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Financial Overview
Oakton’s Facilities Master Plan projects project costs of $68.5 million, with the majority of the budget (76.6 percent) allocated to support student success.
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Facilities Plan Project Costs: |
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Science and Health Career Building |
$39 million |
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Infrastructure |
$17 million |
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Student-Related Remodeling |
$3.7 million |
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Classroom Upgrades |
$3.5 million |
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Enrollment Center at the Des Plaines Campus |
$3.4 million |
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Student Center/Gathering Space |
$1.9 million |
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Total Projected Costs |
$68.5 million |
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Sources of Funding: |
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General Obligation Bonds |
$40 million |
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Reserve/Fund Balance |
$20 million |
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Accumulated Student Reserves |
$3 million |
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Private Grants/Foundation Capital Campaign |
$2.5 million |
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State Grants |
$2 million |
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Federal Grants |
$1 million |
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Total Funding Required |
$68.5 million |
Facilities Master Plan Timeline
2011 to 2014
Science and Health Careers Center
2013 to 2014
Enrollment Center at Des Plaines
Student Gathering Center
Student Gathering Center
2011 to 2016
Classroom Remodeling
Infrastructure Projects
Infrastructure Projects
