FACILITIES PLANNING COMMITTEE Update Love and Inspire WHAT IS A - - PowerPoint PPT Presentation

FACILITIES PLANNING COMMITTEE Update

Love and Inspire

WHAT IS A BOND ELECTION?

• A bond election is an election where voters decide

whether to give the Board authority to sell bonds to pay for items such as school construction, capital projects, technology, buses, and land.

• A bond is similar to a home mortgage. It is a contract to

repay borrowed money with interest over time.

• Bond funds CANNOT be used as part of the general
• perating budget or for salaries.

• State funds are NOT provided for school construction or

improvements.

• This bond would allow the district to finance

improvements and renovations without cutting regular budget items like school programs, teachers and staff.

• Bonds are financed to match the life of the asset, so

shorter lived assets, such as buses, are paid for in a much shorter 5-10 year period.

PURPOSE OF A BOND

TAX RATE INFORMATION

x

M&0 I&S

$1.05 + $0.2153 = Current Total Tax Rate of $1.265

Your current school taxes involve two figures:

Maintenance & Operations (M&O) Daily operations of the district. ON ONLY: teacher salaries, text books, electricity, fuel, supplies, etc.

$1.05

Interest & Sinking (I&S) Used for debt repayment. Bond elections only affect the I&S rate.

$0.2153

Per $100 of property value

• The outcome of this bond election will not affect

the school district tax rate.

• Regardless of the outcome, the MFISD tax rate

has decreased by one penny.

• Benefits the Maintenance and Operations

budget.

TAX IMPACT

• The Facilities Planning Committee (FPC), comprised of

a cross-selection of the community, met over the course of four months to study and prioritize the facility needs of the district.

• Reviewed current facilities, demographic reports,

district financial information, project options and cost details.

• Formed a recommendation for a November 2018

bond election.

THE PROCESS

• In a unanimous vote, the Marble Falls Board of

Trustees approved an order calling for a $55 million bond election for November 6, 2018 with a tax rate decrease of one penny.

• The FPC’s recommendation is a comprehensive

proposal that addresses needs at every campus.

NOVEMBER 2018 BOND

BOND PROPOSAL OVERVIEW

SAFETY & SECURITY

• Lockdown systems and keyless access control panels
• Upgrade fire suppression systems
• Improve traffic circulation and parking
• New buses equipped with seatbelts
• Mental health and counseling spaces at all campuses

BOND PROPOSAL OVERVIEW

RENOVATIONS

• New front entrance to high school
• High School Athletic Facilities upgrades/replacements due

to equity and safety concerns

• Improve acoustics and sound proofing of existing band hall

at Marble Falls Middle School

• Connect buildings to reduce entry points at Highland Lakes
• Renovate “Pink Building” / old junior high for future district

use

BOND PROPOSAL OVERVIEW

AGING FACILITIES

• Repair/replace heating and air conditioning systems

(at least 90 units are more than 25 years old)

• Repair/replace roofs and plumbing
• Seal or resurface certain drives / parking areas
• Technology

PROJECT BREAKDOWN

MARBLE FALLS HIGH SCHOOL (Year Built 1988)

• New front entrance
• Secure/single point of entry vestibule
• Expanded service and assistance area, fine arts and

collaboration spaces

• Addition to connect existing cafeteria, library and

student commons

• Athletic Facilities
• Expanded girls’ locker room at Max Copeland gym
• Resurface track and turf at Mustang

Stadium

MARBLE FALLS HIGH SCHOOL

COURTYARD GOES FROM…

LIBRARY CAFETERIA COURTYARD/ COMMONS

…TO EXPANDED CAFETERIA/COMMONS

This is a draft concept for planning purposes only. Subject to change.

PROJECT BREAKDOWN

MARBLE FALLS MIDDLE SCHOOL (Year Built 1967, 1968, 1988, 1998,

2008)

• Improve / expand cafeteria to ease overcrowding
• Sound proof existing band hall
• Restroom improvements

PROJECT BREAKDOWN

MARBLE FALLS ELEMENTARY SCHOOL (Year Built 1961, 1998)

• Renovate D Wing to update / match remainder of

campus

• Renovate “Pink Building”/ old junior high to be used for

future district use, such as additional classrooms or for early childhood

PROJECT BREAKDOWN

HIGHLAND LAKES ELEMENTARY SCHOOL (Year Built 1998, 2004)

• Connect main campus to 4th grade hall to reduce entry

points

• Renovate / expand service and assistance locations

HIGHLAND LAKES ELEMENTARY

PROJECT BREAKDOWN

OTHER

• Phase III- Restroom and office additions at

Transportation Building (move district employees out of portable offices)

• Purchase buses with three-point harnesses
• Technology equipment and infrastructure for students

and teachers to support 21st Century learning

• Community developed
• $55 million bond program – tax rate decrease
• Projects include improved safety, addressing

aging facilities, and increasing effectiveness

• Every campus would be improved
• Current needs and anticipates needs for next

five years Summary

Vote Early At:

• Marble Falls Middle School

1511 Pony Dr, Marble Falls, TX 78654

• Marble Falls Courthouse South Annex

810 Steve Hawkins Parkway, Marble Falls 78654

• Burnet County Courthouse

220 S. Pierce, Burnet 78611

VOTING LOCATIONS

To learn more about the bond:

• Saturday, September 22nd – 10:00 AM

Central Office Community Room

• Monday, September 24th – 6:00 PM

High School Library

• Tuesday, September 25th – 6:00 PM

Spicewood Elementary Library

• Monday, October 1st – 6:00 PM

Highland Lakes Elementary Cafeteria and Library – In English and Spanish

Future Bond Information Meetings

Questions?

For more information, visit www.marblefallsisdbond.org