Accessibility

Replace classroom HVAC unit ventilators (indoor air quality, noise, comfort issues) Entire School/Conventional System Not Feasible $1,100,000 Plus Mark-ups

Page 2

Replace building boilers 509,950 555,846 578,793Replace building controls system 611,940 667,015 694,552Replace electrical distribution system to comply with code 326,368 355,741 370,428Upgrade technology to District standards 224,378 244,572 254,669

Building Findings - Infrastructure Subtotal $4,083,680 4,451,211 $4,634,976


Allowance for renewal upgrades (casework, painting) 776,644 846,542 881,491

Life Cycle Replacement and Repair Subtotal $776,644 $846,542 $881,491

EDUCATIONAL PROGRAM

7,877,161 8,586,105 8,940,578

968,905 1,056,106 1,099,707

1,787,252 1,948,105 2,028,531Add two (2) Kindergarten classrooms with toilets (3,147 GSF) 3,127,013 3,408,445 3,549,160

5,508,990 6,004,799 6,252,703

Educational Program Subtotal $19,269,322 $21,003,560 $21,870,680

TOTAL SUMMARY OF FINDINGS

TOTAL SUMMARY OF FINDINGS $28,821,865 $31,415,833 $32,712,817

Collaboration and small group learning spaces 5,000 GSF Modernization and 4,950 GSF Addition

Add Music Room (size similar to Wilkes, relocate from portable) 1550 GSF

Add "cafeteria" (modular quality)

Add Cafeteria and modernize food service (size similar to Wilkes) Minor Renovate/Tie-in 6,852 SF

Page 3

Page 4

POTENTIAL LEGISLATIVE MEASURES TO REDUCE CLASS SIZE

McCleary Bill5 New Classrooms K-4 (5,780 GSF) 2,770,660 3,020,020 3,144,699

1,667,537 1,817,615 1,892,654

McCleary Bill Total $4,438,197 $4,837,635 $5,037,353

TOTAL SUMMARY OF FINDINGS AND McCLEARY BILL

TOTAL SUMMARY OF FINDINGS AND McCLEARY BILL $33,260,062 $36,253,467 $37,750,170

TOTAL POSTPONE, PATCH & REPAIR

TOTAL POSTPONE, PATCH & REPAIR 3,947,625 $4,302,911 $4,480,554

TOTAL OTHER CONSIDERATIONS

TOTAL OTHER CONSIDERATIONS $1,509,452 $1,645,303 $1,713,228

Storm Detention/Water Quality Upgrades (Additional to Summary of Findings)

Blakely Elementary School :: Project Capital Costs :: April 2015 *65,150 GROSS SQUARE FEET

Summaryof

Findings

Additions |Modernizations

New in LieuPostpone

Patch&

Repair

Other Considerations

$28,821,865 $38,156,500 $38,964,667 $3,947,625 $1,509,452

Summaryof

Findings


New in LieuPostpone

Patch&

Repair


$33,260,062 $40,844,200 $41,534,455 $3,947,625 $1,509,452

McCLEARY BILL

* Estimates include “Soft” costs

ORDWAY ELEMENTARY SCHOOLSUMMARY OF FINDINGS AND CAPITAL COSTS

1978 Original Building 46,898 GSF1978 Covered Play Structure (@50%) 1,806 GSF1989 Addition 335 GSF1989 Kindergarten Building 2,904 GSFCovered Play Structure (@50%) 2,375 GSFTotal 54,318 GSF


2015


9% Escalation


13.5% Escalation

SITE FINDINGS

Revised Bus Load and Unloading 89,588 97,651 101,682Fire Lane Access 36,716 40,021 41,673Pedestrian Safety Improvements 54,055 58,920 61,352Additional Staff Parking 72,413 78,930 82,189Stormwater Management/Detention Vault 509,950 555,846 578,793Access Improvements 20,398 22,234 23,152

Site Findings Subtotal $783,120 $853,601 $888,841


Install fire sprinkler system 407,960 444,676 463,035Install fire pump 203,980 222,338 231,517Pump House/Enclosure 183,582 200,104 208,366Replace fire alarm system (fire alarm panel is outdated and discontinued) 142,786 155,637 162,062

511,347 557,369 580,379Allowance to upgrade building to ADA compliance (including access to the stage)

Page 1

Abate building of asbestos containing material 357,943 390,158 406,265Architectural Patch and Repair for Abatement/Mech/Elect/Seismic 818,156 891,790 928,607Upgrade exterior emergency lighting 17,338 18,899 19,679Teaching spaces suffer from lack of quality daylighting 550,746 600,313 625,097

1,046,982 1,141,211 1,188,325



636,418 693,695 722,334

848,557 924,927 963,112Add independent air conditioning to the Computer Lab 50,995 55,585 57,879

108,109 117,839 122,704Replace electrical distribution system to comply with code 387,562 422,443 439,883

20,398 22,234 23,152Upgrade technology & data closets to District standards 265,174 289,040 300,972

3,161,690 3,446,242 3,588,518101,990 111,169 115,759

Upgrade lighting and controls to current energy code 846,517 922,704 960,797152,985 166,754 173,638

Building Findings - Infrastructure Subtotal $6,580,395 $7,172,630 $7,468,748

Replace plumbing fixtures in health, kitchen, special needs and gym

Replace floor and wall coverings (floor leveling required over corridor exposed aggregate floors)

Replace HVAC system and controls (currently return air plenum is in ceiling space; not healthy)

Replace hardware at all exterior doors and provide keyless (card)

Provide lateral and shear support to meet current earthquake code requirements

Structural modifications and upgrades to support program and system modernizations

Master clock system is not integrated into the 2010 Bogen Quantum system rack

Upgrade classroom sound reinforcement and A|V to meet District

Page 2


Replace exterior asphalt surfaces and concrete walkways 0 0 0511,347 557,369 580,379

Allowance for renewal upgrades (casework, painting) 920,425 1,003,263 1,044,682

Life Cycle Replacement and Repair Subtotal $1,431,772 $1,560,632 $1,625,062

EDUCATIONAL PROGRAM

5,899,289 6,430,225 6,695,693968,905 1,056,106 1,099,707

3,900,628 4,251,684 4,427,21362,826 68,480 71,307

Extend classroom walls to underside of roof deck 440,597 480,251 500,077

5,508,990 6,004,799 6,252,703



Total Summary of Findings $29,817,343 $32,500,903 $33,842,684Total Postpone, Patch and Repair (2-3 years) $1,377,722 $1,501,717 $1,563,714


McCleary Bill

2,770,660 3,020,020 3,144,699

2,310,074 2,517,980 2,621,933


Collaboration and small group learning spaces 5,000 GSF Modernization and 4,950 GSF Addition

Storm Detention/Water Quality Upgrades (Additional to Summary of Findings)

Add acoustic separation partition between the stage and the

Replace suspending ceiling tiles throughout

Add Cafeteria and modernize food service (size similar to Wilkes) (Convert existing covered play area 6,852 SF)

Add four (4) general classrooms (4 Class/Shared/Small Group)

5 New Classrooms K-4 (5,780 GSF)

Add "cafeteria" (modular quality)

Page 3




TOTAL POSTPONE, PATCH & REPAIR $2,180,760 $2,377,029 $2,475,163



Page 4

Ordway Elementary School :: Project Capital Costs :: April 2015 *67,130 GROSS SQUARE FEET

Summaryof

Findings


New in LieuPostpone

Patch&

Repair


$29,817,343 $38,090,158 $38,891,842 $2,180,760$1,377,722

$4,397,809

Summaryof

Findings


New in LieuPostpone

Patch&

Repair


$34,898,076 $40,844,200 $41,718,608 $2,180,760 $4,397,809

McCLEARY BILL

*Estimates include “Soft” costs

WILKES ELEMENTARY SCHOOLSUMMARY OF FINDINGS AND CAPITAL COSTS

2013 Original Building 64,034 GSFCovered Play Structure (@50%) 1,320 GSFTotal 65,354 GSF


2015


9% Escalation


13.5% Escalation


McCleary Bill

5 New Classrooms K-4 (5,780 SF) 3,305,966 3,603,503 3,752,272




Sakai Intermediate School

SAKAI INTERMEDIATE SCHOOLSUMMARY OF FINDINGS AND CAPITAL COSTS

1999 Lower Level 20,512 GSF1999 Upper Level 41,660 GSF1999 Covered Play Structure (@50%) 1,056 GSFTotal 63,228 GSF


2015


9% Escalation


13.5% Escalation

SITE FINDINGS

5,100 5,558 5,788Bus load and unload signage 5,100 5,558 5,788Drainage improvements 15,299 16,675 17,364Provide accessible paths to playfields and covered play 79,552 86,712 90,292



Replace fire alarm system 177,463 193,434 201,420

40,796 44,468 46,30350,995 55,585 57,879

Upgrade intercom system to include call in switch for emergency use 20,398 22,234 23,152

Building Findings - Health | Life Safety Subtotal $289,652 $315,720 $328,755

Restripe student load and unload parking area

Provide interior relites to transfer daylight

Revise relief dampers at the south building wall to avoid letting cold air into the classrooms

Page 1

Page 2


Replace boilers 509,950 555,846 578,79330,597 33,351 34,728

191,741 208,998 217,626

30,597 33,351 34,72812,000 13,080 13,620

Replace 2 sewer pumps (nearing the end of their expected life) 18,000 19,620 20,430

Building Findings - Infrastructure Subtotal $762,885 $831,545 $865,875


Replace vinyl surface on the gym operable wall 44,060 48,025 50,008285,342 311,022 323,863

Replace HVAC controls 846,517 922,704 960,797Upgrade lighting controls to meet current energy code 163,184 177,871 185,214


EDUCATIONAL PROGRAM

Provide acoustic wall panels at the Gymnasium 80,776 88,046 91,681

Educational Program Subtotal $80,776 $88,046 $91,681


TOTAL SUMMARY OF FINDINGS $2,577,465 $2,809,437 $2,925,423Total Postpone, Patch and Repair (2-3 years) $238,657 $260,136 $270,875

