[PPT] - Hutto Independent School District Quarterly Report 4Q19 National PowerPoint Presentation

SLIDE 1

Hutto

Independent School District

Quarterly Report 4Q19

SLIDE 2

National Economic Conditions (November 2019)

2

Top Job Growth Markets Ranked by Change in Employment

Rank MSA Total Employment Annual Job Growth % Annual Job Growth 1 Dallas-Fort Worth-Arlington, TX 3,870,400 120,700 3.2% 2 New York-Newark-Jersey City, NY-NJ-PA 10,080,100 99,400 1.0% 3 Los Angeles-Long Beach-Anaheim, CA 6,343,200 96,000 1.5% 4 Houston-The Woodlands-Sugar Land, TX 3,223,100 85,500 2.7% 5 Atlanta-Sandy Springs-Roswell, GA 2,887,900 61,200 2.2% 6 Washington-Arlington-Alexandria, DC-VA-MD-WV 3,384,900 61,100 1.8% 7 San Francisco-Oakland-Hayward, CA 2,538,700 59,500 2.4% 8 Seattle-Tacoma-Bellevue, WA 2,132,900 59,200 2.9% 9 Phoenix-Mesa-Scottsdale, AZ 2,225,800 56,500 2.6% 10 Miami- Fort Lauderdale-West Palm Beach, FL 2,775,100 40,100 1.5% 11 Orlando-Kissimmee-Sanford, FL 1,364,900 36,700 2.8% 12 Denver-Aurora-Lakewood, CO 1,546,000 35,900 2.4% 13 San Diego-Carlsbad, CA 1,538,100 34,300 2.3% 14 San Antonio-New Braunfels, TX 1,102,200 33,700 3.2% 15 Riverside-San Bernardino-Ontario, CA 1,571,900 33,000 2.1% 16 San Jose-Sunnyvale-Santa Clara, CA 1,174,400 32,500 2.8% 17 Tampa- St. Petersburg-Clearwater, FL 1,404,700 30,800 2.2% 18 Las Vegas-Henderson-Paradise, NV 1,052,200 29,200 2.9% 19 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 3,011,300 29,000 1.0% 20 Austin-Round Rock, TX 1,112,200 29,000 2.7% 21 Charlotte-Concord-Gastonia, NC-SC 1,252,800 28,800 2.4% 22 Chicago-Naperville-Elgin, IL-IN-WI 4,848,600 28,600 0.6% 23 Jacksonville, FL 738,100 24,400 3.4% 24 Raleigh, NC 660,700 24,200 3.8% 25 Baltimore-Columbia-Towson, MD 1,456,900 23,600 1.6%

The City of Hutto’s unemployment

rate is 2.5%

Down -0.3% from November 2018

SLIDE 3

Economic Conditions- Austin Area (December 2019)

3

Top Metrostudy CBSAs - Ranked by Annual Starts

Rank Market Annual Starts Annual Change % Change 1 Dallas/ Ft. Worth 34,718 1,117 3.3% 2 Houston 30,547 2,872 10.4% 3 Central Florida 26,632 1,674 6.7% 4 Phoenix/Tucson 25,877 2,755 11.9% 5 Atlanta 24,416

35
0.1%

6 Denver/Colorado Springs 19,287

820
4.1%

7 Austin 18,905 2,448 14.9% 8 Southern California 16,794

3,596
17.6%

9 Northern California 14,580

2,742
15.8%

10 San Antonio 13,748 2,626 23.6% 11 Raleigh/Durham 13,080 881 7.2% 12 Salt Lake City 12,860

182
1.4%

13 Tampa 12,754 2,131 20.1% 14 Charlotte 12,543 249 2.0% 15 Philadelphia Region 11,846 956 8.8% 16 Seattle 10,888 784 7.8% 17 Central California 10,843 130 1.2% 18 Suburban Maryland 10,710 421 4.1% 19 Las Vegas 10,635

