Capital spending inequity between the east and west sides of Yavapai County continues
The College reviewed its tentative 2017-18 capital development budget with the District Governing Board on March 7, 2017. It appears that the Board will approve spending a total of $5,547,000 on capital projects in 2017-18.
The revenue for the projects will come primarily from property taxes, Proposition 301 sales taxes, and income from investments. About 24% of the expenditure is on the East side of the County for the Sedona Center. The remaining 76% will be spent on the Prescott Valley Center and improvements on the Prescott Campus.
Here is the breakdown:
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Prescott – building one – visual arts phase 2: $304,500
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Prescott – building 15 – arts/music design, construction $1,692,400
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Prescott – open space improvements – $320,000
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Prescott Valley – renovation design, const. $1,086,000
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Prescott Valley – land adjacent to building 40 $460,000
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Prescott Valley – building 40 – second floor $180,000
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Sedona Center renovation and construction – $1,345,000
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On-campus signage – campus unknown – $160,000
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Total capital projects: $5,547,900
The discussion during the District Governing board meeting on March 7, 2017 that focus specifically on capital development spending is reproduced below.