Rebalance hydronic flows (imbalance could be part of the above

Master clock system is not integrated into the 2010 Bogen Quantum system rack

Repaint interior of the building including hollow metal doors and

Replace coils in the classroom air handing units to handle cold

Replace 2 water heaters

Page 3

TOTAL IMMEDIATE ASSET PRESERVATION

TOTAL IMMEDIATE ASSET PRESERVATION $599,343 $653,284 $680,254

TOTAL ASSET CONSIDERATIONS

TOTAL ASSET CONSIDERATIONS $1,566,963 $1,707,989 $1,778,503

Sakai Intermediate School :: Project Capital Costs :: April 2015 *72,892 GROSS SQUARE FEET

Summaryof

Findings


Immediate Asset

Preservation

Asset Considerations

$2,557,465 $5,325,387 $599,343$238,657

$1,566,963


Woodward Middle School

WOODWARD MIDDLE SCHOOLSUMMARY OF FINDINGS AND CAPITAL COSTS

1994 Upper Level 74,636 GSF1994 Lower Level 18,691 GSF1994 Basement 2,689 GSF1994 Covered Play Structure (@50%) 2,629 GSFTotal 98,645 GSF


2015


9% Escalation


13.5% Escalaton

SITE FINDINGS

Student load and unload improvements 161,960 176,537 183,825ADA access for buses 15,299 16,675 17,364Improve site storm water management 134,831 146,966 153,033Improve field storm water management 44,162 48,136 50,123


BLDG FINDINGS- ACCESSIBILITY (ADA) | HEALTH | LIFE SAFETY

Upgrade intercom system to include call in switch for emergency use 30,597 33,351 34,728Replace fire alarm control 254,975 277,923 289,397Add exhaust ventilation to the specialized learning areas 101,990 111,169 115,759Architectural Cut/Patch and Ceiling Repair for Mech/Elect Work 293,780 320,220 333,440Lack of access control at the entry creates a potential safety issue 114,229 124,509 129,650



Replace HVAC units (next 5-8 years) 2,741,491 2,988,225 3,111,593Page 1

Replace air handler variable frequency drives (VFDs) 122,388 133,403 138,910Replace HVAC controls (obsolete) 1,315,671 1,434,081 1,493,287



Replace vinyl wall covering in corridors 153,165 166,949 173,842Repaint interior of the building 440,670 480,331 500,161Replace water heaters 101,990 111,169 115,759Repair or replace modular buildings (6 total) 1,040,298 1,133,925 1,180,738Upgrade lighting and controls to meet current energy code 1,427,860 1,556,367 1,620,621


EDUCATIONAL PROGRAM

5,014,848 5,466,185 5,691,853





TOTAL IMMEDIATE ASSET PRESERVATION $1,421,537 $1,549,475 $1,613,444

TOTAL ASSET CONSIDERATIONS

TOTAL ASSET CONSIDERATIONS $6,780,597 $7,390,851 $7,695,978

Collaboration and small group learning spaces 4,500 GSF Modernizations and 4,500 GSF Addition

Page 2

Woodward Middle School :: Project Capital Costs :: April 2015 *102,825 GROSS SQUARE FEET

Summaryof

Findings


Immediate Asset

Preservation

Asset Considerations

$13,510,203 $3,328,237 $1,421,537 $6,780,597


Bainbridge High School

BAINBRIDGE HIGH SCHOOL - 100 BUILDINGSUMMARY OF FINDINGS AND CAPITAL COSTS

1970 Main Floor 41,509 GSFTotal 41,509 GSF


2015


9% Escalation


13.5% Escalation


101,990 111,169 115,759Upgrade intercom system to include call in switch for emergency use 12,239 13,340 13,891Add fire sprinkler system 326,368 355,741 370,428Fire Service to Building 41,306 45,023 46,882Replace non-functioning drinking fountains (all are non-functioning) 24,478 26,681 27,782Replace galvanized domestic water piping with copper 530,348 578,079 601,945Replace egress lighting with emergency type 17,950 19,566 20,374Teaching spaces lack adequate access to daylight 0 0 0Add exhaust ventilation to the specialized learning areas 183,582 200,104 208,366(Includes Home & Family Life, Art Room and Wood Shop)



Replace roofing (add insulation to entire roof) 1,372,041 1,495,525 1,557,266

305,970 333,507 347,276

2,753,730 3,001,566 3,125,484

803,681 876,013 912,178

Upgrade fire alarm system. Replace smoke detectors at the end of their useful life

Repair | replace the canopy open atrium floor framing and deck to address rot

Replace the entire HVAC system (assume rooftop hydronic unit type, also potential health issue)

Provide lateral and shear support to meet current earthquake code requirements Page 1

1,227,960 1,338,476 1,393,734

Architectural Patch and Repair for Mech/Elect/Seismic 677,360 738,323 768,804Replace electrical distribution panels and circuitry 305,970 333,507 347,276Replace voice and data system to meet District standards 112,189 122,286 127,335



202,552 220,782 229,897Repaint interior of the building 211,675 230,726 240,251

5,865,343 6,393,224 6,657,164Replace all plumbing fixtures throughout the building 301,890 329,061 342,646


EDUCATIONAL PROGRAM

Collaboration and small group learning spaces

Educational Program Subtotal




TOTAL POSTPONE, PATCH AND REPAIR $7,183,578 $7,091,777 $7,384,557



Modest renewal allowance for the entire building (ceilings, flooring, paint; $800,000 theater | large group instruction space (LGI) allowance)

Most door hardware is failing and does not meet current code (replace)

Structural modifications and upgrades to support program and system modernization

Page 2


1981 19,182 GSF1999 24,058 GSF1999 20,976 GSFTotal 64,216 GSF


2015


9% Escalation


13.5% Escalation


199,248 217,180 226,146Upgrade intercom system to include call in switch for emergency use 196,482 214,165 223,007

30,597 33,351 34,728Add fall protection to the vaulted roof 101,990 111,169 115,759

163,184 177,871 185,214



1,886,223 2,055,984 2,140,864Replace water heaters 20,398 22,234 23,152Replace plumbing fixtures in 1981 portion of the building 122,388 133,403 138,910

265,174 289,040 300,972Replace hydronic fan coil units in the mechanical mezzanine and controls 785,323 856,002 891,342

Main Floor

Second Floor

Abate | replace cement asbestos board soffits and fascia panels around perimeter of the building


Upgrade telephone, technology infrastructure and data closets to District standards

Science classrooms on the first floor lack adequate access to daylight - add relites to 5 classrooms

Corroding roofing fasteners | worn finish - Replace metal and membrane roof and add insulation

Main Floor

Page 1

Page 2

Improper ventilation in the Art Room 81,592 88,935 92,607Upgrade master clock to Bogen Quantum series 21,418 23,346 24,309



Modest renewal allowance for the entire building 2,816,238 3,069,699 3,196,430


EDUCATIONAL PROGRAM

Daylighting 0 0 0

Educational Program Subtotal






1999 26,183 GSF1999 Upper Floor 9,961 GSFTotal 36,144 GSF


2015

Project Cost

2017 Bid 9%

Escalation


13.5% Escalation


73,433 80,042 83,346

61,194 66,701 69,455



Corroding roofing fasteners | worn finish 1,431,980 1,560,859 1,625,298Replace Boiler Room burners 199,900 217,891 226,887Add fall protection to the vaulted roof 101,990 111,169 115,759Upgrade master clock to Bogen Quantum series 11,219 12,229 12,733


Main Floor

Upgrade intercom | telephone | voice/data system to current District


Page 1


Replace damaged mechanical grilles in Gymnasium 32,637 35,574 37,043

2,211,796 2,410,858 2,510,388






Modest renewal allowance for the entire building (especially the locker rooms) paint, refinish floors, new lockers, new equipment

Page 2

Page 1


1981 Middle Floor 5,839 GSF1981 Upper Floor 6,796 GSF1981 Lower Floor 20,183 GSF

Total 32,818 GSF


2015


9% Escalation


13.5% Escalation


305,664 333,174 346,929Add fire sprinkler system 244,776 266,806 277,821Cut/Patch/Ceilings at Mech/Electrical Upgrades 535,537 583,736 607,835Add roof tie off system 101,990 111,169 115,759

50,995 55,585 57,879



3,329,443 3,629,093 3,778,918Replace plumbing fixtures 183,582 200,104 208,366Replace water heater with larger capacity size 101,990 111,169 115,759

17,338 18,899 19,679Install new exhaust system and make-up air units at the Wrestling Gymnasium 132,587 144,520 150,486(Assume only a new exhaust fan, duct, etc. not in total) 0

1,937,810 2,112,213 2,199,414

(Includes Gym, Commodore Kitchen|Commons, BISD Boardroom)

Replace entire HVAC system to eliminate over-pressurization of the building

Abate | replace cement asbestos board soffits and fascia panels around perimeter of the building

Upgrade fire alarm system. Replace smoke detectors at the end of their

Upgrade exterior building envelope to increase energy performance and reduce heat loss

Upgrade telephone, technology infrastructure and data closets to District

Page 2

Replace switchboard and electrical distribution system 163,184 177,871 185,214Upgrade illumination and lighting control except in Gyms 93,831 102,276 106,498Upgrade master clock to Bogen Quantum series 10,199 11,117 11,576



Repaint interior of the building 167,355 182,417 189,948Replace air grilles in the Gymnasium with heavy-duty grilles 32,637 35,574 37,043

3,347,108 3,648,348 3,798,967



TOTAL SUMMARY OF FINDINGS $10,756,027 $11,724,069 $12,208,090Total Postpone, Patch and Repair (2-3 years) $3,731,304 $4,067,122 $4,235,030


TOTAL IMMEDIATE ASSET PRESERVATION $3,665,317 $3,995,195 $4,160,134

Investigate and repair water intrusion at west wall. Renovate interior of the Lower Gym (floors, walls, wall coverings, doors, hardware, signs, equipment)

