BUILDING FOR SCHOOL AND COMMUNITY - Kennedy Bibliothek

specific descriptions of how savings occur, are hard to come by, A fiscal
analysis containing a reappraisal of original cost estimates and stating
reasons for sharing facilities in the light of today's experience, is
available only for one of the three centers - the HRC in Pontiac, where the
joint financing of an educational and community facility was the first to
combine local and federal resources. In fact, state legislation had to be
changed in order to make it possible for Pontiac to receive a grant
from the Federal Department of Housing and Urban Development (HUD)..
70. In an unpublished draft report, prepared for the Educational
Facilities Laboratories in New York.in November 1975, the question was
asked: "What did Pontiac get in return for an expenditure of $5,568,014
of its funds? Or put differently, what were the cost/benefits of this
investment of educational, funds?
"1) On the simplest level, it received a grant from three levels of
government amounting to $1 863 165.
2) For an investment of $729 133 of its own funds, it received
$1 458 265 from the Federal Government.
3) By combining a school and a community center, it was able to
arrange a sharing of 46 025 sq. ft. of space.
4) If Pontiac had built separate facilities, not all of this •
46 025 sq. ft. would, of course, have 'to have been duplicated in
each structure. From this analysis, the net savings of the
building area is + 8 000 sq. ft. (7 706). To this savings must
be added the cost of additional land. Assuming the school site
area would remain, at 17 acres for a separate facility, the area
for a community facility would demand 1-1/2 acres, plus 1/2
acre for parking. The net savings then becomes:
Building: 8 000 sq. ft. x $37.20/sq. ft. $297 600
Site: 2 acres at $41 400 82 800
Savings by combining facilities $380 400
Approached this way, the savings are very substantial, approximately
6% of the combined facility "construction" costs.
5) One answer to the question, then, of what Pontiac gained by its
approach is that it (a) acquired a Community Center worth at
least $2 178 000 for an expenditure of $729 000; and (b) by
combining the school and community facilities, it saved more
than $380 000 over what it would have cost were these built
separately."(1)
1) Pontiac Human Resources Center, "Fiscal Analysis", unpublished draft
for the Educational Facilities Laboratories, November 1975, pages 9-10.
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