[PPT] - Quarterly Northwest Report Independent School 2Q16 District PowerPoint Presentation

SLIDE 1

Learn from Yesterday… Understand Today… Plan for Tomorrow

Northwest Independent School District

Quarterly Report 2Q16

SLIDE 2

Economic Conditions – DFW Area (June 2016)

2

Unemployment Rate

0.3%

108,700 new jobs National rate 1.7%

Job Growth

3.2%

5,565 more than 2Q15

Annualized Home Starts

29,562

Sources: Texas Workforce Commission & Metrostudy

U.S. 5.1% Texas 4.8% DFW MSA 4.0% Fort Worth 4.2%

SLIDE 3

NISD Home Sales

2015 Home Sales by Transaction Type

3

The district had 4,110 home sales in 2015, and roughly 25% were
f new homes
The average sale price in 2015 for a new home was $309,916, a

rise of 6.1% over 2014

The average sale price in 2015 for an existing home was $288,073

Regular Resale, 2,683, 65.28% New Home Sale, 1,062, 25.84% Foreclosure, 176, 4.28% REO Sale, 189, 4.60%

Northwest ISD 2015 Home Sales by Type

SLIDE 4

DFW New Home Ranking Report

ISD Ranked by Annual Closings – 2Q16

4

*Adjusted based on additional research by Templeton Demographics staff

Rank District Name Annual Starts Annual Closings VDL Future 1 Frisco ISD 2,892 2,723 3,843 7,678 2 Denton ISD 2,123 1,881 2,410 17,068 3 Prosper ISD 2,201 1,627 4,336 28,370 4 Lewisville ISD 1,392 1,236 2,037 2,949 5 Northwest ISD 1,307 1,212 2,329 25,357* 6 Dallas ISD 1,376 1,113 2,261 6,224 7 Little Elm ISD 1,274 1,037 928 5,005 8 Keller ISD 856 954 1,014 2,035 9 Eagle Mt.‐Saginaw ISD 899 909 990 19,624 10 Rockwall ISD 918 716 1,840 8,347 11 Mansfield ISD 726 633 1,005 5,339 12 Wylie ISD 737 608 911 4,784 13 Crowley ISD 716 579 817 8,986 14 McKinney ISD 743 566 1,700 5,859 15 Forney ISD 531 497 977 14,655 16 Allen ISD 559 489 1,224 1,440 17 Burleson ISD 481 486 482 3,349 18 Plano ISD 492 456 1,209 2,529 19 HEB ISD 448 452 395 4,866 20 Midlothian ISD 550 413 1,154 20,692

SLIDE 5

New Housing Activity

Second quarter new home starts reached 315 units for the first time since 2013
Second quarter new home closings jumped 77 units over 2Q15, a rise of nearly 30%
Inventory remains in a excellent position to sustain the current closing rates

Northwest ISD

5

200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 Annual Starts Annual Closings

Avg. Inventory

Starts 2010 2011 2012 2013 2014 2015 2016 Closings 2010 2011 2012 2013 2014 2015 2016 1Q 297 230 251 288 357 230 303 1Q 229 224 220 225 269 287 277 2Q 357 268 293 362 282 309 315 2Q 349 230 331 318 341 263 340 3Q 264 285 286 347 350 377 3Q 348 263 332 299 347 282 4Q 204 254 257 270 239 312 4Q 277 295 258 344 273 313 Total 1,122 1,037 1,087 1,267 1,228 1,228 618 Total 1,203 1,012 1,141 1,186 1,230 1,145 617

SLIDE 6

Annual Closing Distribution 2Q16

6

Elementary Zone Annual Closings BECK 192 CLARA LOVE COX 137 GRANGER 46 HASLET 99 HATFIELD 7 HUGHES 47 JUSTIN 165 LAKEVIEW 7 NANCE 46 PETERSON 41 PRAIRIE VIEW 4 ROANOKE 138 SCHLUTER 183 SENDERA RANCH 3 SEVEN HILLS 7 THOMPSON 90 Grand Total 1,212

