FirmoGraphs keeps its clients up to date on capital plans of interest for long-term business development. We help our customers use this information to gain a competitive advantage and improve proactive conversations with their clients. We recently processed the latest capital spending plan by the Frederick County, Maryland. Here are our observations.
In the CIP covering the 2024-2029 fiscal years, Frederick County detailed plans to spend $1.4 billion on capital projects, an increase of 24% from $1.2 billion in its 2023-2028 CIP. The current CIP has 175 line items, compared to 157 line items in the prior CIP. The table below breaks down Frederick County’s planned capital spending by business area for its last two CIPs.
*Numbers are Rounded
Most Significant Increase Goes to Construction of Schools
The Board of Education comprises the largest funding in the recent CIP, also increased by 35% or nearly $127 million. The increase goes to constructing seven projects through Fiscal Year 2029 that provide solutions to the growing enrollment in Frederick County. These projects will increase elementary school capacity by 1,984 seats and middle school capacity by 319.
Board of Education Projects to Receive Nearly $400 Million
Frederick County, Maryland, has two notable line items valued at over $50 million and six valued at over $40 million. The largest line item is the Middletown Co-located ES/MS replacement, worth $96 million, under the Board of Education category. The project involves a 157,374 gross square feet co-located replacement school with educational spaces for an elementary school program serving grades 3 through 5 and a middle school program serving grades 6 to 8, entirely separate but co-located in one facility. In addition, $85 million is planned for the Ballenger-McKinney WWTP Sludge Management, formally known as McKinney WWTP Phase 1, under the Water & Sewer category. Listed below are the other notable line items, all belonging to the Board of Education category:
- Eastern Frederick ES - worth $50 million for a new elementary school to serve the new residential subdivisions on the east side of Frederick City, as well as the growing communities located in the County along I-70 east of Frederick City.
- Liberty ES: Replacement - worth $49 million. This project will replace the existing multi-story building, with nearly 43,000 square feet, and has a state-rated capacity (SRC) of 274 to 725 rated capacity.
- Northern Frederick City area ES New (Yellow Springs ES) - worth $49 million. This project will construct the replacement school at a site in the Tuscarora Creek subdivision, near Walter Martz Road and Christopher’s Crossing, in the City of Frederick, and will have a 745 SRC.
- Southern Frederick area elementary school - worth $46 million. The project is planned to be a new school with a state-rated capacity of 725.
- Valley ES Replacement/Addition - worth $43 million. The new school will include bid alternates for additional education spaces (2 special ed classrooms), a computer data center, a bus parking lot on site, and a cooperative Parks & Recreation gym.
- Green Valley ES Replacement/Addition - worth $40 million. The new approximately 86,000 square feet building will have a state-rated capacity of roughly 725.
How FirmoGraphs Can Help
FirmoGraphs curates data about U.S. public sector markets, including transportation improvement programs, regulatory developments, and other critical information. We help our customers use this information to gain a competitive advantage and improve proactive conversations with their clients. We’d be glad to meet with you and help your company sort through the wealth of information in improvement programs and other publicly available documents. Feel free to request a meeting and review the data live on our Business Intelligence platform.