Bainbridge High School :: Project Capital Costs :: April 2015 *

Summaryof

Findings

New in Lieu

PostponePatch

&Repair

Immediate Asset

PreservationOther

Considerations

100 Building $15,378,622 $27,022,727 $7,183,578 $1,269,266

300 Building $6,690,254 $653,756

$853,004

400 Building $4,124,149 $145,846

500 Building $10,756,027 $3,665,317

$3,731,304


Commodore Options School

Page 1

COMMODORE OPTIONS SCHOOL (K-12)1948 Original Building 20,538 GSF1949 Addition 4,381 GSF1970 Addition 13,127 GSF1978 Addition 4,274 GSF1981 Addition 13,021 GSF1948 Covered Playshed (@50%) 998 GSF

56,339 GSF

SUMMARY OF FINDINGS AND CAPITAL COSTSProject

Cost 2015


9% Escalation


13.5% Escalation


Install fire sprinkler system 356,965 389,092 405,155Install fire pump 203,980 222,338 231,517Pump House/Enclosure 183,582 200,104 208,366Fire service to building 40,796 44,468 46,303ADA ramp and walkway from Madison Avenue 71,393 77,818 81,031Replace galvanized domestic water piping with copper 611,940 667,015 694,552

1,040,298 1,133,925 1,180,738

693,532 755,950 787,159

508,298 554,045 576,918

611,940 667,015 694,552607,860 662,568 689,922

611,940 667,015 694,552

529,010 576,621 600,426

Provide lateral and shear support to meet current earthquake code requirements 1948/49 Wing

Structural modifications and upgrades to support program and system modernizations 1948/49 Wing

Provide lateral and shear support to meet current earthquake code requirements 1970/78/81 Bldgs

Structural modifications and upgrades to support program and system modernizations 1970/78/81 Bldgs

Architectural Patch and Repair for Abatement/Mech/Elect/Seismic 1948/51 Wing

Architectural Patch and Repair for Abatement/Mech/Elect/Seismic 1970/78/81 Bldgs

Demolish south wing (1948/49 wing)

Page 2


Replace HVAC system and controls for areas still on steam system 1,733,830 1,889,875 1,967,897Replace controls in areas still on steam system 407,960 444,676 463,035Replace all plumbing fixtures 254,975 277,923 289,397Allowance to replace underground waste mains 285,572 311,273 324,124

584,780 637,410 663,725



TOTAL SUMMARY OF FINDINGS $9,338,651 $10,179,130 $10,599,3692,670,800$ $2,911,172 $3,031,358


TOTAL POSTPONE, PATCH & REPAIR $5,524,225 $6,021,405 $6,269,996

Total Postpone, Patch and Repair (2-3 years)

Replace suspending ceiling tiles throughout

Commodore Options School :: Project Capital Costs :: April 2015 *

Summaryof

FindingsNew in Lieu

PostponePatch

&Repair

$9,338,651 $33,097,790 $5,524,225$2,670,800

*Estimates include “Soft” Costs

Summaryof

Findings

New in Lieu

Add/Mod

PostponePatch

&Repair

Immediate Asset

PreservationOther

Considerations

Blakely$28,821,865 $38,964,667

$38,156,500$3,947,625 $1,509,452

Ordway$29,817,343 $38,891,842

$38,090,158$2,180,760$1,377,722

$4,397,809

Sakai$2,557,465 $5,325,387 $599,343

$238,657$1,566,963

Woodward$13,510,203 $3,328,237 $1,421,537 $6,780,597

Blakely, Ordway, Sakai and Woodward

Summaryof

Findings

New in Lieu

PostponePatch

&Repair

Immediate Asset

PreservationOther

Considerations

100 Building$15,378,622 $27,022,727 $7,183,578 $1,269,266

300 Building$6,690,254 $653,756

$853,004

400 Building$4,124,149 $145,846

500 Building

Commodore(North)

$10,756,027

$9,338,651 $33,097,790 $5,524,225$2,670,800

$3,665,317$3,731,304

Bainbridge High School and Commodore

Blakely $60.3M

Blakely & 100 Building Classrooms $63.2M

Blakely $38,964,667

Ordway $1,377,722

Sakai $ 238,657

Woodward $ 1,421,537

BHS 100 $13,750,000

BHS 300 $ 853,004

BHS 400 $ 145,846

BHS 500 $ 3,732,304

Commodore $ 2,670,800

TOTALS -$ 52,714,667$ 4,048,522$ 6,391,348$ -$ 63,154,537$

Immediate Asset

Preservation


Postpone Patch & Repair

New In LieuSummary

of Findings

2005-2025 COST ESCALATION

Tax Rate and Assessed Value (AV) Information

Federal Way School District No. 210 1.4409 3.7540 1.2206 - 6.4155 236,000 1,514Tahoma School District No. 409 2.3675 3.2621 0.5381 - 6.1677 371,000 2,288Auburn School District No. 408 1.4205 3.8597 0.8607 - 6.1408 206,000 1,265Bremerton School District No. 100 1.3567 3.8156 0.6460 - 5.8183 132,950 (1) 774 (1)

Tukwila School District No. 406 1.7344 3.4749 0.2923 - 5.5016 189,000 1,040Kent School District No. 415 1.4065 3.6285 0.3787 - 5.4137 241,000 1,305Highline School District No. 401 1.7087 3.6789 - - 5.3877 269,000 1,449Central Kitsap School District No. 401 - 3.3125 1.9012 - 5.2137 239,775 (2) 1,250 (2)

Enumclaw School District No. 216 1.4677 3.5011 0.2441 - 5.2130 229,000 1,194Shoreline School District No. 412 1.8833 2.5592 0.3139 - 4.7563 343,000 1,631Renton School District No. 403 1.7141 2.4155 0.4634 - 4.5930 280,000 1,286Fife School District No. 417 1.2658 3.3123 - - 4.5781 247,000 1,131Northshore School District No. 417 1.9327 2.1501 0.3538 - 4.4367 557,000 2,471North Kitsap School District No. 400 1.5498 2.7996 - - 4.3494 268,780 (3) 1,169 (3)

Riverview School District No. 407 1.2211 2.4253 0.5582 - 4.2046 437,000 1,837Issaquah School District No. 411 1.5935 1.9535 0.5126 0.0763 4.1360 441,000 1,824Vashon Island School District No. 402 1.7150 1.7064 0.4062 - 3.8276 384,000 1,470Snoqualmie Valley School District No. 410 1.1883 2.2236 0.3945 - 3.8063 295,000 1,123South Kitsap School District No. 402 - 3.6864 - - 3.6864 217,980 (4) 804 (4)

North Mason School District No. 403 1.2847 2.2114 - - 3.4961 N/A N/A (5)

Lake Washington School District No. 414 0.8703 1.4570 0.9719 - 3.2992 570,000 1,881Bainbridge Island School District No. 303 1.2334 1.6770 0.3876 - 3.2981 486,295 (6) 1,604 (6)

Bellevue School District No. 405 1.3662 1.2049 0.5567 - 3.1278 599,000 1,874Mercer Island School District No. 400 0.8302 1.3808 0.5119 - 2.7229 900,000 2,451Seattle School District No. 1 - 1.2778 1.1131 - 2.3908 430,000 1,028Skykomish School District No. 404 - 1.8251 - - 1.8251 133,000 243

Source: King County and Kitsap County Assessor's Office

(1) City of Bremerton data

(2) Central Kitsap Unincorporated data

(3) Average of City of Poulsbo and North Kitsap Unincorporated data

(4) Average of City of Port Orchard and South Kitsap Unincorporated data

(5) Mason County Treasurer's Office data

(6) City of Bainbridge Island data

Median Residence Assessed Value ($)

Median Residence Total Levy ($)

King and Kitsap County School Districts2015 Total Tax Rates

District Bonds ($) M&O ($) Trans. ($) Total ($)Capital

Projects ($)

Capital Investment Impact on Levy Rate

Rating: Aa2 Moody's Rating

Interest Rates: Current Rates plus 150 bps

Assessed Value Increases at:

Actual 2014

Actual 2015

Issue 1 Issue 2 Issue 3 TotalBonds Issued: 6/1/16 12/1/17 12/1/18Issue Size: $21.070M $21.065M ######### $63.20MTerm (years): 19.5 20.0 20.0

Year Bond AV

Bond AV Growth

Rate M&O Levy

Tech. Levy

($000's) Prior Debt

Fed. Reimb. Pymt 2016 2017 2018

Total New Bonds

Debt Service

Fund Incr/

(Decr)

