 |
Estimated Budget
| EXPENSES |
| |
| Construction Costs Per School [8
schools in total] |
| |
|
|
| Architectural Design and Consultation |
|
In-Kind Contribution |
| Project Management |
|
In-Kind Contribution |
| Demolition |
|
$10,000 |
| Materials and Labor |
|
$135,000 |
| Furniture |
|
$35,000 |
| Total Construction Costs |
|
$180,000 |
| Construction Contingency |
|
$30,000 |
| Total Construction Cost Per School |
|
$210,000 |
| |
|
|
| 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 |
|
$30,000 |
| Audio-visual equipment |
|
$5,000 |
| Periodical subscriptions |
|
$500 |
| Reference Materials |
|
$14,500 |
| Total Books & Technology |
|
$100,000 |
| |
|
|
| Average Per School Cost |
|
$310,000 |
| Total Eight School Cost |
|
$2,480,000 |
| |
|
|
| |
|
|
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 Support |
|
|
| |
|
|
| Capitol Hill Community Foundation |
|
$256,769 |
| Other Foundations |
|
$203,750 |
| |
|
|
| Individual & Corporate Support
|
|
|
| |
|
|
| Corporate Support |
|
$145,050 |
| Individual Donations |
|
$374,431 |
| |
|
|
| Total Income to Date |
|
$2,380,000 |
| Fundraising Goal Balance |
|
$100,000 |
|
|
 |
