2004
Project	Budget	Status
Allowance / Contingency	$10,828
Aue ES	$789,372	Completed
Bond Issuance Costs	$1,334,508	Completed
Bond Management Costs	$3,069,382	99% Expended
Brandeis HS	$5,300,000	Completed
Carnahan ES	$600,000	Completed
Driggers ES	$2,422,090	Completed
Jefferson MS	$3,275,542	Completed
Total	$16,801,722

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.