Total Bond Levy

Total School

LevyM&O Levy

Tech. Levy

Prior Debt

Fed. Reimb. Pymt 2016 2017 2018

Total New

Bonds

Debt Service

Fund Incr/

(Decr)Total

Bonds

Total School

Levy Rate Year

2000 2,391,309 N/A 4,625 - 7,510 7,510 12,135 1.96 - 3.18 3.18 5.13 20002001 2,765,808 15.66% 4,846 - 5,389 5,389 10,235 1.75 - 1.95 1.95 3.70 20012002 3,094,510 11.88% 4,959 - 8,156 8,156 13,114 1.60 - 2.64 2.64 4.24 20022003 3,594,607 16.16% 5,284 - 5,330 5,330 10,614 1.47 - 1.48 1.48 2.95 20032004 3,648,243 1.49% 5,584 - 5,300 5,300 10,884 1.53 - 1.45 1.45 2.98 20042005 3,958,862 8.51% 5,899 - 5,049 5,049 10,948 1.49 - 1.28 1.28 2.77 20052006 4,722,824 19.30% 6,199 - 5,400 5,400 11,598 1.31 - 1.14 1.14 2.46 20062007 5,628,928 19.19% 6,607 1,525 8,834 8,834 16,966 1.17 0.27 1.57 1.57 3.01 20072008 6,577,671 16.85% 7,061 1,525 7,499 7,499 16,086 1.07 0.23 1.14 1.14 2.45 20082009 6,778,093 3.05% 7,507 1,525 7,800 7,800 16,832 1.11 0.22 1.15 1.15 2.48 20092010 6,207,278 -8.42% 7,966 1,525 7,750 - 7,750 17,241 1.28 0.25 1.25 1.25 2.78 20102011 5,603,072 -9.73% 8,932 900 6,200 - - 6,200 16,032 1.59 0.16 1.11 1.11 2.86 20112012 5,349,046 -4.53% 8,732 1,325 7,100 - - 7,100 17,157 1.63 0.25 1.33 1.33 3.21 20122013 5,188,972 -2.99% 8,705 1,525 7,100 (926) - 7,100 17,330 1.68 0.29 1.37 1.37 3.34 20132014 5,199,203 0.20% 8,905 1,525 8,243 (926) - - - - 183 7,500 17,930 1.71 0.29 1.59 (0.18) - - - - 0.04 1.44 3.45 20142015 5,675,247 9.16% 9,519 2,200 8,215 (926) - - - - (289) 7,000 18,719 1.68 0.39 1.45 (0.16) - - - - (0.05) 1.23 3.30 20152016 5,731,999 1.00% 9,600 2,200 8,203 (926) - - - - 7,277 19,077 1.67 0.38 1.43 (0.16) - - - - - 1.27 3.33 20162017 5,789,319 1.00% 9,700 2,200 7,943 (926) 1,427 - - 1,427 - 8,444 20,344 1.68 0.38 1.37 (0.16) 0.25 - - 0.25 - 1.46 3.51 20172018 5,847,212 1.00% 8,000 2,200 7,960 (926) 1,652 1,645 - 3,296 10,330 20,530 1.37 0.38 1.36 (0.16) 0.28 0.28 - 0.56 - 1.77 3.51 20182019 5,905,685 1.00% 8,000 2,200 8,052 (926) 1,239 1,125 1,047 3,411 10,537 20,737 1.35 0.37 1.36 (0.16) 0.21 0.19 0.18 0.58 - 1.78 3.51 20192020 5,964,741 1.00% 8,000 2,200 8,270 (926) 1,235 1,116 1,047 3,398 10,742 20,942 1.34 0.37 1.39 (0.16) 0.21 0.19 0.18 0.57 - 1.80 3.51 20202021 6,024,389 1.00% 8,000 2,200 8,330 (918) 1,330 1,166 1,047 3,543 10,955 21,155 1.33 0.37 1.38 (0.15) 0.22 0.19 0.17 0.59 - 1.82 3.51 20212022 6,084,633 1.00% 8,000 2,200 8,204 (909) 1,546 1,275 1,047 3,868 11,162 21,362 1.31 0.36 1.35 (0.15) 0.25 0.21 0.17 0.64 - 1.83 3.51 20222023 6,145,479 1.00% 8,000 2,200 8,167 (897) 1,707 1,354 1,047 4,108 11,377 21,577 1.30 0.36 1.33 (0.15) 0.28 0.22 0.17 0.67 - 1.85 3.51 20232024 6,206,934 1.00% 8,000 2,200 8,401 (885) 1,685 1,343 1,047 4,076 11,592 21,792 1.29 0.35 1.35 (0.14) 0.27 0.22 0.17 0.66 - 1.87 3.51 20242025 6,269,003 1.00% 8,000 2,200 8,524 (873) 1,736 1,377 1,047 4,161 11,812 22,012 1.28 0.35 1.36 (0.14) 0.28 0.22 0.17 0.66 - 1.88 3.51 20252026 6,331,693 1.00% 8,000 2,200 7,313 (863) 2,693 1,843 1,047 5,583 12,034 22,234 1.26 0.35 1.15 (0.14) 0.43 0.29 0.17 0.88 - 1.90 3.51 20262027 6,395,010 1.00% 8,000 2,200 5,631 (827) 3,933 2,468 1,047 7,449 12,253 22,453 1.25 0.34 0.88 (0.13) 0.62 0.39 0.16 1.16 - 1.92 3.51 20272028 6,458,960 1.00% 8,000 2,200 2,283 (768) 3,730 3,642 3,592 10,964 12,479 22,679 1.24 0.34 0.35 (0.12) 0.58 0.56 0.56 1.70 - 1.93 3.51 20282029 6,523,550 1.00% 8,000 2,200 8,032 (442) 1,438 1,691 1,990 5,119 12,709 22,909 1.23 0.34 1.23 (0.07) 0.22 0.26 0.31 0.78 - 1.95 3.51 20292030 6,588,785 1.00% 8,000 2,200 486 - 1,151 1,421 1,702 4,275 4,760 14,960 1.21 0.33 0.07 - 0.17 0.22 0.26 0.65 - 0.72 2.27 20302031 6,654,673 1.00% 8,000 2,200 484 - 1,213 1,461 1,753 4,427 4,911 15,111 1.20 0.33 0.07 - 0.18 0.22 0.26 0.67 - 0.74 2.27 20312032 6,721,220 1.00% 8,000 2,200 487 - 1,252 1,518 1,809 4,579 5,066 15,266 1.19 0.33 0.07 - 0.19 0.23 0.27 0.68 - 0.75 2.27 20322033 6,788,432 1.00% 8,000 2,200 489 - 1,304 1,563 1,862 4,728 5,217 15,417 1.18 0.32 0.07 - 0.19 0.23 0.27 0.70 - 0.77 2.27 20332034 6,856,316 1.00% 8,000 2,200 - - 1,522 1,774 2,076 5,373 5,373 15,573 1.17 0.32 - - 0.22 0.26 0.30 0.78 - 0.78 2.27 20342035 6,924,880 1.00% 8,000 2,200 - - 1,567 1,834 2,124 5,526 5,526 15,726 1.16 0.32 - - 0.23 0.26 0.31 0.80 - 0.80 2.27 20352036 6,994,128 1.00% 8,000 2,200 - - - 2,693 2,988 5,681 5,681 15,881 1.14 0.31 - - - 0.39 0.43 0.81 - 0.81 2.27 20362037 7,064,070 1.00% 8,000 2,200 - - - 2,773 3,069 5,841 5,841 16,041 1.13 0.31 - - - 0.39 0.43 0.83 - 0.83 2.27 20372038 7,134,710 1.00% 8,000 2,200 - - - - 6,003 6,003 6,003 16,203 1.12 0.31 - - - - 0.84 0.84 - 0.84 2.27 20382039 7,206,058 1.00% 8,000 2,200 - - - - - - - 10,200 1.11 0.31 - - - - - - - - 1.42 20392040 7,278,118 1.00% 8,000 2,200 - - - - - - - 10,200 1.10 0.30 - - - - - - - - 1.40 2040

Total Debt Service $33,359 $35,083 $38,396 $106,838Total Interest $12,289 $14,018 $17,331 $43,638Bond Yield 4.48% 4.58% 5.01%Run Date: 5.27.15

Tax Rate Impact:Calculation Factors

Bainbridge Island School District No. 303Scenario 1: February 2016 Election, $63.2 million, 3 Sales, Wrapped Level Total School Levy Rate

0.20%

- Bond Tax Rate in 2017 = $1.46 per $1,000 AV- School Tax Rate in 2017 = $3.51 per $1,000 AV

1.00%

Assessed Value Summary ($000's) Levy Rate DetailLevy Amount Detail ($000's)

9.16%

NOTES:- QSCB/BAB reimbursements reflect 7.2% reduction- Debt Service reflects sinking funds payments for the QSCB

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

-

1.00

2.00

3.00

4.00

5.00

Projected Tax Rates - Scenario 1$63.2M Wrapped Level Total Tax Rate

Levy / $1000 Assessed Value

M&O Levy Tech Levy Existing Bonds 2016 Bonds 2017 Bonds 2018 Bonds




Actual 2014

Actual 2015

Issue 1 Issue 2 Issue 3 TotalBonds Issued: 6/1/16 12/1/17 12/1/18Issue Size: $21.07M $21.07M $21.07M $63.20MTerm (years): 19.5 20.0 20.0

Year Bond AV

Bond AV Growth

Rate M&O Levy

Tech. Levy

($000's) Prior Debt

Fed. Reimb. Pymt 2016 2017 2018

Total New Bonds

Debt Service

Fund Incr/

(Decr)