SLIDE 7

Vacant Developed Lots 2Q16

7

Elementary Zone Vacant Dev. Lots BECK 80 CLARA LOVE COX 451 GRANGER HASLET 245 HATFIELD 1 HUGHES 120 JUSTIN 243 LAKEVIEW 5 NANCE 492 PETERSON 75 PRAIRIE VIEW 21 ROANOKE 329 SCHLUTER 19 SENDERA RANCH 80 SEVEN HILLS 37 THOMPSON 131 Grand Total 2,329

SLIDE 8

Future Lots 2Q16

8 Elementary Zone Future Lots

BECK 102 CLARA LOVE 321 COX 562 GRANGER HASLET 2,275 HATFIELD 5,730 HUGHES 29 JUSTIN 2,814 LAKEVIEW 337 NANCE 1,324 PETERSON 23 PRAIRIE VIEW 786 ROANOKE 623 SCHLUTER 3,564 SENDERA RANCH 3,415 SEVEN HILLS 708 THOMPSON 2,744 Grand Total 25,357

SLIDE 9

District Housing Overview

9

Northwest ISD had more than

1,300 annual starts

The district has 2,330 lots

available to build on

NISD has groundwork underway
n more than 1,500 lots

SLIDE 10

^ _

HASLET NANCE SCHLUTER F M R D 1 5 6 HWY 156 S B L U E M O U N D R D

£ ¤

287

£ ¤

81

NANCE ELEMENTARY

Active Subdivision

Berkshire– City of Fort Worth

10

Berkshire

750 total lots
20 under construction
276 VDL
Building approx. 80 homes in 2016 and 200

homes in 2017

First residents expected fall 2016
$275K-$350K
15 lots fall in Eagle Mountain-Saginaw ISD
Nance Elementary

Eagle Mountain- Saginaw ISD

SLIDE 11

^ _

HASLET NANCE PETERSON F M RD 156 H W Y 1 5 6 S BLUE MOUND RD

§ ¨ ¦

35W

£ ¤

81

PETERSON ELEMENTARY

Active Subdivision

Harmon Ranch – City of Ft. Worth

11

Harmon Ranch

902 total lots
210 future lots
447 homes occupied
35 homes under construction
195 vacant developed lots
Building ~80 homes a year
Approximately 22 lots fall within

Eagle Mountain-Saginaw ISD

Haslet Elementary

Eagle Mountain-Saginaw ISD

SLIDE 12

^ _ ^ _ ^ _ ^ _

HASLET HATFIELD PRAIRIE VIEW SCHLUTER SENDERA RANCH THOMPSON F M H W Y 15 6 N H W Y 156 S F M RD 1 5 6

£ ¤

81

£ ¤

287

HASLET ELEMENTARY SENDERA RANCH ELEMENTARY THOMPSON ELEMENTARY WILSON MIDDLE

Active Subdivision

Sendera Ranch – City of Ft. Worth

12

Sendera Ranch

9,030 total lots
Sendera Ranch Elementary
4,599 total lots
3,415 future lots
1,100 homes occupied
0 homes under construction
80 vacant developed lots
Thompson Elementary
4,431 total lots
2,744 future lots
1,538 homes occupied
7 homes under construction
131 vacant developed lots
2,400 future lots in Sendera Ranch North
Developer anticipates first homes
n the ground in 2017
Developer estimates delivering

400-600 lots per year through 2022

Building 80-100 homes a year

Sendera Ranch North 2,400 future lots

SLIDE 13

HATFIELD JUSTIN ROANOKE FM 1 1 7 1 CROSS TIMBERS RD

§ ¨ ¦

35W

§ ¨ ¦

35W

£ ¤

377

Active Subdivision

Canyon Falls

13

Canyon Falls

725 total lots in NISD
279 future lots
79 homes occupied
50 homes under construction
303 vacant developed lots
Building 120 homes a year
$265K - $500K
Split between Argyle ISD and NISD
Roanoke Elementary

Argyle ISD

SLIDE 14

Active Development

Fairway Ranch

14

^ _ ^ _

COX ROANOKE

¬ «

114

£ ¤

377

STEELE ACCELERATED HIGH COX ELEMENTARY

Fairway Ranch

500 total lots
248 futures
98 occupied
31 under construction
112 VDL
Groundwork underway on

