301 Budget Blueprint: Part 6

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📰 301 Budget Blueprint: How We Fund Growth — Capital Projects Fund (Fund 60)

In this edition of our 301 Budget Blueprint, we highlight the Capital Projects Fund (Fund 60) — a fund designed for long-term facility investments, major renovations, and school construction projects across the district.

As Central 301 continues to grow, so do our space and infrastructure needs. The Capital Projects Fund helps us make smart, forward-thinking investments to support students and staff for years to come.

What’s Included in Fund 60?

  • New school construction
  • Major additions or building upgrades
  • Significant renovations or repairs
  • Modernization of educational spaces

Where Does the Money Come From?

  • Impact fees from residential development
  • Interest income from fund balances

Unlike annual operational budgets, the Capital Projects Fund is strategic and long-term, often spanning multiple years of planning and coordination. It supports growth without pulling funds away from daily classroom needs.

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