Focused on Student Growth Census Bureau Reports Utah is Nations - - PowerPoint PPT Presentation

Focused on Student Growth

• DEC. 20, 2016 — Utah’s population crossed the 3.0 million mark

as it became the nation’s fastest-growing state over the last

• year. Its population increased 2.0 percent to 3.1 million from

July 1, 2015, to July 1, 2016, according to U.S. Census Bureau national and state population estimates released today.

Rank Name 2010 2015 2016 Percent change 1 Utah 2,763,888 2,990,632 3,051,217 2.03 2 Nevada 2,700,691 2,883,758 2,940,058 1.95 3 Idaho 1,567,650 1,652,828 1,683,140 1.83 4 Florida 18,804,592 20,244,914 20,612,439 1.82 5 Washington 6,724,545 7,160,290 7,288,000 1.78

Census Bureau Reports Utah is Nation’s Fastest Growing State

Growth, Growth, Growth

State of Utah

• Fastest-growing state in the

nation

• Highest birthrate in the nation
• Attractive place for employment

Utah County

• One of the fastest growing

counties in Utah

Nebo School District

• One of the fastest growing

districts in Utah

Nebo School District Enrollment

Student Population Growth

Actual (1998-2018) Projected (2019-2028)

1,523

[VALUE] [VALUE] [VALUE] [VALUE] 32,826 34,349 37,171

12,500 15,000 17,500 20,000 22,500 25,000 27,500 30,000 32,500 35,000 37,500 40,000

1998 2003 2008 2013 2018 2023 2028

Options For Handling Growth

Parent Survey Results

informed us

What Parents Would Like to See Happen in Nebo

Addressing Parent Requests and Enrollment Growth…

Building three new middle schools will take 6th grade students

• ut of the elementary schools leaving room for approximately

2,600 students at the elementary level. Thus, there will be no need to build new elementary schools. Building the new middle schools will also take 7th grade students

• ut of the junior high schools leaving room for approximately

2,500 students at the junior high schools. Thus, there will be no need to build new junior high schools. Once the new middle schools are created, we will be able to implement a straight alignment system. The following page explains how that will work…

Current Proposed

Why Rebuild our High Schools?

Current buildings will be approximately 60 years old and are in constant need of costly repair.

New buildings reduce the need for portables while preparing for future growth. New high schools are adaptable and ready for technology-based learning. New buildings have increased security measures and modern security systems. New high schools are up to current seismic standards reducing risk to students and staff.

Building Projects Needs

Rebuild High Schools

• Payson
• Spanish Fork
• Springville

New Middle Schools

• Maple Mountain HS Area
• Salem Hills HS Area
• Springville HS Area

Project Locations

Valley View Middle School Maple Grove Middle School Spring Canyon Middle School Spanish Fork High School Springville High School Payson High School Apple Valley Elementary Completed 2018 Fall of 2024-26? Fall of 2021 Fall of 2021 Fall of 2020 Fall of 2024-26? Fall of 2024-26?

12

SCHOOL START OPEN COST ESTIMATES Valley View Middle School

(SHHS Area)

Spring 2019 Fall 2020 $30 million Maple Grove Middle School

(MMHS Area)

Spring 2020 Fall 2021 $30 million Spring Canyon Middle School

(SHS Area)

Spring 2020 Fall 2021 $30 million Rebuild High School “A”

(PHS, SFHS, SHS)

Spring 2022 Fall 2024 $85 million Rebuild High School “B”

(PHS, SFHS, SHS)

Spring 2023 Fall 2025 $85 million Rebuild High School “C”

(PHS, SFHS, SHS)

Spring 2024 Fall 2026 $85 million

Total Cost $345 million

Middle School Construction -- $90 million High School Rebuilds -- $255 million Total Cost -- $345 million Money from District Savings – ($47 million)

BOND -- $298 million

Schedule and Costs

District Proposal

Hold a Special Bond

Election for $298 million

November 6, 2018

If the amount of taxes you pay increases, it will happen because the County Assessor or another taxing entity has increased the value of your home - not Nebo School District.

There will be No Increase in your Property Tax Rate

How will this bond affect my property taxes?

How can Nebo bond for $298 million with No Tax Rate Increase?

• 1. With growth, more taxpayers share the

responsibility for payment (additional assessed valuation).

• 2. Existing bonds have been deliberately

structured to allow new bonds to be issued without a tax rate increase.

• 3. The $298 million will be borrowed in

smaller amounts over a number of years until the building projects are complete.

How Nebo District bonds without a tax rate increase…

In Millions

P r

• j

e c t e d P r

• p

e r t y T a x R e v e n u e w i t h N e w G r

• w

t h a n d I n c r e a s e d A s s e s s e d V a l u e w h i l e m a i n t a i n i n g t h e C U R R E N T T A X R A T E

5 10 15 20 25 30 35 40 45 50 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036

Existing Debt

Ability to borrow with no tax rate increase.

With growth, more taxpayers share the responsibility for payment (additional assessed valuation)

Understanding

the

Bond Ballot

Bond Ballot

• Some people feel that if taxes could go

down and don’t, then it should be considered a tax increase.

• Nebo School District’s new debt
• bligation will not require a tax rate

increase for the bond. However, the number of years of the debt obligation will be lengthened.

• In summary, this means that for the

same tax effort taxpayers are currently paying, the District could pay off the old and new bonds while providing for the needs and growth of the District.

Why does one part of the ballot say “a property tax sufficient to pay debt service will be required”, and another part says there is “no (0.0) property tax rate increase”?

Bond Information

• Significant tax decreases

could not be realized until existing bonds are paid off in 2032.

• Nebo cannot

accommodate student growth until the year 2032 without bonding.

• Bond money can only be

used for construction. It cannot be used for salaries or benefits.

What are

• ther facts

regarding the bond that I should know?

In Summary..

The Bond Ballot language is complicated and difficult to understand. You, as a voter, will need to decide what you believe…

• Rebuilding Payson High School
• Rebuilding Spanish Fork High School
• Rebuilding Springville High School
• Building Three New Middle Schools
• Creating a Direct Alignment Pattern

DISAGREE - NO CHANGE IS NEEDED AGREE - PREPARE FOR FUTURE & ADDRESS GROWTH BY:

• Sept. 5 @ SHHS

6:00 p.m.

• Sept. 25 @ MMHS

6:00 p.m.

• Sept. 26 @ PHS

6:00 p.m.

• Oct. 3 @ SHS

6:00 p.m.

• Oct. 4 @ SFHS

6:00 p.m.

Area Meetings

Important Bond Election Dates

Focused on Student Growth

• Oct. 9: Last Day for Online Voter Registration

https://vote.utah.gov

• Oct. 16: Ballots Mailed to Registered Voters
• Nov. 5: Last Day to Postmark Mail-in Ballots
• Nov. 6: Election Day

T h i s E l e c t i

• n

w i l l u s e M a i l

• i

n B a l l

• t

s

!

Bond Website

Our bond website (www.nebo.edu) contains information about projects, funding, ballot information, timeline, and frequently asked questions.

Please don’t forget to take some information pamphlets with you!

Remember to Vote

Nebo District Bond Election

$298 million

November 6, 2018

Bond Video

Thank You!