Total Bond Levy

Total School

LevyM&O Levy

Tech. Levy

Prior Debt

Fed. Reimb. Pymt 2016 2017 2018

Total New

Bonds

Debt Service

Fund Incr/

(Decr)Total

Bonds

Total School

Levy Rate Year

2000 2,391,309 N/A 4,625 - 7,510 7,510 12,135 1.96 - 3.18 3.18 5.13 20002001 2,765,808 15.66% 4,846 - 5,389 5,389 10,235 1.75 - 1.95 1.95 3.70 20012002 3,094,510 11.88% 4,959 - 8,156 8,156 13,114 1.60 - 2.64 2.64 4.24 20022003 3,594,607 16.16% 5,284 - 5,330 5,330 10,614 1.47 - 1.48 1.48 2.95 20032004 3,648,243 1.49% 5,584 - 5,300 5,300 10,884 1.53 - 1.45 1.45 2.98 20042005 3,958,862 8.51% 5,899 - 5,049 5,049 10,948 1.49 - 1.28 1.28 2.77 20052006 4,722,824 19.30% 6,199 - 5,400 5,400 11,598 1.31 - 1.14 1.14 2.46 20062007 5,628,928 19.19% 6,607 1,525 8,834 8,834 16,966 1.17 0.27 1.57 1.57 3.01 20072008 6,577,671 16.85% 7,061 1,525 7,499 7,499 16,086 1.07 0.23 1.14 1.14 2.45 20082009 6,778,093 3.05% 7,507 1,525 7,800 7,800 16,832 1.11 0.22 1.15 1.15 2.48 20092010 6,207,278 -8.42% 7,966 1,525 7,750 - 7,750 17,241 1.28 0.25 1.25 1.25 2.78 20102011 5,603,072 -9.73% 8,932 900 6,200 - - 6,200 16,032 1.59 0.16 1.11 1.11 2.86 20112012 5,349,046 -4.53% 8,732 1,325 7,100 - - 7,100 17,157 1.63 0.25 1.33 1.33 3.21 20122013 5,188,972 -2.99% 8,705 1,525 7,100 (926) - 7,100 17,330 1.68 0.29 1.37 1.37 3.34 20132014 5,199,203 0.20% 8,905 1,525 8,243 (926) - - - - 183 7,500 17,930 1.71 0.29 1.59 (0.18) - - - - 0.04 1.44 3.45 20142015 5,675,247 9.16% 9,519 2,200 8,215 (926) - - - - (289) 7,000 18,719 1.68 0.39 1.45 (0.16) - - - - (0.05) 1.23 3.30 20152016 5,731,999 1.00% 9,600 2,200 8,203 (926) - - - - 7,277 19,077 1.67 0.38 1.43 (0.16) - - - - - 1.27 3.33 20162017 5,789,319 1.00% 9,700 2,200 7,943 (926) 1,731 - - 1,731 - 8,747 20,647 1.68 0.38 1.37 (0.16) 0.30 - - 0.30 - 1.51 3.57 20172018 5,847,212 1.00% 8,000 2,200 7,960 (926) 1,733 1,650 - 3,383 10,417 20,617 1.37 0.38 1.36 (0.16) 0.30 0.28 - 0.58 - 1.78 3.53 20182019 5,905,685 1.00% 8,000 2,200 8,052 (926) 1,732 1,654 1,650 5,036 12,161 22,361 1.35 0.37 1.36 (0.16) 0.29 0.28 0.28 0.85 - 2.06 3.79 20192020 5,964,741 1.00% 8,000 2,200 8,270 (926) 1,732 1,650 1,654 5,035 12,379 22,579 1.34 0.37 1.39 (0.16) 0.29 0.28 0.28 0.84 - 2.08 3.79 20202021 6,024,389 1.00% 8,000 2,200 8,330 (918) 1,734 1,652 1,650 5,036 12,447 22,647 1.33 0.37 1.38 (0.15) 0.29 0.27 0.27 0.84 - 2.07 3.76 20212022 6,084,633 1.00% 8,000 2,200 8,204 (909) 1,734 1,652 1,652 5,038 12,333 22,533 1.31 0.36 1.35 (0.15) 0.28 0.27 0.27 0.83 - 2.03 3.70 20222023 6,145,479 1.00% 8,000 2,200 8,167 (897) 1,735 1,649 1,652 5,037 12,306 22,506 1.30 0.36 1.33 (0.15) 0.28 0.27 0.27 0.82 - 2.00 3.66 20232024 6,206,934 1.00% 8,000 2,200 8,401 (885) 1,733 1,654 1,649 5,037 12,552 22,752 1.29 0.35 1.35 (0.14) 0.28 0.27 0.27 0.81 - 2.02 3.67 20242025 6,269,003 1.00% 8,000 2,200 8,524 (873) 1,733 1,651 1,654 5,038 12,689 22,889 1.28 0.35 1.36 (0.14) 0.28 0.26 0.26 0.80 - 2.02 3.65 20252026 6,331,693 1.00% 8,000 2,200 7,313 (863) 1,735 1,654 1,651 5,040 11,490 21,690 1.26 0.35 1.15 (0.14) 0.27 0.26 0.26 0.80 - 1.81 3.43 20262027 6,395,010 1.00% 8,000 2,200 5,631 (827) 1,732 1,650 1,654 5,037 9,840 20,040 1.25 0.34 0.88 (0.13) 0.27 0.26 0.26 0.79 - 1.54 3.13 20272028 6,458,960 1.00% 8,000 2,200 2,283 (768) 1,731 1,652 1,650 5,033 6,548 16,748 1.24 0.34 0.35 (0.12) 0.27 0.26 0.26 0.78 - 1.01 2.59 20282029 6,523,550 1.00% 8,000 2,200 8,032 (442) 1,735 1,650 1,652 5,037 12,627 22,827 1.23 0.34 1.23 (0.07) 0.27 0.25 0.25 0.77 - 1.94 3.50 20292030 6,588,785 1.00% 8,000 2,200 486 - 1,734 1,650 1,650 5,034 5,520 15,720 1.21 0.33 0.07 - 0.26 0.25 0.25 0.76 - 0.84 2.39 20302031 6,654,673 1.00% 8,000 2,200 484 - 1,733 1,650 1,650 5,033 5,517 15,717 1.20 0.33 0.07 - 0.26 0.25 0.25 0.76 - 0.83 2.36 20312032 6,721,220 1.00% 8,000 2,200 487 - 1,730 1,650 1,650 5,030 5,517 15,717 1.19 0.33 0.07 - 0.26 0.25 0.25 0.75 - 0.82 2.34 20322033 6,788,432 1.00% 8,000 2,200 489 - 1,731 1,654 1,650 5,035 5,524 15,724 1.18 0.32 0.07 - 0.26 0.24 0.24 0.74 - 0.81 2.32 20332034 6,856,316 1.00% 8,000 2,200 - - 1,730 1,651 1,654 5,035 5,035 15,235 1.17 0.32 - - 0.25 0.24 0.24 0.73 - 0.73 2.22 20342035 6,924,880 1.00% 8,000 2,200 - - 1,730 1,652 1,651 5,033 5,033 15,233 1.16 0.32 - - 0.25 0.24 0.24 0.73 - 0.73 2.20 20352036 6,994,128 1.00% 8,000 2,200 - - - 1,654 1,652 3,306 3,306 13,506 1.14 0.31 - - - 0.24 0.24 0.47 - 0.47 1.93 20362037 7,064,070 1.00% 8,000 2,200 - - - 1,652 1,654 3,306 3,306 13,506 1.13 0.31 - - - 0.23 0.23 0.47 - 0.47 1.91 20372038 7,134,710 1.00% 8,000 2,200 - - - - 1,652 1,652 1,652 11,852 1.12 0.31 - - - - 0.23 0.23 - 0.23 1.66 20382039 7,206,058 1.00% 8,000 2,200 - - - - - - - 10,200 1.11 0.31 - - - - - - - - 1.42 20392040 7,278,118 1.00% 8,000 2,200 - - - - - - - 10,200 1.10 0.30 - - - - - - - - 1.40 2040

Total Debt Service $32,917 $33,031 $33,031 $98,979Total Interest $11,847 $11,966 $11,966 $35,779 3.79 Bond Yield 4.37% 4.35% 4.22% 0.46 Run Date: 5.27.15 2.59

- School Tax Rate in 2017 = $3.57 per $1,000 AV

Bainbridge Island School District No. 303Scenario 2: February 2016 Election, $63.2 million, 3 Sales, Level Debt Service

Calculation Factors Tax Rate Impact:- Bond Tax Rate in 2017 = $1.51 per $1,000 AV

0.20%

9.16%

1.00%

Assessed Value Summary ($000's) Levy Amount Detail ($000's) Levy Rate Detail


2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

-

1.00

2.00

3.00

4.00

5.00

Projected Tax Rates - Scenario 2$63.2M Level Debt Service


Existing Bonds 2016 Bonds 2017 Bonds 2018 Bonds M&O Levy Tech Levy




Actual 2014

Actual 2015

Issue 1 Issue 2 Issue 3 Issue 4 Issue 5 Issue 6 TotalBonds Issued: 6/1/16 12/1/17 12/1/18 6/1/2019 12/1/2021 12/1/2023Issue Size: $21.070M $21.065M ######### $33.805M $33.805M $33.800M $164.61MTerm (years): 19.5 20.0 20.0 19.5 20.0 20.0

Year Bond AV

Bond AV Growth

Rate M&O Levy

Tech. Levy

($000's) Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New Bonds

Debt Service

Fund Incr/

(Decr)

