Muscogee County School District Schedule of Approved 2024 Education Special Purpose Local Option Sales Tax (E-SPLOST) Projects Year Ended June 30, 2025 On May 21, 2024, the citizens of the Muscogee County School District voted and approved that a one percent sales and use tax be imposed in the School District beginning on January 1, 2025 and not to exceed 20 consecutive calendar quarters to pay or to be applied toward the cost of: ORIGINAL CURRENT AMOUNT AMOUNT ESTIMATED ESTIMATED EXPENDED IN EXPENDED IN TOTAL AMOUNT PROJECT COST COST CURRENT YEAR PRIOR YEARS EXPENDED STATUS All Projects (1) $ 290,000,000 $ 290,153,039 Projects as listed in the referendum: a)(i) acquiring, constructing, adding to, renovating, modifying, repairing, improving, and equipping existing schools, other buildings and facilities, including but not limited to the following capital outlay projects, and without prioritizing any such items: (1) An Enhanced Campus Safety Initiative to improve technology and building infrastructure and equipment to enhance campus safety, including but not limited to security cameras, enclosing open campuses and enhancing cybersecurity; (2) New construction, major renovations / upgrades, and building modernizations in accordance with GADOE requirements, including but not limited to, upgrading Double Churches Elementary School, Richards Middle School gym, Rothschild Middle School gym, Fort Middle School athletic fields and facilities, combining Forrest Road and Wesley Heights Elementary Schools in an updated building, adding high demand career readiness labs, upgrading Columbus Museum and Chattahoochee Valley Libraries, athletic facility upgrades, and addressing any remaining School District buildings and grounds needs; (3) Recurring Capital Needs, including but not limited to, refreshing student and staff computers and other technology needs, replacing playgrounds, replacing furniture, upgrading educational and athletic equipment, replacing school buses and other vehicles, and addressing other facility needs 463,814 - 463,814 On going (a)(ii) acquiring any property necessary or desirable therefore, both real and personal - - - TBD (b) paying capitalized interest during construction (the “Projects”) - - - TBD (b) issuing the hereinafter described Debt; the maximum cost of such Projects to be funded from the proceeds of such tax not to exceed $290,000,000 . . - - - TBD Total $ 290,000,000 $ 290,153,039 $ 463,814 $ - $ 463,814 ORIGINAL CURRENT ESTIMATED ESTIMATED COST COST (1) Projects are to be funded from: Total collections to date $ 24,882,795 Additional anticipated collections 265,117,205 Maximum cost from proceeds of the E-SPLOST tax as specified in the referendum $ 290,000,000 $ 290,000,000 Other funds (2) - 153,039 Total estimated costs $ 290,000,000 $ 290,153,039 (2) Other funds consist of Georgia State Financing & Investment Commission (GSFIC) funds, premium on bonds sold, and interest income. Muscogee County School District Schedule of Approved 2020 Education Special Purpose Local Option Sales Tax (E-SPLOST) Projects Year Ended June 30, 2025 On June 9, 2020, the citizens of the Muscogee County School District voted and approved that a one percent sales and use tax be imposed in the School District beginning on July 1, 2020 and not to exceed 20 consecutive calendar quarters to pay or to be applied toward the cost of: ORIGINAL CURRENT AMOUNT AMOUNT ESTIMATED ESTIMATED EXPENDED IN EXPENDED IN TOTAL AMOUNT PROJECT COST COST CURRENT YEAR PRIOR YEARS EXPENDED STATUS All Projects (1) $ 189,000,000 $ 242,947,005 Projects as listed in the referendum: (a)(i) acquiring, constructing, adding to, renovating, modifying, repairing, improving and equipping existing schools, other buildings and facilities and acquiring any property necessary or desirable therefor, both real and personal $ 14,603,539 $ 9,535,757 $ 24,139,296 On going (a)(ii) acquiring real estate for the construction of new schools and facilities; constructing and equipping new schools and facilities and acquiring any property necessary or desirable therefor, both real and personal; specifically including, but not limited to the following and without prioritizing any of such items: (1) the acquisition, construction and equipping of new school buildings and facilities, including but not limited to a new elementary school to consolidate Dawson Elementary and St. Mary’s Elementary, a new Library in North Columbus, a new Multi-Sport Complex for District-Wide Use (Stadium, Track), and other such projects, (2) adding to, renovating, improving and equipping existing school buildings and facilities, including but not limited to renovations and equipment upgrades and improvements at Stephen T. Butler STEAM Center; facility enhancements at Jordan Vocational High School College and Career Academy; renovation and modernization of Arnold Middle School, Hardaway High School and Kendrick High School (new administration and front entrance areas, enhanced security and covered drop-off area, upgraded parking facilities), classroom additions to Matthews Elementary School, upgrades to Columbus High School (exterior improvements, gate security enhancements); expansion of the band room at Veterans Middle School; Museum upgrade to include new collection storage vault and interior renovations; district-wide athletic improvements, including upgrades to middle school football/soccer fields and