60
0.6%

20 South Florida 9,150 1,188 14.9% 21 Nashville 9,138 467 5.4% 22 Jacksonville 8,695 736 9.2% 23 Northern Virginia 8,538

687
7.4%

24 Twin Cities 7,945 12 0.2% 25 Sarasota/Bradenton 6,908 1,254 22.2%

SLIDE 4

Austin Area - Annual Starts vs. Annual Closings (December 2019)

4

SLIDE 5

Economic Conditions – Local News

5

Perfect Game USA

Announced in April 2019, this mixed-used development is a partnership between Perfect

Game, the City of Hutto, Sports Facility Advisors, and Legacy Development

It will feature 24 turf baseball fields, along with multi-purpose fields, office, commercial

and residential space, medical and physical therapy services, convention center/hotel, and

ther recreational opportunities
Represents a billion-dollar investment within the city and is projected to bring more than

700,000 visitors to Hutto each year

Development schedule predicts construction beginning mid 2020 and concluding 2021

SLIDE 6

Economic Conditions – Local News

6

EDC Moving Systems at Innovation Business Park

The company will be relocating its Austin logistics and storage operations to

Innovation Business Park in Hutto (announced Feb. 2020)

It will occupy an approximately 150,000 square foot space in the business park
The company plans to relocate about 40 full-time employees and intends to

hire a dozen new positions over its first five years

SLIDE 7

Austin-Round Rock Housing Market Analysis

7

Multiple Listing Service – YTD SFD Activity & Inventory

Dec-19 % Change YTD Sales 36,782 6.3% Average Price $393,160 3.5% Median Price $315,000 3.3% Listings 6,989

4.5%

Months Supply 1.7

Source: Texas A&M Real Estate Center for NTREIS

SLIDE 8

Hutto ISD Housing Market Analysis

Home Sales by Transaction Type, 2010 – 2019

Sources: Metrostudy & Tarrant County Deed Transactions

8

In 2019 there were approx. 2,200 home sales in HISD, a record high for the past ten years
Total foreclosures and REO sales throughout Hutto ISD have decreased by more than 90%

since 2010

New homes sales within the district have more than tripled since 2010

225 218 214 345 501 713 884 909 855 1,126 310 292 592 644 731 704 866 769 872 1,071 232 168 172 103 79 54 33 8 8 5 188 188 147 112 67 69 42 22 18 14 500 1,000 1,500 2,000 2,500 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Annual District Home Sales

New Home Sales Existing Home Sales Foreclosures REO Sales

SLIDE 9

Hutto ISD Housing Market

Average New vs. Existing Home Sale Price, 2010 – 2019

9

Since 2010, the average new home price in

HISD has increased by $122,124, or 71.5%

The average existing home price within the

district has increased by 98.5%, or roughly $128,269 since 2010

Avg New Home Price Avg Existing Home Price 2010 $170,725 $130,185 2011 $171,325 $156,150 2012 $187,802 $168,095 2013 $211,538 $174,669 2014 $226,236 $182,009 2015 $244,321 $198,667 2016 $256,355 $217,566 2017 $270,152 $240,600 2018 $285,052 $256,225 2019 $292,849 $258,454

$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Average District New vs. Existing Home Sale Price, 2010 - 2019

Avg New Home Price Avg Existing Home Price

SLIDE 10

HISD New Housing Activity

10

Hutto ISD started approx. 1,130 homes in 2019, the most starts in the past ten years
The district closed approx. 1,160 homes in 2019, the most closings in the past ten years

Starts 2013 2014 2015 2016 2017 2018 2019 Closings 2013 2014 2015 2016 2017 2018 2019 1Q

72 82 146 195 271 247 189

1Q

50 100 172 162 271 225 221

2Q

125 162 198 181 227 250 233

2Q

69 131 176 172 203 254 348

3Q

113 232 191 337 250 282 429

3Q

108 139 209 249 271 192 271

4Q

102 171 159 214 205 313 284

4Q

108 120 190 256 212 250 321

Total

412 647 694 927 953 1,092 1,135

Total

335 490 747 839 957 921 1,161

200 400 600 800 1000 1200 1400 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Starts Closings