112 lots, delivering fall 2016

Building 60-70 homes a year
Cox Elementary

SLIDE 15

Active Development

Seventeen Lakes

15

^ _

COX HUGHES ROANOKE ROANOKE

¬ «

114

COX ELEMENTARY

Seventeen Lakes

752 total lots
227 futures
258 occupied
9 under construction
252 VDL
211 lots delivered summer 2016
First closings in new section

anticipated in October

Building 60-80 in 2017
Cox Elementary

SLIDE 16

Active Development

Water’s Bend North and Trails of Fossil Creek

16

^ _

HASLET NANCE SCHLUTER F M RD 156 BLUE MOUND RD

£ ¤

287

£ ¤

81

NANCE ELEMENTARY

Water’s Bend North

386 future lots
Groundwork underway on 14 lots

delivering September 2016

Future phase with 79 lots starting

groundwork delivering early 2017

Building 50 homes a year
Nance Elementary

Trails of Fossil Creek

1,039 total lots
360 future lots
447 homes occupied
30 homes under construction
200 VDL
Nance Elementary

SLIDE 17

Future Development

Highlands and Avalon at Argyle

17

JUSTIN ROANOKE F M 4 7 FM 1 1 71

§ ¨ ¦

35W

§ ¨ ¦

35W

The Highlands

231 total lots
Phase 1 with 65 lots

delivered early 2016

4 homes under construction
Custom home building
$400K-$600K
Justin Elementary

Avalon at Argyle

334 future lots
Preliminary plat under review

with the City of Argyle

Roanoke Elementary

SLIDE 18

^ _

HASLET HUGHES PETERSON SCHLUTER F M R D 1 5 6 HWY 156 S

§ ¨ ¦

35W

§ ¨ ¦

35W

£ ¤

287

PETERSON ELEMENTARY

Future Development

NorthGlen and Caraway

18

NorthGlen

179 future lots
Approved PUD on site
Final plat under review with the city
f Haslet with 104 lots
Groundwork likely starting early 2017
Haslet Elementary

Caraway

360 future lots
200 acres being rezoned for

single family development

Currently in early planning stages
Haslet Elementary

SLIDE 19

Future Development

Tradition and McKelvey Ranch

19

^ _ ^ _ ^ _ ^ _

CLARA LOVE HATFIELD F M RD 156 F M 156

¬ «

114

NORTHWEST HIGH PIKE MIDDLE CLARA LOVE ELEMENTARY HATFIELD ELEMENTARY

Tradition

2,984 future single family lots
300 future MF units
Groundwork starting mid to late 2017
Hatfield Elementary

McKelvey Ranch

1,100 future single family lots
Submitting first plats fall 2016
Groundwork starting mid to late 2017
Homebuilding starting early 2019
Hatfield Elementary

SLIDE 20

Future Development

Oak Creek Trails and Fairways at Champion Circle

20

Groundwork Underway

Oak Creek Trails

1,020 total lots
822 future lots
198 occupied lots
Groundwork underway on 103

lots, delivering early 2017

Future section with 163 lots

final plat approved

Hatfield Elementary

Fairways at Champion Circle

531 total lots
134 future lots
397 occupied lots
Groundwork underway on 134

lots, delivering fall 2016

Hatfield Elementary

SLIDE 21

^ _ ^ _ ^ _

BECK LAKEVIEW ROANOKE

¬ «

114

¬ «

170

£ ¤

377

LAKEVIEW ELEMENTARY STEELE ACCELERATED HIGH BECK ELEMENTARY

Future Development

Project Blizzard

21

Project Blizzard

Hillwood Mixed-Use development
780,000 SF of mid-rise office space
Future 200 room hotel
430,000 SF of retail/office space
275 single family lots
No plats or plans submitted to the

Town of Westlake at this time

Lakeview Elementary

SLIDE 22

Future Development

Wellington

22

^ _ ^ _

HASLET NANCE SCHLUTER

£ ¤

287

£ ¤

81

SCHLUTER ELEMENTARY EATON HIGH

Wellington

1,700 future single family lots
1,200 future multi-family units
Groundwork underway on Phase 1

with 500 lots

Phase 1 delivering April 2017
Anticipate building 200 homes a year
First residents late 2017
Schluter Elementary