Total Bond Levy

Total School

LevyM&O Levy

Tech. Levy

Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New

Bonds

Debt Service

Fund Incr/

(Decr)Total

Bonds

Total School

Levy Rate Year

2000 2,391,309 N/A 4,625 - 7,510 7,510 12,135 1.96 - 3.18 3.18 5.13 20002001 2,765,808 15.66% 4,846 - 5,389 5,389 10,235 1.75 - 1.95 1.95 3.70 20012002 3,094,510 11.88% 4,959 - 8,156 8,156 13,114 1.60 - 2.64 2.64 4.24 20022003 3,594,607 16.16% 5,284 - 5,330 5,330 10,614 1.47 - 1.48 1.48 2.95 20032004 3,648,243 1.49% 5,584 - 5,300 5,300 10,884 1.53 - 1.45 1.45 2.98 20042005 3,958,862 8.51% 5,899 - 5,049 5,049 10,948 1.49 - 1.28 1.28 2.77 20052006 4,722,824 19.30% 6,199 - 5,400 5,400 11,598 1.31 - 1.14 1.14 2.46 20062007 5,628,928 19.19% 6,607 1,525 8,834 8,834 16,966 1.17 0.27 1.57 1.57 3.01 20072008 6,577,671 16.85% 7,061 1,525 7,499 7,499 16,086 1.07 0.23 1.14 1.14 2.45 20082009 6,778,093 3.05% 7,507 1,525 7,800 7,800 16,832 1.11 0.22 1.15 1.15 2.48 20092010 6,207,278 -8.42% 7,966 1,525 7,750 - 7,750 17,241 1.28 0.25 1.25 1.25 2.78 20102011 5,603,072 -9.73% 8,932 900 6,200 - - 6,200 16,032 1.59 0.16 1.11 1.11 2.86 20112012 5,349,046 -4.53% 8,732 1,325 7,100 - - 7,100 17,157 1.63 0.25 1.33 1.33 3.21 20122013 5,188,972 -2.99% 8,705 1,525 7,100 (926) - 7,100 17,330 1.68 0.29 1.37 1.37 3.34 20132014 5,199,203 0.20% 8,905 1,525 8,243 (926) - - - - - - - 183 7,500 17,930 1.71 0.29 1.59 (0.18) - - - - - - - 0.04 1.44 3.45 20142015 5,675,247 9.16% 9,519 2,200 8,215 (926) - - - - - - - (289) 7,000 18,719 1.68 0.39 1.45 (0.16) - - - - - - - (0.05) 1.23 3.30 20152016 5,731,999 1.00% 9,600 2,200 8,203 (926) - - - - - - - 7,277 19,077 1.67 0.38 1.43 (0.16) - - - - - - - - 1.27 3.33 20162017 5,789,319 1.00% 9,700 2,200 7,943 (926) 4,235 - - - - - 4,235 - 11,252 23,152 1.68 0.38 1.37 (0.16) 0.73 - - - - - 0.73 - 1.94 4.00 20172018 5,847,212 1.00% 8,000 2,200 7,960 (926) 2,987 3,159 - - - - 6,146 13,180 23,380 1.37 0.38 1.36 (0.16) 0.51 0.54 - - - - 1.05 - 2.25 4.00 20182019 5,905,685 1.00% 8,000 2,200 8,052 (926) 1,936 2,115 2,230 - - - 6,281 13,407 23,607 1.35 0.37 1.36 (0.16) 0.33 0.36 0.38 - - - 1.06 - 2.27 4.00 20192020 5,964,741 1.00% 8,000 2,200 8,270 (926) 1,056 890 1,003 3,361 - - 6,310 13,654 23,854 1.34 0.37 1.39 (0.16) 0.18 0.15 0.17 0.56 - - 1.06 - 2.29 4.00 20202021 6,024,389 1.00% 8,000 2,200 8,330 (918) 1,285 890 1,003 3,298 - - 6,476 13,887 24,087 1.33 0.37 1.38 (0.15) 0.21 0.15 0.17 0.55 - - 1.07 - 2.31 4.00 20212022 6,084,633 1.00% 8,000 2,200 8,204 (909) 920 890 1,003 2,208 1,821 - 6,842 14,137 24,337 1.31 0.36 1.35 (0.15) 0.15 0.15 0.16 0.36 0.30 - 1.12 - 2.32 4.00 20222023 6,145,479 1.00% 8,000 2,200 8,167 (897) 971 890 1,003 2,371 1,871 - 7,106 14,375 24,575 1.30 0.36 1.33 (0.15) 0.16 0.14 0.16 0.39 0.30 - 1.16 - 2.34 4.00 20232024 6,206,934 1.00% 8,000 2,200 8,401 (885) 659 890 1,003 1,432 1,553 1,592 7,129 14,645 24,845 1.29 0.35 1.35 (0.14) 0.11 0.14 0.16 0.23 0.25 0.26 1.15 - 2.36 4.00 20242025 6,269,003 1.00% 8,000 2,200 8,524 (873) 659 890 1,003 1,447 1,613 1,607 7,219 14,871 25,071 1.28 0.35 1.36 (0.14) 0.11 0.14 0.16 0.23 0.26 0.26 1.15 - 2.37 4.00 20252026 6,331,693 1.00% 8,000 2,200 7,313 (863) 839 890 1,003 1,686 2,406 1,847 8,672 15,122 25,322 1.26 0.35 1.15 (0.14) 0.13 0.14 0.16 0.27 0.38 0.29 1.37 - 2.39 4.00 20262027 6,395,010 1.00% 8,000 2,200 5,631 (827) 1,227 890 1,003 2,007 3,277 2,169 10,572 15,376 25,576 1.25 0.34 0.88 (0.13) 0.19 0.14 0.16 0.31 0.51 0.34 1.65 - 2.40 4.00 20272028 6,458,960 1.00% 8,000 2,200 2,283 (768) 1,810 1,285 1,003 3,818 3,433 2,765 14,115 15,630 25,830 1.24 0.34 0.35 (0.12) 0.28 0.20 0.16 0.59 0.53 0.43 2.19 - 2.42 4.00 20282029 6,523,550 1.00% 8,000 2,200 8,032 (442) 839 1,142 1,003 1,582 1,932 1,805 8,302 15,892 26,092 1.23 0.34 1.23 (0.07) 0.13 0.17 0.15 0.24 0.30 0.28 1.27 - 2.44 4.00 20292030 6,588,785 1.00% 8,000 2,200 486 - 2,066 2,364 1,258 2,804 4,135 3,039 15,666 16,152 26,352 1.21 0.33 0.07 - 0.31 0.36 0.19 0.43 0.63 0.46 2.38 - 2.45 4.00 20302031 6,654,673 1.00% 8,000 2,200 484 - 2,104 2,405 2,626 2,835 2,869 3,091 15,930 16,414 26,614 1.20 0.33 0.07 - 0.32 0.36 0.39 0.43 0.43 0.46 2.39 - 2.47 4.00 20312032 6,721,220 1.00% 8,000 2,200 487 - 2,143 2,458 2,651 2,883 2,917 3,140 16,193 16,679 26,879 1.19 0.33 0.07 - 0.32 0.37 0.39 0.43 0.43 0.47 2.41 - 2.48 4.00 20322033 6,788,432 1.00% 8,000 2,200 489 - 2,194 2,491 2,699 2,922 2,962 3,192 16,460 16,949 27,149 1.18 0.32 0.07 - 0.32 0.37 0.40 0.43 0.44 0.47 2.42 - 2.50 4.00 20332034 6,856,316 1.00% 8,000 2,200 - - 2,313 2,620 2,820 3,049 3,089 3,329 17,220 17,220 27,420 1.17 0.32 - - 0.34 0.38 0.41 0.44 0.45 0.49 2.51 - 2.51 4.00 20342035 6,924,880 1.00% 8,000 2,200 - - 2,361 2,653 2,864 5,335 3,146 1,138 17,497 17,497 27,697 1.16 0.32 - - 0.34 0.38 0.41 0.77 0.45 0.16 2.53 - 2.53 4.00 20352036 6,994,128 1.00% 8,000 2,200 - - - 3,184 3,390 3,512 3,670 4,018 17,774 17,774 27,974 1.14 0.31 - - - 0.46 0.48 0.50 0.52 0.57 2.54 - 2.54 4.00 20362037 7,064,070 1.00% 8,000 2,200 - - - 3,236 3,443 3,565 3,726 4,082 18,052 18,052 28,252 1.13 0.31 - - - 0.46 0.49 0.50 0.53 0.58 2.56 - 2.56 4.00 20372038 7,134,710 1.00% 8,000 2,200 - - - - 4,325 6,888 4,607 2,516 18,336 18,336 28,536 1.12 0.31 - - - - 0.61 0.97 0.65 0.35 2.57 - 2.57 4.00 20382039 7,206,058 1.00% 8,000 2,200 - - - - - - 2,007 2,493 4,500 4,500 14,700 1.11 0.31 - - - - - - 0.28 0.35 0.62 - 0.62 2.04 20392040 7,278,118 1.00% 8,000 2,200 - - - - - - 2,084 2,564 4,648 4,648 14,848 1.10 0.30 - - - - - - 0.29 0.35 0.64 - 0.64 2.04 20402041 7,350,899 1.00% 8,000 2,200 - - - - - - 2,157 2,638 4,795 4,795 14,995 1.09 0.30 - - - - - - 0.29 0.36 0.65 - 0.65 2.04 20412042 7,424,408 1.00% 8,000 2,200 - - - - - - - 4,943 4,943 4,943 15,143 1.08 0.30 - - - - - - - 0.67 0.67 - 0.67 2.04 20422043 7,498,652 1.00% 8,000 2,200 - - - - - - - 5,093 5,093 5,093 15,293 1.07 0.29 - - - - - - - 0.68 0.68 - 0.68 2.04 20432044 7,573,639 1.00% 8,000 2,200 - - - - - - - - - - 10,200 1.06 0.29 - - - - - - - - - - - 1.35 2044

Total Debt Service $32,605 $36,229 $38,341 $57,003 $55,275 $57,059 $276,511Total Interest $11,535 $15,164 $17,276 $23,198 $21,470 $23,259 $111,901Bond Yield 4.38% 4.79% 5.05% 4.33% 4.79% 4.85%Run Date: 5.27.15

- School Tax Rate in 2017 = $4 per $1,000 AV

Bainbridge Island School District No. 303Scenario 3: February 2016 Election, $63.2 million, 3 Sales, February 2019 Election, $101.41 million, 3 Sales, Wrapped Level Levy Rate


0.20%

9.16%

1.00%



2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

2039

2040

2041

2042

2043

-

1.00

2.00

3.00

4.00

5.00

Projected Tax Rates - Scenario 3$164.6M Wrapped Level Tax Rate


Existing Bonds 2016 Bonds 2017 Bonds 2018 Bonds M&O LevyTech Levy 2019 Bonds 2021 Bonds 2023 Bonds




Actual 2014

Actual 2015


Year Bond AV

Bond AV Growth

Rate M&O Levy

Tech. Levy

($000's) Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New Bonds

Debt Service

Fund Incr/

(Decr)

