The Stephenville ISD Board of Trustees voted unanimously to call a - - PowerPoint PPT Presentation

The Stephenville ISD Board

• f Trustees voted

unanimously to call a $60.8 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

• peration budgets or salaries.

WHAT IS A BOND ELECTION?

STEPHENVILLE ISD BOND HISTORY

• SISD’s last bond election: 2012
• Voters approved $24 million with an anticipated 12 cent increase
• Due to the Central and Chamberlin renovations coming in under budget, the tax rate

was ultimately only increased by 6.5 cents

• The SISD Board of Trustees will only raise the I&S tax rate as necessary up to 10.8

cents based on the final costs of the 2018 proposed bond projects.

Central Elementary School Chamberlin Elementary School

BACKGROUND ON THE PROCESS

FACILITIES PLANNING COMMITTEE

INFORMATION STUDIED

Facility Assessment Campus Tours Potential Projects Financial Information Community Surveys Department Presentations

The Facilities Planning Committee studied and prioritized

• ver $100 million worth of needs in the district.

FACILITIES PLANNING COMMITTEE PROCESS

Identified Potential Projects Ranked Weighted Criteria Defined Consensus Rated Potential Projects Community Phone Survey APRIL – MAY 2017 AUGUST 2017 Reconvened Committee

Studied Additional Project Options & Costs

Built Ideal Bond Packages Committee Consensus

Recommendation

to the Board

SEPTEMBER – DECEMBER 2017

WHAT’S PROPOSED

The $60.8 million bond election addresses facility needs for

• ur students in the following areas:

Safety & Security High School Additions & Renovations Extracurricular Expansion Fine Arts Additions & Renovations Career & Technology Education Improvements

SAFETY & SECURITY

Stephenville High School

• Controlled vestibule entrance to

require visitors to be granted access inside the building

• Enclosed corridor addition to

connect the vocational building to the main building

• Addition of fire sprinkler system

throughout $6,030,000

Example of a controlled vestibule entrance (Central Elementary)

SAFETY & SECURITY

Gilbert Intermediate School

• Enclosed corridor addition to

connect all buildings

• Restroom renovations to make

ADA compliant and addition of restrooms for teachers and visitors

• Renovation of P.E. dressing area
• Addition of fire sprinkler system

throughout $6,030,000

(continued)

Proposed plan for Gilbert Intermediate

HIGH SCHOOL ADDITIONS & RENOVATIONS

• Update and renovate main

building corridors to improve student circulation and add classrooms

• Renovate the existing auditorium

and gymnasium to become

• ffices, counseling area, and

additional classrooms. $7,740,000

Proposed plan for Stephenville High School

STUDENT PARTICIPATION

• Over 80% of Student Body

Participate in Extra-Curricular Activities

• Currently 617 students in

Athletics

• 537 students in Fine Arts
• 931 students are enrolled in an

Agricultural or Career and Technical Class

EXTRACURRICULAR EXPANSION

• New competition-sized gymnasium

with full size main and cross courts and increase in spectator seating

• New softball complex with lighting,

artificial turf, press box, and bleachers to accommodate 500

(SISD does not currently have their own softball field)

• Athletic training area renovations

and locker room additions $15,050,000

Existing Stephenville ISD HS Gymnasium

EXTRACURRICULAR EXPANSION

• New competition-sized gymnasium

with full size main and cross courts and increase in spectator seating

• New softball complex with lighting,

artificial turf, press box, and bleachers to accommodate 500

(SISD does not currently have their own softball field)

• Athletic training area renovations

and locker room additions $15,050,000

Example of competition gymnasium (West ISD)

FINE ARTS ADDITIONS & RENOVATIONS

• New fine arts auditorium addition

with seating for 1100 and includes dressing rooms, scene shop, and black box theater

• Renovation of existing auditorium

to include space for dance and art classrooms

• Interior renovation to allow for the

expansion of band and choir space

• Relocated grass practice field for

marching band $16,360,000

Existing Stephenville ISD Auditorium

FINE ARTS ADDITIONS & RENOVATIONS

• New fine arts auditorium addition

with seating for 1100 and includes dressing rooms, scene shop, and black box theater

• Renovation of existing auditorium

to include space for dance and art classrooms

• Interior renovation to allow for the

expansion of band and choir space

• Relocated grass practice field for

marching band $16,360,000

Example of a new auditorium (Liberty Hill ISD)

CTE IMPROVEMENTS

• Full renovation of the vocational

building to accommodate growing CTE programs

• Relocate life skills to main building to

better accommodate the program

• New agriculture science center to

include labs, classrooms, a multipurpose space, and support areas $15,630,000

Existing cooking class space at Stephenville HS

CTE IMPROVEMENTS

• Full renovation of the vocational

building to accommodate growing CTE programs

• Relocate life skills to main building to

better accommodate the program

• New agriculture science center to

include labs, classrooms, a multipurpose space, and support areas $15,630,000

Example of a culinary kitchen (Liberty Hill ISD)

Safety & Security High School Additions & Renovations Extracurricular Expansion Fine Arts Additions & Renovations Career & Technology Education Improvements $6,030,000 $7,740,000 $15,050,000 $16,360,000 $60,810,000 $15,630,000

TAX INFORMATION

GENERAL OPERATING FUND DEBT SERVICES FUND

SCHOOL TAX RATE OVERVIEW

Maintenance and Operations (M&O)

• The Annual District Budget is passed by the Board of

Trustees.

• Day-to-day operations such as salaries, utilities,

repairs, supplies, etc.

• 75.03% of the District’s M&O budget goes to

payroll.

Interest and Sinking (I&S)

• I&S funds may only be used to repay debt issued for items

such as new construction, renovations, roofing, HVAC, etc.

• Cannot be used for salaries, utilities, or other day-to-day

expenses.

• Bond elections affect the I&S portion of a school district’s

tax rate.

For the average citizen, this is similar to:

• House repairs
• Car fuel
• Routine services
• Groceries
• Utilities
• New home purchase
• House renovations
• Land for a home
• Major appliances
• New car

$1.17

M&O TAX RATE

$0.0649

I&S TAX RATE

$1.2349

STEPHENVILLE ISD TOTAL TAX RATE

CURRENT STEPHENVILLE ISD TAX RATE

per $100 of property value

ESTIMATED TAX IMPACT

If approved, the estimated maximum tax impact of this bond is 10.8 cents for a total tax rate of $1.3429.

Taxable Home Value Estimated Monthly Tax Impact*

$100,000 $9.00 $150,000 $13.50 $200,000 $18.00 $250,000 $22.50 $300,000 $27.00

*Assumes $25,000 homestead exemption.

+$9.00 Per Month

Taxable Home Value *100,000

HOMEOWNERS AGE 65 & OVER

• Stephenville ISD property taxes for citizens age 65 or older would not

be affected by the bond election.

• Under state law, the dollar amount of school taxes imposed on the

residence homestead of a person 65 years of age or older 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 INFORMATION

WHO CAN VOTE?

Must be a registered voter who resides within the school district boundaries. The final day to register to vote is Thursday, April 5, 2018. Voter registration forms are available at every campus.

VOTING INFORMATION

EARLY VOTING

Erath County Courthouse

100 W. Washington St. Stephenville, Texas 76401

Dublin County Annex

219 S. Grafton Dublin, Texas 76446

Monday, April 23 – Friday, April 27 8:00 am – 5:00 pm Monday, April 30 – Tuesday, May 1 7:00 am – 7:00 pm

Saturday, May 5 7:00 am – 7:00 pm

ELECTION DAY

QUESTIONS?