SLIDE 23

Multi-Family Update

23 Apartment Elementary Status Tax Credit Units Market Rate Units Total Units

Enclave at Westport HUGHES All units completed and leasing summer 2016 339 339 Trophy Club Town Center LAKEVIEW Preliminary Plat Under Review 250 250 The Presidio Apartments PETERSON Final Plat Under Review 300 300 Churchill at Golden Triangle HUGHES Proposed‐ Pending State Tax Credit Approval 150 150 Harmon Senior Villas AGE RESTRICTED Proposed‐ Pending State Tax Credit Approval 144 16 160 Avondale Apartments HASLET All units complete and leasing September 2016 144 16 160 Bishop Gardens JUSTIN First units leasing late 2016, all construction complete 1Q17 60 12 72 Churchill at Champions Circle HATFIELD First units leasing September 2016, all units complete early 2017 132 132

Total 630 933 1,563

SLIDE 24

Enrollment History

2015-16 Student Race/Ethnicity Totals and Economically Disadvantaged

24

Year (Oct.) EE/PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Growth % Growth 2011/12 301 1,383 1,391 1,407 1,368 1,331 1,291 1,317 1,281 1,190 1,278 1,210 1,013 865 16,626 2012/13 300 1,448 1,465 1,448 1,466 1,433 1,402 1,400 1,375 1,325 1,344 1,302 1,153 950 17,811 1,185 7.1% 2013/14 301 1,485 1,545 1,512 1,514 1,529 1,517 1,479 1,489 1,457 1,489 1,334 1,232 1,067 18,950 1,139 6.4% 2014/15 311 1,550 1,538 1,618 1,596 1,553 1,557 1,550 1,521 1,541 1,595 1,481 1,275 1,145 19,831 881 4.6% 2015/16 333 1,541 1,662 1,674 1,650 1,674 1,664 1,626 1,595 1,577 1,765 1,622 1,398 1,195 20,976 1,145 5.8%

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

Year (Oct.) Total Black or African American % Hispanic % American Indian or Alaska Native % Asian % White % Two or more races % Native Hawaiian/ Other Pacific Islander % 2011/12

16,626 1,086 6.5% 3,225 19.4% 117 0.7% 461 2.8% 11,352 68.3% 360 2.2% 25 0.2%

2012/13

17,811 1,111 6.2% 3,502 19.7% 110 0.6% 506 2.8% 12,127 68.1% 432 2.4% 23 0.1%

2013/14

18,950 1,201 6.3% 3,800 20.1% 107 0.6% 558 2.9% 12,777 67.4% 481 2.5% 26 0.1%

2014/15

19,831 1,263 6.4% 3,974 20.0% 102 0.5% 602 3.0% 13,333 67.2% 525 2.6% 32 0.2%

2015/16

20,976 1,438 6.9% 4,339 20.7% 112 0.5% 680 3.2% 13,833 65.9% 541 2.6% 33 0.2%

HISPANIC/LATINO, 4,339 , 20.7%

AM. INDIAN/ALASKA

NATIVE, 102 , 0.5% ASIAN, 680 , 3.2% BLACK, 1,438 , 6.9% HAWAIIAN/PACIFIC ISLANDER, 33 , 0.2% WHITE, 13,833 , 66.0% MORE THAN 1, 541 , 2.6%

2015/16 STUDENT RACE/ETHNICITY TOTALS

Year (Oct.) Economically Disadvantaged % ED 2011/12 3,909 23.5% 2012/13 4,126 23.2% 2013/14 3,606 19.0% 2014/15 3,394 17.1% 2015/16 3,395 16.2%

SLIDE 25

Ten Year Forecast

25

By Grade Level

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

NISD will reach 22,000 students this fall
5 year growth = 6,218 students
2020/21 enrollment = 27,194 students
10 year growth = 12,726 students
2025/26 enrollment = 33,702 students

