WHEREAS, The Board of Education of the School District of Philadelphia at its meeting of May 26, 2022 (Item #2) adopted a Capital Budget in the amount of $415,477,103 for the Fiscal year 2023 and a Six Year Program for the Fiscal Years 2023-2028 in the amount of $2,747,382,243, and 

WHEREAS, Additional adjustments to reflect the variance between budgets and actual contract awards, the implementation of the reprioritization and revised estimated  costs have been prepared; now, therefore be it

RESOLVED, That the Amended Capital Budget for Fiscal Year 2023 be adopted in the amount of $287,908,234, and be it 

FURTHER RESOLVED, That the Amended Six-Year Capital Program for Fiscal Years 2023-2028 as set forth in the summary exhibit be adopted in the amount of  $2,862,705,561, and 

WHEREAS, Section 12-304 of the Home Rule Charter requires the School District to  adopt a Capital Program which is comprised of a Capital Budget for the ensuing fiscal year and capital expenditures planned for the ensuing five years no later than the date of adoption of the Operating Budget, and 

WHEREAS, The Proposed Fiscal Year Budget and Program which was included in the May 26, 2022 (ltem #2) Budget Document has been adjusted to reflect project  reprioritization, transfers and revised estimates; now, therefore be it 

RESOLVED, That the Capital Budget for Fiscal Year 2024 be adopted in the amount of  $329,986,316, and be it 

FURTHER RESOLVED, That the Proposed Six-Year Capital Program for Fiscal Years 2024-2029 as set forth in the Summary Exhibit be adopted in the amount of  $2,801,550,854, and be it 

FURTHER RESOLVED, That the individual projects included in the Fiscal Year 2023 and Fiscal Year 2024 Capital Budgets must be authorized by separate resolutions of the Board of Education prior to implementation.