The Salado ISD Board of Trustees voted unanimously to call a $49.4 - - PowerPoint PPT Presentation

The Salado ISD Board of Trustees voted unanimously to call a $49.4 million bond election for May 5, 2018.

• Provide communities an
• pportunity to vote to give

the Board of Trustees authority to sell bonds to pay for items such as school construction, capital projects, technology, and land acquisition.

• By law, bonds are not

allowed to be used for general operation budgets

• r salaries.

WHAT IS A BOND ELECTION?

BACKGROUND ON PROCESS

THE PLANNING PROCESS

Strategic Planning Committee

Tasked with setting a direction for the district focused in 4 main areas Goal 4: SISD will provide quality facilities for students and staff .

I nternal Planning & I nput

Leadership, Department & Campus Staff Interviews Internal Needs Assessment Financial Analysis

Long-Range Planning Committee

58 Community and Staff Members Met over 5 months to study and prioritize facility needs for the second phase

• f the district’s

long-range plan

COMMITTEE PROCESS

 Existing Facility Conditions Assessment  Enrollment Projections  Capacity Analysis  Facility Tours  SISD Financial Info  Tax Impact Scenarios  Project Cost Analysis  2 Community Surveys

58 committee members met 6 times over the past 5 months and engaged in

discussion around the following topics:

COMMITTEE MEMBERSHIP

Broad cross-section of the Salado community:

• Stacey Alcozer
• Gail Allard
• Bobbie Ann Adair White
• Beth Aycock
• Courtnie Bagley
• Paul Baird
• Allison Bragg
• Travis Burleson
• Lyndal Cabaniss
• Frank Coachman
• Curtis Crenwelge
• George Dentry
• Marcus Edwards
• Jon Franz
• Bruce Gordon
• Lacey Gunter
• Cassie Harvey
• Troy Heath
• Savannah Hennig
• Lourdes Hilfman
• Ryan Hodge
• Niki Howton
• Susan Humiston
• Andy Jackson
• Kristi Jarvis
• Joe Keyes
• Theresa Kunz
• Kristi Maedgen
• Sara Matthews
• Amy McLane
• Cindy Mewhinney
• Eldon Miller
• Harry Miller
• Jackie Mills
• Katie Mullins
• Paula Myers
• Samuel Ortiz
• David Preston
• Dr. Ken Quirk
• Marvin Rainwater
• Allen Sandor
• Chris Seaton
• Jim Sewell
• Ross Sproul
• Dave Swarthout
• Laura Tomlin
• Jason Torczynski
• Teresa Voelter
• Kathi Walrath
• Bobby Whitson
• Non-Voting Members:
• Dan Agee
• Dr. Kim Bird
• Earl Bragg
• Dr. Michael Novotny
• Nate Self
• Burt Smith
• Troy Smith

SISD Growth

Projected Growth Templeton Demographics – By 2020-2021, all four campuses will be over capacity. – Salado ISD is expected to add 444 students in the next five years, for a fall 2021 enrollment of 2,198. – Salado ISD is expected to add 962 students in the next ten years, for a fall 2026 enrollment of 2,716.

GROWTH PROJECTIONS: TEN YEAR FORECAST

*Yellow box = largest grade per year *Green box = second largest grade per year Year (OCT) EE PK K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Total Growth Total % 2012/13 1 25 73 111 93 91 100 102 98 101 103 121 101 122 108 1,350 2013/14 7 35 85 87 123 104 99 116 111 110 116 127 129 109 113 1,471 121 9.0% 2014/15 1 60 99 104 102 122 114 108 137 123 109 126 129 129 98 1,561 90 6.1% 2015/16 1 58 125 112 110 114 136 117 117 150 132 127 126 127 112 1,664 103 6.6% 2016/17 1 62 105 142 127 118 122 152 135 124 149 146 126 124 121 1,754 90 5.4% 2017/18 1 62 115 120 159 135 127 132 166 147 128 166 145 124 113 1,840 86 4.9% 2018/19 1 62 131 131 133 169 146 136 146 180 151 144 166 142 112 1,950 110 6.0% 2019/20 1 62 105 151 147 142 180 159 148 157 183 168 143 163 131 2,040 90 4.6% 2020/21 1 62 116 120 169 156 151 193 172 160 161 205 167 140 149 2,122 82 4.0% 2021/22 1 62 131 133 134 179 165 162 205 186 164 180 204 164 128 2,198 76 3.6% 2022/23 1 62 144 150 149 142 190 178 174 216 190 183 179 200 150 2,308 110 5.0% 2023/24 1 62 137 173 168 159 151 204 191 187 222 213 182 176 183 2,409 101 4.4% 2024/25 1 62 147 159 193 178 169 162 218 203 192 249 212 179 161 2,485 76 3.2% 2025/26 1 62 162 165 178 205 189 181 174 232 208 215 248 208 164 2,592 107 4.3% 2026/27 1 62 178 185 184 190 218 201 194 185 238 233 214 243 190 2,716 124 4.8%

