 |
Estimated Budget
| EXPENSES |
| |
| Construction Costs Per School [8
schools in total] |
| |
|
|
| Architectural Design and Consultation |
|
$10,000 |
| Project Management |
|
In-Kind Contribution |
| Demolition |
|
$13,063 |
| Materials and Labor |
|
$163,427 |
| Furniture |
|
$36,977 |
| Total Construction Costs |
|
$223,467 |
| Total Construction Cost Per School |
|
$223,467 |
| |
|
|
| Books & Technology |
|
|
| |
|
|
Collection of 4,000 new volumes
(with the
2,000 existing for a total of 6000 volumes) |
|
$50,000 |
| Computer hardware, Internet access, Software and Cables |
|
$20,364 |
| Audio-visual equipment |
|
$2,500 |
| Periodical subscriptions |
|
$1,000 |
| Reference Materials (included in the 4,000 volumes) |
|
$0 |
| Total Books & Technology |
|
$73,864 |
| |
|
|
| Average Per School Cost |
|
$297,331 |
| Total Eight School Cost |
|
$2,378,648 |
| |
|
|
UNEARNED INCOME
[Contributions & Matching
Funds Made or Promised to Date] |
| |
|
|
| Government Support |
|
|
| |
|
|
DCPS Federal Appropriation
(a $50K per school fund available to all DCPS elementary schools for library books and technology) |
|
$400,000 |
DCPS Federal Match
(a $50K per school fund available for all DCPS elementary schools for library physical upgrades) |
|
$400,000 |
| DCPS Special Contribution(funds committed by DCPS specifically for the School Libraries Project |
|
$500,000 |
| Special DC Federal Appropriation earmarked for the School Libraries Project |
|
$99,000 |
| |
|
|
| Foundation and Non-Profit Support |
|
|
| |
|
|
| Capitol Hill Community Foundation |
|
$277,063 |
| Other Foundations and Non-Profit Organizations |
|
$276,825 |
| |
|
|
| Corporate and Corporate Foundation Support |
|
$144,525 |
| |
|
|
| Individual Donations |
|
$356,535 |
| |
|
|
| Total Income to Date |
|
$2,453,948 |
Note: The money raised above the initial renovation costs remain in a fund managed by the Capitol Hill Community Foundation to support the library programs and continuing material needs.
|
|
 
 |
