What are the cost savings going grade specific? Building and operating?
Building or staffing savings for this would be about $400,000 annually. The building/staffing savings on the option provided with three neighborhood schools, as opposed to four, would be about $325,000 annually. The operating savings is building specific, but the OSFC has provided us information that they have seen a net annual savings of about $20,000 with a new facility v. a renovated facility. Please see the links menu to the right for a link to the attachment from Bob McAuliffe of the OSFC.