SLIDE 11

Austin-Round Rock New Home Ranking Report

ISD Ranked by Annual Closings – 4Q19

11

Rank District Name Annual Starts Annual Closings VDL Future

1 Leander ISD 2,533 2,403 3,302 12,571 2 Austin ISD 2,036 2,375 1,551 10,168 3 Pflugerville ISD 1,897 2,067 1,808 9,564 4 Hays CISD 1,623 1,688 2,293 31,849 5 Georgetown ISD 1,799 1,606 3,089 17,891 6 Round Rock ISD 1,184 1,385 895 6,000 7 Manor ISD 1,406 1,325 1,224 16,484 8 Hutto ISD 1,135 1,161 1,145 9,199* 9 Liberty Hill ISD 1,402 1,142 2,533 12,142 10 Del Valle ISD 944 852 1,994 32,586 11 Lake Travis ISD 692 666 1,607 4,831 12 Dripping Springs ISD 689 632 1,509 6,189 13 Jarrell ISD 591 469 780 10,908 14 San Marcos CISD 402 435 637 8,954 15 Bastrop ISD 198 140 1,734 18,499 16 Eanes ISD 39 93 81 176 17 Elgin ISD 61 70 239 6,317 18 Lago Vista ISD 91 58 633 3,961 19 Lockhart ISD 35 58 105 3,821 20 Taylor ISD 113 42 218 986

* Based on additional Templeton Demographics housing research

SLIDE 12

12

District Housing Overview by Elementary Zone

Elementary Zone Annual Starts Quarter Starts Annual Closings Quarter Closings Inventory VDL Future COTTONWOOD CREEK 22 6 28 7 10 64 2,669 HUTTO 318 129 238 96 196 303 1,699 JOHNSON 110 14 93 29 55 43 316 KERLEY 360 71 394 90 142 202 476 NORMAN 13 101 2 2 9 603 RAY 32 18 4 30 170 1,927 VETERANS HILL 280 46 303 97 125 354 1,509 Grand Totals 1,135 284 1,161 321 560 1,145 9,199

Highest activity in the category Second highest activity in the category Third highest activity in the category

SLIDE 13

13

District Housing Overview

The district has more than 1,140 lots

available to build on

Within Hutto ISD there are approx.

9,200 planned future lots

Of these, groundwork is underway on
approx. 1,120 lots within HISD

SLIDE 14

14

District Housing Activity

Madsen Ranch

307 total lots
171 occupied homes
104 VDL
20 homes UC

Sienna (Kerley)

1,759 total lots in South

Sienna

1,561 occupied homes
94 VDL
66 homes UC
Closed 310 homes in 2019
Estimated build out late

2020/early 2021

Sienna (Veterans Hill)

1,268 total lots in North

Sienna

605 occupied homes
320 futures
250 VDL
64 homes UC
Closed 228 new homes in

2019

SLIDE 15

District Housing Activity

15

Hutto Square

1,309 total lots
581 occupied homes
654 future lots
64 VDL
7 homes UC

Hutto Highlands

947 total lots
416 occupied homes
329 future lots
111 VDL
51 homes UC
Closed 141 homes in 2019

SLIDE 16

District Housing Activity

16

Mager Meadows

289 total lots
97 occupied homes
103 future lots
20 VDL
42 homes UC

Cross Creek

485 total lots
277 future lots
172 VDL
36 homes UC
Active as of 3Q19

SLIDE 17

District Housing Activity

17

Carmel Creek

634 total lots
220 occupied homes
316 future lots
43 VDL
32 homes UC
Closed 93 homes in 2019

Star Ranch

1,191 total lots
658 occupied homes
392 future lots
103 VDL
21 homes UC
Closed 83 homes in

