School reconfiguration materials prepared by the district show that the projected capital cost for Oliver HS is $25M. The district expects an enrollment of 300 - 500 students.
Schenley enrolled about 3 times more students, but renovation costs of 3 x $25M ($75M) were descrbed as too expensive- even though by all the measures the district has at various times used to justify school closings Schenley far outperformed Oliver:
Enrollment (Schenley 100%, Oliver seriously underenrolled)
Achievement (achievement in all subcategories greater at Schenley)
School Performance Index (Schenley a 3, Oliver only a 2 http://www.rand.org/pubs/working_papers/2005/RAND_WR315-1.pdf)
Location (Schenley central while administration acknowledges that it will be difficult to attract students to Oliver)