Total Bond Levy

Total School

LevyM&O Levy

Tech. Levy

Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New

Bonds

Debt Service

Fund Incr/

(Decr)Total

Bonds

Total School

Levy Rate Year

2000 2,391,309 N/A 4,625 - 7,510 7,510 12,135 1.96 - 3.18 3.18 5.13 20002001 2,765,808 15.66% 4,846 - 5,389 5,389 10,235 1.75 - 1.95 1.95 3.70 20012002 3,094,510 11.88% 4,959 - 8,156 8,156 13,114 1.60 - 2.64 2.64 4.24 20022003 3,594,607 16.16% 5,284 - 5,330 5,330 10,614 1.47 - 1.48 1.48 2.95 20032004 3,648,243 1.49% 5,584 - 5,300 5,300 10,884 1.53 - 1.45 1.45 2.98 20042005 3,958,862 8.51% 5,899 - 5,049 5,049 10,948 1.49 - 1.28 1.28 2.77 20052006 4,722,824 19.30% 6,199 - 5,400 5,400 11,598 1.31 - 1.14 1.14 2.46 20062007 5,628,928 19.19% 6,607 1,525 8,834 8,834 16,966 1.17 0.27 1.57 1.57 3.01 20072008 6,577,671 16.85% 7,061 1,525 7,499 7,499 16,086 1.07 0.23 1.14 1.14 2.45 20082009 6,778,093 3.05% 7,507 1,525 7,800 7,800 16,832 1.11 0.22 1.15 1.15 2.48 20092010 6,207,278 -8.42% 7,966 1,525 7,750 - 7,750 17,241 1.28 0.25 1.25 1.25 2.78 20102011 5,603,072 -9.73% 8,932 900 6,200 - - 6,200 16,032 1.59 0.16 1.11 1.11 2.86 20112012 5,349,046 -4.53% 8,732 1,325 7,100 - - 7,100 17,157 1.63 0.25 1.33 1.33 3.21 20122013 5,188,972 -2.99% 8,705 1,525 7,100 (926) - 7,100 17,330 1.68 0.29 1.37 1.37 3.34 20132014 5,199,203 0.20% 8,905 1,525 8,243 (926) - - - - - - - 183 7,500 17,930 1.71 0.29 1.59 (0.18) - - - - - - - 0.04 1.44 3.45 20142015 5,675,247 9.16% 9,519 2,200 8,215 (926) - - - - - - - (289) 7,000 18,719 1.68 0.39 1.45 (0.16) - - - - - - - (0.05) 1.23 3.30 20152016 5,731,999 1.00% 9,600 2,200 8,203 (926) - - - - - - - 7,277 19,077 1.67 0.38 1.43 (0.16) - - - - - - - - 1.27 3.33 20162017 5,789,319 1.00% 9,700 2,200 7,943 (926) 1,731 - - - - - 1,731 - 8,747 20,647 1.68 0.38 1.37 (0.16) 0.30 - - - - - 0.30 - 1.51 3.57 20172018 5,847,212 1.00% 8,000 2,200 7,960 (926) 1,733 1,650 - - - - 3,383 10,417 20,617 1.37 0.38 1.36 (0.16) 0.30 0.28 - - - - 0.58 - 1.78 3.53 20182019 5,905,685 1.00% 8,000 2,200 8,052 (926) 1,732 1,654 1,650 - - - 5,036 12,161 22,361 1.35 0.37 1.36 (0.16) 0.29 0.28 0.28 - - - 0.85 - 2.06 3.79 20192020 5,964,741 1.00% 8,000 2,200 8,270 (926) 1,732 1,650 1,654 2,781 - - 7,816 15,160 25,360 1.34 0.37 1.39 (0.16) 0.29 0.28 0.28 0.47 - - 1.31 - 2.54 4.25 20202021 6,024,389 1.00% 8,000 2,200 8,330 (918) 1,734 1,652 1,650 2,780 - - 7,816 15,227 25,427 1.33 0.37 1.38 (0.15) 0.29 0.27 0.27 0.46 - - 1.30 - 2.53 4.22 20212022 6,084,633 1.00% 8,000 2,200 8,204 (909) 1,734 1,652 1,652 2,781 2,649 - 10,468 17,763 27,963 1.31 0.36 1.35 (0.15) 0.28 0.27 0.27 0.46 0.44 - 1.72 - 2.92 4.60 20222023 6,145,479 1.00% 8,000 2,200 8,167 (897) 1,735 1,649 1,652 2,780 2,649 - 10,466 17,735 27,935 1.30 0.36 1.33 (0.15) 0.28 0.27 0.27 0.45 0.43 - 1.70 - 2.89 4.55 20232024 6,206,934 1.00% 8,000 2,200 8,401 (885) 1,733 1,654 1,649 2,781 2,653 2,649 13,120 20,635 30,835 1.29 0.35 1.35 (0.14) 0.28 0.27 0.27 0.45 0.43 0.43 2.11 - 3.32 4.97 20242025 6,269,003 1.00% 8,000 2,200 8,524 (873) 1,733 1,651 1,654 2,777 2,651 2,648 13,115 20,766 30,966 1.28 0.35 1.36 (0.14) 0.28 0.26 0.26 0.44 0.42 0.42 2.09 - 3.31 4.94 20252026 6,331,693 1.00% 8,000 2,200 7,313 (863) 1,735 1,654 1,651 2,778 2,651 2,653 13,122 19,572 29,772 1.26 0.35 1.15 (0.14) 0.27 0.26 0.26 0.44 0.42 0.42 2.07 - 3.09 4.70 20262027 6,395,010 1.00% 8,000 2,200 5,631 (827) 1,732 1,650 1,654 2,779 2,652 2,651 13,119 17,923 28,123 1.25 0.34 0.88 (0.13) 0.27 0.26 0.26 0.43 0.41 0.41 2.05 - 2.80 4.40 20272028 6,458,960 1.00% 8,000 2,200 2,283 (768) 1,731 1,652 1,650 2,780 2,648 2,651 13,112 14,627 24,827 1.24 0.34 0.35 (0.12) 0.27 0.26 0.26 0.43 0.41 0.41 2.03 - 2.26 3.84 20282029 6,523,550 1.00% 8,000 2,200 8,032 (442) 1,735 1,650 1,652 2,781 2,650 2,652 13,119 20,709 30,909 1.23 0.34 1.23 (0.07) 0.27 0.25 0.25 0.43 0.41 0.41 2.01 - 3.17 4.74 20292030 6,588,785 1.00% 8,000 2,200 486 - 1,734 1,650 1,650 2,780 2,651 2,648 13,113 13,599 23,799 1.21 0.33 0.07 - 0.26 0.25 0.25 0.42 0.40 0.40 1.99 - 2.06 3.61 20302031 6,654,673 1.00% 8,000 2,200 484 - 1,733 1,650 1,650 2,782 2,648 2,649 13,113 13,597 23,797 1.20 0.33 0.07 - 0.26 0.25 0.25 0.42 0.40 0.40 1.97 - 2.04 3.58 20312032 6,721,220 1.00% 8,000 2,200 487 - 1,730 1,650 1,650 2,782 2,650 2,651 13,113 13,600 23,800 1.19 0.33 0.07 - 0.26 0.25 0.25 0.41 0.39 0.39 1.95 - 2.02 3.54 20322033 6,788,432 1.00% 8,000 2,200 489 - 1,731 1,654 1,650 2,780 2,650 2,648 13,112 13,601 23,801 1.18 0.32 0.07 - 0.26 0.24 0.24 0.41 0.39 0.39 1.93 - 2.00 3.51 20332034 6,856,316 1.00% 8,000 2,200 - - 1,730 1,651 1,654 2,777 2,648 2,649 13,109 13,109 23,309 1.17 0.32 - - 0.25 0.24 0.24 0.41 0.39 0.39 1.91 - 1.91 3.40 20342035 6,924,880 1.00% 8,000 2,200 - - 1,730 1,652 1,651 2,778 2,651 2,649 13,111 13,111 23,311 1.16 0.32 - - 0.25 0.24 0.24 0.40 0.38 0.38 1.89 - 1.89 3.37 20352036 6,994,128 1.00% 8,000 2,200 - - - 1,654 1,652 2,778 2,652 2,648 11,384 11,384 21,584 1.14 0.31 - - - 0.24 0.24 0.40 0.38 0.38 1.63 - 1.63 3.09 20362037 7,064,070 1.00% 8,000 2,200 - - - 1,652 1,654 2,780 2,648 2,650 11,385 11,385 21,585 1.13 0.31 - - - 0.23 0.23 0.39 0.37 0.38 1.61 - 1.61 3.06 20372038 7,134,710 1.00% 8,000 2,200 - - - - 1,652 2,781 2,653 2,652 9,738 9,738 19,938 1.12 0.31 - - - - 0.23 0.39 0.37 0.37 1.36 - 1.36 2.79 20382039 7,206,058 1.00% 8,000 2,200 - - - - - - 2,652 2,648 5,300 5,300 15,500 1.11 0.31 - - - - - - 0.37 0.37 0.74 - 0.74 2.15 20392040 7,278,118 1.00% 8,000 2,200 - - - - - - 2,650 2,648 5,298 5,298 15,498 1.10 0.30 - - - - - - 0.36 0.36 0.73 - 0.73 2.13 20402041 7,350,899 1.00% 8,000 2,200 - - - - - - 2,652 2,652 5,303 5,303 15,503 1.09 0.30 - - - - - - 0.36 0.36 0.72 - 0.72 2.11 20412042 7,424,408 1.00% 8,000 2,200 - - - - - - - 2,650 2,650 2,650 12,850 1.08 0.30 - - - - - - - 0.36 0.36 - 0.36 1.73 20422043 7,498,652 1.00% 8,000 2,200 - - - - - - - 2,652 2,652 2,652 12,852 1.07 0.29 - - - - - - - 0.35 0.35 - 0.35 1.71 20432044 7,573,639 1.00% 8,000 2,200 - - - - - - - - - - 10,200 1.06 0.29 - - - - - - - - - - - 1.35 2044



Bainbridge Island School District No. 303Scenario 4: February 2016 Election, $63.2 million, 3 Sales, February 2019 Election, $101.41 million, 3 Sales, Level Debt Service


0.20%

9.16%

1.00%



59

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

2039

2040

2041

2042

2043

-

1.00

2.00

3.00

4.00

5.00

Projected Tax Rates - Scenario 4$164.6M Level Debt ServiceLevy / $1000 Assessed Value

Existing Bonds 2016 Bonds 2017 Bonds 2018 Bonds M&O LevyTech Levy 2019 Bonds 2021 Bonds 2023 Bonds

60




Actual 2014

Actual 2015


Year Bond AV

Bond AV Growth

Rate M&O Levy

Tech. Levy

($000's) Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New Bonds

Debt Service

Fund Incr/

(Decr)