2019

SLIDE 18

Multi-Family Housing Overview

Within Hutto ISD there are roughly 700 future

multi-family units in the planning stages

Current Multi-Family student yield is 0.185

18

SLIDE 19

Ten Year Forecast by Grade Level

Yellow box = largest grade per year Green box = second largest grade per year

19 Year (Oct.) EE PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Total Growth % Growth 2015/16 42 239 460 506 546 477 485 539 504 478 473 506 482 419 371 6,527 2016/17 65 188 514 511 540 588 497 534 571 520 512 529 504 458 414 6,945 418 6.40% 2017/18 73 163 502 561 523 586 610 539 570 582 542 583 483 486 437 7,240 295 4.25% 2018/19 61 240 539 516 548 554 591 642 558 597 615 629 517 478 466 7,551 311 4.30% 2019/20 89 253 635 599 556 594 610 625 716 610 598 742 564 509 432 8,132 581 7.69% 2020/21 89 253 690 690 641 606 652 661 688 757 636 699 667 552 484 8,765 633 7.78% 2021/22 89 253 723 749 710 684 638 697 720 731 796 750 625 657 524 9,346 581 6.63% 2022/23 89 253 753 776 783 757 729 686 772 768 770 943 672 614 631 9,996 650 6.95% 2023/24 89 253 791 827 801 843 803 767 734 821 808 901 845 660 585 10,528 532 5.32% 2024/25 89 253 827 853 846 850 870 849 839 754 864 952 806 832 653 11,137 609 5.78% 2025/26 89 253 855 903 878 909 891 915 926 870 794 1,017 853 793 805 11,751 614 5.51% 2026/27 89 253 880 935 939 930 943 935 993 951 910 933 937 843 770 12,241 490 4.17% 2027/28 89 253 914 959 964 996 957 996 1,019 1,024 1,002 1,071 843 924 823 12,834 593 4.84% 2028/29 89 253 938 990 989 1,024 1,035 1,012 1,084 1,052 1,082 1,179 971 831 898 13,427 593 4.62% 2029/30 89 253 969 1,043 1,020 1,069 1,058 1,092 1,100 1,116 1,107 1,272 1,073 958 808 14,027 600 4.47%

SLIDE 20

Ten Year Forecast by Elementary Campus

Green box = within 5% of capacity Yellow box = over capacity

20 History Fall Enrollment Projections Campus Capacity 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 COTTONWOOD CREEK ELEM 800 645 606 631 640 676 739 792 836 866 896 927 969 HUTTO ELEMENTARY 700 449 468 535 590 642 696 725 782 832 900 947 1,013 NADINE JOHNSON ELEMENTARY 700 416 531 576 616 658 693 737 763 762 761 775 779 KERLEY ELEMENTARY 860 575 672 747 801 866 897 940 963 981 992 1,029 HOWARD NORMAN ELEMENTARY 800 739 668 680 687 695 695 713 714 710 715 709 706 RAY ELEMENTARY 800 724 589 606 626 660 718 770 831 900 968 1,031 1,101 VETERANS HILL ELEM 800 718 524 582 637 694 767 803 827 871 907 949 996 ELEMENTARY SCHOOL TOTALS 5,460 3,691 3,961 4,282 4,543 4,826 5,174 5,437 5,693 5,904 6,128 6,330 6,593 Elementary Absolute Change 134 270 321 261 283 348 263 256 211 224 202 263 Elementary Percent Change 3.77% 7.32% 8.10% 6.10% 6.23% 7.21% 5.08% 4.71% 3.71% 3.79% 3.30% 4.15%