GROWTH PROJECTIONS & CAPACITY IMPACT

Facility exceeds program capacity (Capacity does not include use of portables)

TRANSFER STUDENTS

As a result: – Number lowered from 254 last year to 237 – 17 less transfer / 117 more resident students – Enrollment projections are based on resident student growth only As of January 2017, no longer accepting new out

• f district transfer

students, with the following exceptions:

– Children of employees – Siblings of current transfer students – Children of active duty military or disabled veterans

WHAT’S PROPOSED

The $49.4 million bond proposal, serving as the first step in the district’s long-range facilities plan, addresses:

SAFETY GROWTH AGING FACILITIES STUDENT PROGRAMS

Thomas Arnold Elementary:

• Enclosed corridor addition connecting the

kindergarten / first grade buildings and gymnasium to the main building

• All buildings will be tied together under one roof

eliminating multiple access points

SAFETY AND GROWTH

New Middle School:

• Serving grades 6-8, built on district-owned property on Williams

Road adjacent to the existing high school.

• The school will accommodate 584 initial student capacity with

the ability to add classrooms as the district grows. Core spaces will be built to accommodate a full capacity of 684 students.

• Grades PK-5 will remain on Thomas Arnold Road and will be

distributed amongst the existing facilities, eliminating the use of classroom portables and providing capacity for future growth.

SAFETY AND GROWTH

Extracurricular and Athletics:

• Improvements to the existing stadium will include new

concessions, new restrooms, additional seating and turf field.

• New baseball and softball facilities built between the existing

high school and the proposed new middle school.

• The new facilities will increase safety measures by allowing

more students to remain on campus for practices and events, and eliminating travel to Thomas Arnold Road.

STUDENT PROGRAMS

TAX OVERVIEW

TAX OVERVIEW School taxes involve two figures:

$1.04

SI SD M&O TAX RATE

$0.18

SI SD I &S TAX RATE

$1.22

TOTAL TAX RATE

per $100

• f property value

I nterest & Sinking (I &S)

Used for debt repayment; bond elections only affect this rate.

Maintenance & Operations (M&O)

Daily operations: teacher salaries, electricity, fuel, supplies, etc.

ESTIMATED TAX IMPACT

• The estimated maximum tax

impact of this bond is 31.62 cents for a total tax rate of $1.54.

Home Value Estimated Monthly Tax I mpact* *

$100,000 $19.76 $150,000 $32.94 $200,000 $46.11 *$238,848 $56.35 $250,000 $59.29 $300,000 $72.46

* Average Home Value * * Assumes $25,000 homestead exemption.

+$56.32 Per Month

Taxable Home Value *238,848

HOMEOWNERS AGE 65 & OVER

Over 65 Homestead Exemption

• Under state law, the dollar amount of school taxes imposed
• n the residence homestead of a person 65 years of age or
• lder cannot be increased above the amount paid in the first

year after the person turned 65 unless significant improvements are made to the home

• Over 65 Homestead Exemption application must be filed with

local appraisal district.

VOTING

Early Voting Monday, April 23 – Tuesday, May 1, 2018 Election Day Saturday, May 5, 2018

Details on times on locations: sisdbond.org/voting-information.html

VOTING INFORMATION

• Register to Vote

– In order to be eligible to vote in the Salado ISD bond election, individuals must be a

registered voter who

resides within the school district boundaries. – The final day to register to vote in the May 5 election is

April 5, 2018.

QUESTIONS? For more information, visit sisdbond.org