Year (Oct.) EE/PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Growth % Growth 2011/12 301 1,383 1,391 1,407 1,368 1,331 1,291 1,317 1,281 1,190 1,278 1,210 1,013 865 16,626 2012/13 300 1,448 1,465 1,448 1,466 1,433 1,402 1,400 1,375 1,325 1,344 1,302 1,153 950 17,811 1,185 7.1% 2013/14 301 1,485 1,545 1,512 1,514 1,529 1,517 1,479 1,489 1,457 1,489 1,334 1,232 1,067 18,950 1,139 6.4% 2014/15 311 1,550 1,538 1,618 1,596 1,553 1,557 1,550 1,521 1,541 1,595 1,481 1,275 1,145 19,831 881 4.6% 2015/16 333 1,541 1,662 1,674 1,650 1,674 1,664 1,626 1,595 1,577 1,765 1,622 1,398 1,195 20,976 1,145 5.8% 2016/17 325 1,629 1,652 1,756 1,767 1,727 1,749 1,757 1,731 1,674 1,788 1,687 1,560 1,316 22,117 1,141 5.4% 2017/18 325 1,702 1,747 1,752 1,861 1,865 1,836 1,822 1,837 1,821 1,896 1,706 1,627 1,473 23,269 1,153 5.2% 2018/19 325 1,800 1,836 1,862 1,866 1,981 1,986 1,909 1,908 1,920 2,053 1,825 1,640 1,543 24,454 1,185 5.1% 2019/20 325 1,919 1,943 1,966 1,990 1,989 2,109 2,076 2,007 2,012 2,161 1,995 1,757 1,557 25,807 1,352 5.5% 2020/21 325 2,021 2,071 2,071 2,087 2,100 2,104 2,197 2,175 2,108 2,263 2,079 1,920 1,673 27,194 1,388 5.4% 2021/22 325 2,079 2,168 2,193 2,194 2,208 2,216 2,185 2,291 2,280 2,367 2,200 1,999 1,823 28,529 1,335 4.9% 2022/23 325 2,141 2,223 2,294 2,313 2,329 2,332 2,312 2,290 2,387 2,553 2,294 2,115 1,902 29,811 1,281 4.5% 2023/24 325 2,224 2,295 2,344 2,410 2,419 2,459 2,437 2,406 2,386 2,670 2,464 2,206 2,025 31,070 1,260 4.2% 2024/25 325 2,294 2,386 2,428 2,474 2,528 2,553 2,573 2,536 2,510 2,671 2,592 2,368 2,108 32,346 1,276 4.1% 2025/26 325 2,378 2,469 2,526 2,552 2,594 2,675 2,701 2,682 2,646 2,806 2,586 2,489 2,272 33,702 1,356 4.2%

SLIDE 26

Ten Year Forecast

By Elementary Campus

Cox Elementary may enroll 535 by this fall, and more than 630 students by 2017
Hatfield Elementary may enroll more than 500 students by 2017
By 2018, seven campuses may be over stated capacity, and three additional

campuses may be within 5% of capacity

26

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

Current ENROLLMENT PROJECTIONS Campus Capacity 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 Beck Elementary 850 809 849 877 902 893 899 902 904 902 905 909 Clara Love Elementary 850 716 708 684 696 694 677 682 688 697 703 709 Cox Elementary 850 443 535 632 722 814 871 922 947 918 887 899 Granger Elementary 850 912 920 925 918 900 923 928 934 941 948 957 Haslet Elementary 650 428 625 681 742 804 871 913 944 975 1,005 1,045 Hatfield Elementary 450 453 480 505 537 573 603 676 782 892 1,009 1,118 Hughes Elementary 650 556 569 569 578 573 579 602 627 651 677 704 Justin Elementary 650 535 545 570 599 637 677 725 767 812 858 891 Lakeview Elementary 650 564 585 610 642 695 703 709 712 708 708 724 Nance Elementary 650 498 542 594 661 723 769 814 858 904 943 988 Peterson Elementary 850 848 688 737 809 839 858 870 870 874 882 887 Prairie View Elementary 650 424 447 449 452 480 510 539 568 600 629 659 Roanoke Elementary 850 713 694 697 718 731 752 808 836 861 884 905 Sendera Ranch Elementary 650 585 583 608 636 711 775 887 1,006 1,130 1,252 1,356 Seven Hills Elementary 650 532 541 546 539 543 545 559 577 598 619 640 Schluter Elementary 650 620 701 783 851 949 1,044 1,091 1,146 1,183 1,204 1,205 Thompson Elementary 650 562 593 621 654 682 723 756 791 830 875 923 ELEMENTARY SCHOOL TOTALS 12,050 10,198 10,605 11,088 11,656 12,241 12,779 13,383 13,957 14,476 14,988 15,519 Elementary Absolute Growth 475 407 484 567 585 538 604 574 519 512 531 Elementary Percent Growth 4.89% 3.99% 4.56% 5.11% 5.02% 4.40% 4.73% 4.29% 3.72% 3.54% 3.54%