Total Bond Levy

Total School

LevyM&O Levy

Tech. Levy

Prior Debt

Fed. Reimb. Pymt 2016 2017 2018 2019 2021 2023

Total New

Bonds

Debt Service

Fund Incr/

(Decr)Total

Bonds

Total School

Levy Rate Year

2000 2,391,309 N/A 4,625 - 7,510 7,510 12,135 1.96 - 3.18 3.18 5.13 20002001 2,765,808 15.66% 4,846 - 5,389 5,389 10,235 1.75 - 1.95 1.95 3.70 20012002 3,094,510 11.88% 4,959 - 8,156 8,156 13,114 1.60 - 2.64 2.64 4.24 20022003 3,594,607 16.16% 5,284 - 5,330 5,330 10,614 1.47 - 1.48 1.48 2.95 20032004 3,648,243 1.49% 5,584 - 5,300 5,300 10,884 1.53 - 1.45 1.45 2.98 20042005 3,958,862 8.51% 5,899 - 5,049 5,049 10,948 1.49 - 1.28 1.28 2.77 20052006 4,722,824 19.30% 6,199 - 5,400 5,400 11,598 1.31 - 1.14 1.14 2.46 20062007 5,628,928 19.19% 6,607 1,525 8,834 8,834 16,966 1.17 0.27 1.57 1.57 3.01 20072008 6,577,671 16.85% 7,061 1,525 7,499 7,499 16,086 1.07 0.23 1.14 1.14 2.45 20082009 6,778,093 3.05% 7,507 1,525 7,800 7,800 16,832 1.11 0.22 1.15 1.15 2.48 20092010 6,207,278 -8.42% 7,966 1,525 7,750 - 7,750 17,241 1.28 0.25 1.25 1.25 2.78 20102011 5,603,072 -9.73% 8,932 900 6,200 - - 6,200 16,032 1.59 0.16 1.11 1.11 2.86 20112012 5,349,046 -4.53% 8,732 1,325 7,100 - - 7,100 17,157 1.63 0.25 1.33 1.33 3.21 20122013 5,188,972 -2.99% 8,705 1,525 7,100 (926) - 7,100 17,330 1.68 0.29 1.37 1.37 3.34 20132014 5,199,203 0.20% 8,905 1,525 8,243 (926) - - - - - - - 183 7,500 17,930 1.71 0.29 1.59 (0.18) - - - - - - - 0.04 1.44 3.45 20142015 5,675,247 9.16% 9,519 2,200 8,215 (926) - - - - - - - (289) 7,000 18,719 1.68 0.39 1.45 (0.16) - - - - - - - (0.05) 1.23 3.30 20152016 5,731,999 1.00% 9,600 2,200 8,203 (926) - - - - - - - 7,277 19,077 1.67 0.38 1.43 (0.16) - - - - - - - - 1.27 3.33 20162017 5,789,319 1.00% 9,700 2,200 7,943 (926) 1,401 - - - - - 1,401 - 8,418 20,318 1.68 0.38 1.37 (0.16) 0.24 - - - - - 0.24 - 1.45 3.51 20172018 5,847,212 1.00% 8,000 2,200 7,960 (926) 2,234 1,048 - - - - 3,283 10,317 20,517 1.37 0.38 1.36 (0.16) 0.38 0.18 - - - - 0.56 - 1.76 3.51 20182019 5,905,685 1.00% 8,000 2,200 8,052 (926) 1,286 1,048 1,065 - - - 3,399 10,524 20,724 1.35 0.37 1.36 (0.16) 0.22 0.18 0.18 - - - 0.58 - 1.78 3.51 20192020 5,964,741 1.00% 8,000 2,200 8,270 (926) 2,239 1,048 1,065 2,789 - - 7,142 14,485 24,685 1.34 0.37 1.39 (0.16) 0.38 0.18 0.18 0.47 - - 1.20 - 2.43 4.14 20202021 6,024,389 1.00% 8,000 2,200 8,330 (918) 2,951 1,048 1,065 2,258 - - 7,322 14,734 24,934 1.33 0.37 1.38 (0.15) 0.49 0.17 0.18 0.37 - - 1.22 - 2.45 4.14 20212022 6,084,633 1.00% 8,000 2,200 8,204 (909) 1,425 1,048 1,065 1,880 2,275 - 7,693 14,988 25,188 1.31 0.36 1.35 (0.15) 0.23 0.17 0.18 0.31 0.37 - 1.26 - 2.46 4.14 20222023 6,145,479 1.00% 8,000 2,200 8,167 (897) 1,156 1,048 1,065 1,935 2,764 - 7,968 15,237 25,437 1.30 0.36 1.33 (0.15) 0.19 0.17 0.17 0.31 0.45 - 1.30 - 2.48 4.14 20232024 6,206,934 1.00% 8,000 2,200 8,401 (885) 815 1,048 1,065 1,846 1,587 1,618 7,980 15,496 25,696 1.29 0.35 1.35 (0.14) 0.13 0.17 0.17 0.30 0.26 0.26 1.29 - 2.50 4.14 20242025 6,269,003 1.00% 8,000 2,200 8,524 (873) 837 1,053 1,065 1,710 1,815 1,618 8,098 15,749 25,949 1.28 0.35 1.36 (0.14) 0.13 0.17 0.17 0.27 0.29 0.26 1.29 - 2.51 4.14 20252026 6,331,693 1.00% 8,000 2,200 7,313 (863) 1,078 1,398 1,065 1,847 2,554 1,618 9,560 16,010 26,210 1.26 0.35 1.15 (0.14) 0.17 0.22 0.17 0.29 0.40 0.26 1.51 - 2.53 4.14 20262027 6,395,010 1.00% 8,000 2,200 5,631 (827) 1,392 1,714 1,065 3,549 2,133 1,618 11,470 16,274 26,474 1.25 0.34 0.88 (0.13) 0.22 0.27 0.17 0.55 0.33 0.25 1.79 - 2.54 4.14 20272028 6,458,960 1.00% 8,000 2,200 2,283 (768) 1,981 2,304 1,065 5,325 2,728 1,618 15,020 16,536 26,736 1.24 0.34 0.35 (0.12) 0.31 0.36 0.16 0.82 0.42 0.25 2.33 - 2.56 4.14 20282029 6,523,550 1.00% 8,000 2,200 8,032 (442) 1,009 1,334 1,065 2,426 1,762 1,618 9,214 16,804 27,004 1.23 0.34 1.23 (0.07) 0.15 0.20 0.16 0.37 0.27 0.25 1.41 - 2.58 4.14 20292030 6,588,785 1.00% 8,000 2,200 486 - 2,235 2,556 1,065 3,859 3,951 2,923 16,588 17,074 27,274 1.21 0.33 0.07 - 0.34 0.39 0.16 0.59 0.60 0.44 2.52 - 2.59 4.14 20302031 6,654,673 1.00% 8,000 2,200 484 - 2,283 2,601 2,790 2,846 3,003 3,343 16,864 17,348 27,548 1.20 0.33 0.07 - 0.34 0.39 0.42 0.43 0.45 0.50 2.53 - 2.61 4.14 20312032 6,721,220 1.00% 8,000 2,200 487 - 2,315 2,663 2,865 2,851 3,050 3,391 17,135 17,622 27,822 1.19 0.33 0.07 - 0.34 0.40 0.43 0.42 0.45 0.50 2.55 - 2.62 4.14 20322033 6,788,432 1.00% 8,000 2,200 489 - 2,374 2,688 2,906 2,898 3,099 3,447 17,412 17,900 28,100 1.18 0.32 0.07 - 0.35 0.40 0.43 0.43 0.46 0.51 2.56 - 2.64 4.14 20332034 6,856,316 1.00% 8,000 2,200 - - 2,495 2,810 3,035 3,028 3,228 3,588 18,183 18,183 28,383 1.17 0.32 - - 0.36 0.41 0.44 0.44 0.47 0.52 2.65 - 2.65 4.14 20342035 6,924,880 1.00% 8,000 2,200 - - 2,534 2,855 3,081 3,076 3,288 3,634 18,468 18,468 28,668 1.16 0.32 - - 0.37 0.41 0.44 0.44 0.47 0.52 2.67 - 2.67 4.14 20352036 6,994,128 1.00% 8,000 2,200 - - - 3,422 3,643 3,639 3,844 4,205 18,752 18,752 28,952 1.14 0.31 - - - 0.49 0.52 0.52 0.55 0.60 2.68 - 2.68 4.14 20362037 7,064,070 1.00% 8,000 2,200 - - - 3,478 3,695 3,691 3,909 4,268 19,041 19,041 29,241 1.13 0.31 - - - 0.49 0.52 0.52 0.55 0.60 2.70 - 2.70 4.14 20372038 7,134,710 1.00% 8,000 2,200 - - - - 4,645 4,632 4,849 5,211 19,338 19,338 29,538 1.12 0.31 - - - - 0.65 0.65 0.68 0.73 2.71 - 2.71 4.14 20382039 7,206,058 1.00% 8,000 2,200 - - - - - - 1,493 1,851 3,344 3,344 13,544 1.11 0.31 - - - - - - 0.21 0.26 0.46 - 0.46 1.88 20392040 7,278,118 1.00% 8,000 2,200 - - - - - - 1,558 1,924 3,482 3,482 13,682 1.10 0.30 - - - - - - 0.21 0.26 0.48 - 0.48 1.88 20402041 7,350,899 1.00% 8,000 2,200 - - - - - - 1,620 1,997 3,618 3,618 13,818 1.09 0.30 - - - - - - 0.22 0.27 0.49 - 0.49 1.88 20412042 7,424,408 1.00% 8,000 2,200 - - - - - - - 3,753 3,753 3,753 13,953 1.08 0.30 - - - - - - - 0.51 0.51 - 0.51 1.88 20422043 7,498,652 1.00% 8,000 2,200 - - - - - - - 3,893 3,893 3,893 14,093 1.07 0.29 - - - - - - - 0.52 0.52 - 0.52 1.88 20432044 7,573,639 1.00% 8,000 2,200 - - - - - - - - - - 10,200 1.06 0.29 - - - - - - - - - - - 1.35 2044


0.20%

9.16%

1.00%



Bainbridge Island School District No. 303Scenario 5: February 2016 Election, $63.2 million, 3 Sales, February 2019 Election, $101.41 million, 3 Sales, Wrapped Level Levy Rate, Initial rate 3.51



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Projected Tax Rates - Scenario 5$164.6M Wrapped Level Tax Rate with Step-Up


Existing Bonds 2016 Bonds 2017 Bonds 2018 Bonds M&O Levy Tech Levy 2019 Bonds 2021 Bonds 2023 Bonds

DISCUSSION :: Next Steps

Next Steps:: Blakely Educational Specifications:: D-1 State Match:: BHS 100 Building Classrooms - $7.2M (PP&R)

Educational SpecificationsProgram (Special Education, Learning Strategies, Drafting,

Composite Engineering, Wood Tech, Art, FASCE)Adjacencies/SitePerforming Arts (Guitar, Choir, Drama)

:: Central campus assessment:: Ordway and Commodore

Interim Functional Equity:: Communication:: Community involvement:: Tax implications:: Board decision-October/February

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Master Plan 2015 Bainbridge Island School District Master Plan :: Update 28 May 2015.

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