2001
Project	Budget	Status
Allowance / Contingency	$11,191
Auditorium seats at Clark & Jay	$225,967	Complete
Bond Issuance Costs	$1,199,759	100% Expended
Bond Management Costs	$4,152,746	100% Expended
Food Service Warehouse Renovation	$614,055	Construction
Grissom Road Annex (Student Services)	$963,193	Complete
Maintenance Shop Expansion	$50,661	Project Delayed
North Transportation Satellite	$1,586,372	Complete
Provide Marshall Soccer Field	$69,277	Complete
South Transportation	$238,584	Complete
Support Service Center	$4,668,282	Complete
Transportation - Culebra Station	$1,787,799	Complete
Total	$15,567,886

Bond funds are invested prior to their disbursal for work completed. The interest earned is used as a contingency for inflation or other unanticipated cost increases.

Such earned interest may also be used for capital improvements not addressed by the bond program. The table below shows actual and projected uses of interest earned during the 2004, 2001 and 1998 Bond Programs.