FAQ’s About the Education & Activity Center
How much did we borrow, and how will we repay it?
We built a $1.5 million loan into our funding projections for the project. We factored this borrowing cost for the first couple of years into our estimated project budget. Going forward, we intend to cover interest costs with revenues generated from user fees and additional parish revenue. Proceeds from the sale of the old school property will also be used to pay down the loan.
How do I know that any amounts I donate (or already donated in the past) for the E&AC are safe from the Archdiocese of Milwaukee’s bankruptcy creditors?
The judge involved in the Archdiocese of Milwaukee bankruptcy ruled that creditors cannot get access to parish assets as they attempted to do in court. We also talked to different attorneys on this matter who confirmed that the funds we have raised to date are restricted in purpose-specific bank and investment accounts. They have also advised us how to document and segregate amounts raised in this next phase of fundraising to continue to safeguard all assets.
I think my company matches contributions I make. What should I do?
Please contact your human resources department at work to get details. We received matching contributions in the original “In the Spirit” campaign and they helped us get to where we are at.
How much larger is the new facility than the old school?
The E&AC is a little more than 60,000 square feet, or approximately 40% larger than the old school, which was 44,000 square feet. The new facility has a maximum capacity of more than 500 students (two classrooms per grade), including preschool and extended day care. We have fluctuated between 350–400 students in the 3K–8th grades at the old school over the past decade (through spring 2014).
What are security features of the E&AC?
The E&AC includes a security system with cameras and automatic door locks, as well as a speaker system.
What is included in the cost of the construction? What is not included?
The E&AC has 26 classrooms, a gym, preschool and daycare facilities; dedicated rooms for music and art; and science, technology, engineering and math (STEM) labs. The gym will be utilized for the lunch program, as there is not a dedicated cafeteria.
Cost estimates included allowances for furniture and fixtures. We also utilize some existing equipment in the new facility, such as computers, smart boards, etc.
The outdoor athletic fields are currently not included in the project, as we thought much of the site prep work for these could be handled through volunteers. We will raise funds as needed for these items.
Will the South Church remain?
The South Church will be retained and remain a vital part of our parish worship facilities. Three real estate units – the Father Ed Center, the old school and the parking lot – have been on the market since the summer of 2015. The asking price for the three real estate units is $1,500,000. Once sold, additional parking will be added behind the South Church in accordance with city requirements.
What is the student capacity at the new Education and Activity Center?
The new facility has a maximum capacity of over 500 students (two classrooms per grade), including preschool and extended care.
Will tuition increases be required because of the new building?
That is not in the current plans. However, we can’t comment or make any promises on future tuition at St. Francis Borgia School because that is dependent on school enrollment, the parish subsidy, the school’s operating costs and future cost and inflation rates.
Does the E&AC include a stage?
Yes. There is a stage that will be used for various performances.
Who can I contact with additional questions?
If you have questions, you can:
- Send an e-mail to the Education & Activity Center Leadership Committee; or
- Contact the parish office.
Also, the Q&A flyer provides phone contact information for the E&AC Leadership Team.