SLIDE 27

Ten Year Forecast

By Secondary Campus

Tidwell Middle School may enroll more than 1,300 students by 2017
Wilson Middle School may have more than 1,000 students by 2018
Eaton High School is anticipated to enroll more than 2,000 students by 2017

27

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

Current ENROLLMENT PROJECTIONS Campus Capacity 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 Chisholm Trail Middle School 1,100 987 1,046 1,126 1,191 1,306 1,413 1,463 1,522 1,567 1,661 1,782 Gene Pike Middle School 1,100 771 837 932 975 1,004 1,068 1,112 1,112 1,114 1,197 1,310 Medlin Middle School 1,100 1,108 1,131 1,120 1,154 1,217 1,298 1,289 1,254 1,237 1,260 1,315 Tidwell Middle School 1,200 1,107 1,208 1,312 1,369 1,480 1,539 1,648 1,724 1,829 1,910 1,911 Wilson Middle School 1,200 825 940 990 1,048 1,088 1,162 1,244 1,377 1,482 1,591 1,711 MIDDLE SCHOOL TOTALS 5,700 4,798 5,162 5,480 5,737 6,095 6,480 6,756 6,989 7,229 7,619 8,029 Middle School Absolute Growth 186 364 318 257 358 385 276 233 240 390 410 Middle School Percent Growth 4.03% 7.59% 6.16% 4.69% 6.24% 6.32% 4.26% 3.45% 3.43% 5.39% 5.38% Northwest High School 2,525 2,256 2,039 1,748 1,780 1,882 1,999 2,141 2,266 2,403 2,457 2,539 Byron Nelson High School 2,400 2,557 2,625 2,690 2,771 2,910 3,059 3,180 3,372 3,521 3,627 3,736 Eaton High School 2,500 982 1,517 2,094 2,342 2,510 2,708 2,900 3,057 3,272 3,486 3,710 Steele Accelerated High School 450 139 139 139 139 139 139 139 139 139 139 139 Denton Creek 46 30 30 30 30 30 30 30 30 30 30 HIGH SCHOOL TOTALS 7,875 5,980 6,350 6,701 7,062 7,471 7,935 8,390 8,864 9,365 9,739 10,154 High School Absolute Growth 484 370 351 361 409 464 455 475 501 374 414 High School Percent Growth 8.81% 6.19% 5.52% 5.39% 5.79% 6.22% 5.73% 5.66% 5.65% 4.00% 4.25% DISTRICT TOTALS 25,625 20,976 22,117 23,269 24,454 25,807 27,194 28,529 29,811 31,070 32,346 33,702 District Absolute Growth 1,145 1,141 1,153 1,185 1,352 1,388 1,335 1,281 1,260 1,276 1,356 District Percent Growth 5.8% 5.4% 5.2% 5.1% 5.5% 5.4% 4.9% 4.5% 4.2% 4.1% 4.2%

SLIDE 28

Summary

One in four district home sales in 2015 was of a new home.
Beck Elementary zone had the most new home closings in the last 12

months, with nearly 200 units closed.

Hatfield Elementary zone has the most planned future lots in NISD.
336 tax-credit apartment units within Northwest ISD will begin leasing

this fall.

There are more than 1,500 planned multi-family units within NISD at

this time.

This fall, NISD is expected to enroll more than 22,000 students.
NISD can expect an increase of approximately 6,200 students during

the next 5 years.

2020/21 enrollment projection: 27,194 students.
NISD is projected to have 33,702 students for the 2025/26 school year.

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