SLIDE 21

Ten Year Forecast by Secondary Campus

Green box = within 5% of capacity Yellow box = over capacity

21 History Fall Enrollment Projections Campus Capacity 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 FARLEY MIDDLE SCHOOL 1,200 923 988 1,095 1,207 1,229 1,234 1,262 1,332 1,467 1,576 1,663 1,689 HUTTO MIDDLE SCHOOL 1,200 847 936 986 1,040 1,081 1,129 1,195 1,258 1,387 1,469 1,555 1,634 MIDDLE SCHOOL TOTALS 2,400 1,770 1,924 2,081 2,247 2,310 2,363 2,457 2,590 2,854 3,045 3,218 3,323 Middle School Absolute Change 76 154 157 166 63 53 94 133 264 191 173 105 Middle School Percent Change 4.49% 8.70% 8.16% 7.98% 2.80% 2.29% 3.98% 5.41% 10.19% 6.69% 5.68% 3.26% FUTURE 9TH GRADE CENTER 1,000 750 943 901 952 1,017 933 1,071 1,179 1,272 HUTTO HIGH SCHOOL 2,400 2,089 2,246 2,401 1,805 1,916 2,089 2,290 2,450 2,549 2,589 2,699 2,838 HIGH SCHOOL TOTALS 3,400 2,089 2,246 2,401 2,555 2,859 2,990 3,242 3,467 3,482 3,660 3,878 4,110 High School Absolute Change 104 157 155 154 304 131 252 225 15 178 218 232 High School Percent Change 5.24% 7.52% 6.90% 6.41% 11.90% 4.58% 8.43% 6.94% 0.43% 5.11% 5.96% 5.98% LOTT DETENTION CENTER 20 1 1 1 1 1 1 1 1 1 1 1 1 ALTERNATIVE SCHOOL TOTALS 1 1 1 1 1 1 1 1 1 1 1 1 DISTRICT TOTALS 11,260 7,551 8,132 8,765 9,346 9,996 10,528 11,137 11,751 12,241 12,834 13,427 14,027 District Absolute Change 311 581 633 581 650 532 609 614 490 593 593 600 District Percent Change 4.3% 7.7% 7.8% 6.6% 7.0% 5.3% 5.8% 5.5% 4.2% 4.8% 4.6% 4.5%

SLIDE 22

One Year by Campus and Grade

Green box = within 5% of capacity Yellow box = over capacity

22

Fall 2020/21 Enrollment Projections by Grade Campus 2019/20 EE PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Change COTTONWOOD CREEK ELEM 606 24 35 108 105 85 83 90 101 631 25 HUTTO ELEMENTARY 468 2 34 88 87 102 68 82 72 535 67 NADINE JOHNSON ELEMENTARY 531 25 33 98 93 72 84 86 85 576 45 KERLEY ELEMENTARY 575 3 42 110 109 129 81 102 96 672 97 NORMAN ELEMENTARY 668 27 41 102 107 89 104 98 112 680 12 RAY ELEMENTARY 589 4 29 103 104 95 85 90 96 606 17 VETERANS HILL ELEM 524 4 39 81 85 69 101 104 99 582 58 ELEMENTARY SCHOOL TOTALS 3,961 89 253 690 690 641 606 652 661 4,282 321 FARLEY MIDDLE SCHOOL 988 382 402 311 1,095 107 HUTTO MIDDLE SCHOOL 936 306 355 325 986 50 MIDDLE SCHOOL TOTALS 1,924 688 757 636 2,081 157 HUTTO HIGH SCHOOL 2,246 699 666 552 484 2,401 155 HIGH SCHOOL TOTALS 2,246 699 666 552 484 2,401 155 LOTT DETENTION CENTER 1 1 1 WILLIAMSON COUNTY ACADEMY ALTERNATIVE SCHOOL TOTALS 1 1 1 TOTAL ENROLLMENT 8,132 89 253 690 690 641 606 652 661 688 757 636 699 667 552 484 8,765 633

SLIDE 23

Key Takeaways

23

Hutto ISD will continue to

experience enrollment growth due to a strong housing market

Hutto, Kerley, and Veterans Hill

Elementary zones currently contain the most residential activity

Hutto ISD is expected to enroll

more than 11,137 students by 2024-25 and more than 14,027 students by 2029-30

6,527 8,132 11,137 14,027 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Enrollment Forecast