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A breakup of the estimated costs of constructing and running the Main Campus is given as follows:
Main Campus – Projected Construction Costs
Approximate costs leading up to the launch of the Junior School in 2008 |
US$ 500,000 |
Approximate additional costs for finishing construction work on the Main Campus by the end of 2010 |
US$ 1,650,000 |
Total Cost for Completing the Main Campus |
US$ 2.15
million |
These construction and startup costs do not include the cost of land acquired for the Main Campus, valued at approximately Rs. 10 million (US$ 167,000), which has been acquired by KMT on a 99 year lease basis. The annual lease cost of this land is included in the operational budget of the school given below.
Main Campus – Projected Annual Operational Expenditure
Approx. annual costs, 2009 |
US$ 100,000 |
Approx. annual costs, 2010 |
US$ 150,000 |
Approx. annual costs, 2011 |
US$ 200,000 |
Figures given above are subject to change as actual costs incurred by the project will vary from these initial estimates. For budgeting purposes, however, these calculations give a reasonably good approximation of the projected expenses associated with the Main Campus.
The construction and operational budgets for the Senior Boys Campus will be separate from the costs above. These will be prepared later once the land is acquired and the designs for that campus are prepared.
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