Perkiomen Valley School District Annual Report 2017-18 Annual Report 2017-18 1 | Page 15

BUDGET p. 15 PVSD Annual Report 2017-18 www.pvsd.org Capital Improvements Made in 2017-18 The 2017-18 budget also included funding for a num- ber of capital improvements, such as: • New roofs at the high school, Middle School East, Evergreen, Skippack, South and administration building • Pool renovations at the high school • 21 new HVAC units at the high school • Digital controls in multiple buildings • Cleaner air ionization products designed to improve air quality • Air conditioning for Middle School East gymnasium • Repaving Campus Drive from Route 29 to Kagey Road • Repairing masonry in the high school band room These projects cost an estimated $14.7 million. A large portion of the projects were financed through a bond issue that was strategically placed into existing debt structure payments so as not to contribute to a tax increase. Funds set aside for capital projects were also used to offset the costs.