replacement of all wooden bleachers), expansions of weight rooms at Columbus High School and Carver High School; resurfacing of tracks at Hardaway High School and Carver High School; upgrades to Kinnett Stadium; replacement and repair of playgrounds district-wide; updates to secondary (middle and high school) science classroom equipment and technology; repairs, renovations and modifications of school facilities district-wide as reflected in Five-Year Facilities Plan; and other such projects; and (3) acquiring new school equipment and making certain technology and technology infrastructure improvements and upgrades, including but not limited to classroom technology, safety and security improvements, technology to enhance cybersecurity, elementary coding labs and replacement of certain devices; replacement of outdated buses, vehicles and transportation equipment; and other such projects 18,384,350 98,275,029 116,659,379 On going (a)(iii) acquiring any property necessary or desirable therefore, both real and personal 4,434,450 37,495,633 41,930,083 On going (a)(iv) paying capitalized interest during construction (the “Projects”) - - - (b) issuing the hereinafter described Debt; the maximum cost of such Projects to be funded from the proceeds of such tax not to exceed $189,000,000 . . 292,866 6,752,238 7,045,104 On going Total $ 189,000,000 $ 242,947,005 $ 37,715,205 $ 152,058,657 $ 189,773,862 ORIGINAL CURRENT ESTIMATED ESTIMATED COST COST (1) Projects are to be funded from: Total collections to date $ 189,000,000 Additional anticipated collections 23,219,797 Maximum cost from proceeds of the E-SPLOST tax as specified in the referendum $ 189,000,000 $ 212,219,797 Other funds (2) - 30,727,208 Total estimated costs $ 189,000,000 $ 242,947,005 (2) Other funds consist of Georgia State Financing & Investment Commission (GSFIC) funds, premium on bonds sold, and interest income. Muscogee County School District Schedule of Approved 2015 Education Special Purpose Local Option Sales Tax (E-SPLOST) Projects Year Ended June 30, 2025 On March 17, 2015, the citizens of the Muscogee County School District voted and approved that a one percent sales and use tax be imposed in the School District beginning on July 1, 2015 and not to exceed 20 consecutive calendar quarters to pay or to be applied toward the cost of: ORIGINAL CURRENT AMOUNT AMOUNT ESTIMATED ESTIMATED EXPENDED IN EXPENDED IN TOTAL AMOUNT PROJECT COST COST CURRENT YEAR PRIOR YEARS EXPENDED STATUS All Projects (1) $ 192,185,000 $ 194,565,227 Projects as listed in the referendum: (a)(i) the acquisition, construction and equipping of new and replacement school buildings and facilities, including but not limited to a replacement Spencer High School, a replacement Gym at Fort Middle School, a Virtual E-Library in North Columbus, and a new Multi-Sport Complex for District-Wide Use (Stadium, Track) $ - $ 70,065,709 $ 70,065,709 Complete (a)(ii) adding to and renovating, improving and equipping existing school buildings and facilities, including but not limited to retrofitting existing space to accommodate level-specific autistic programming, expanding the Northside High School cafeteria, adding to the South Columbus Library Branch, adding to and renovating Shaw High School, adding to or renovating weight rooms and wrestling rooms at Shaw High School, Columbus High School, Jordan High School, Northside High School and Kendrick High School, program enhancements for Fine Arts Academy, upgrading Kinnett Stadium (Field House, Press Box, Concessions, Restrooms), upgrading softball and baseball fields at Hardaway High School, Shaw High School, Jordan High School, Kendrick High School and Columbus High School, upgrading furniture, fixtures and equipment, transportation facilities and alternative energy sources study, updating playgrounds elementary schools, upgrading cafeteria and auditoriums at Arnold Middle School, Clubview Elementary School, Eddy Middle School, Hardaway High School, Columbus High School and Kendrick High School, upgrading or replacing electrical and mechanical equipment at Columbus Museum, repairing and replacing roofing, refurbishing outdated kitchens, and addressing other facilities needs as reflected in the Five- Year Facilities Plan, 3,619,458 73,643,523 77,262,981 Complete (a)(iii) acquiring new school equipment and making certain technology and infrastructure improvements and upgrades, including but not limited to district-wide security improvements and replacement of outdated communications equipment, replacement of outdated buses and related equipment 58,778 42,595,221 42,653,999 Complete (a)(iv) acquiring any property necessary or desirable therefore, both real and personal - - - (b) issuance of general obligation debt of Muscogee County School District in the principal amount not to exceed $70,000,000 (the “Debt”) for the above purposes. . . - 4,582,538 4,582,538 Complete Total $ 192,185,000 $ 194,565,227 $ 3,678,236 $ 190,886,991 $ 194,565,227 ORIGINAL CURRENT ESTIMATED ESTIMATED COST COST (1) Projects are to be funded from: Maximum cost from proceeds of the E-SPLOST tax as specified in the referendum $ 192,185,000 $ 192,185,000 Less collection shortfall - ( 15,141,216) Other funds (2) - 17,521,443 Total estimated costs $ 192,185,000 $ 194,565,227 (2) Other funds consist of Georgia State Financing & Investment Commission (GSFIC) funds, premium on bonds sold, and interest income.