FACILITIES PLANNING COMMITTEE Update Love and Inspire
WHAT IS A BOND ELECTION? • A bond election is an election where voters decide whether to give the Board authority to sell bonds to pay for items such as school construction, capital projects, technology, buses, and land. • A bond is similar to a home mortgage. It is a contract to repay borrowed money with interest over time. • Bond funds CANNOT be used as part of the general operating budget or for salaries.
PURPOSE OF A BOND • State funds are NOT provided for school construction or improvements. • This bond would allow the district to finance improvements and renovations without cutting regular budget items like school programs, teachers and staff. • Bonds are financed to match the life of the asset, so shorter lived assets, such as buses, are paid for in a much shorter 5-10 year period.
TAX RATE INFORMATION Your current school taxes involve two figures: Maintenance & Operations (M&O) Interest & Sinking (I&S) Daily operations of the district. Used for debt repayment. ON ONLY : teacher salaries, text books, Bond elections only affect electricity, fuel, supplies, etc. the I&S rate. $0.2153 $1.05 x M&0 I&S Per $100 of property value $1.05 + $0.2153 = Current Total Tax Rate of $1.265
TAX IMPACT • The outcome of this bond election will not affect the school district tax rate. • Regardless of the outcome, the MFISD tax rate has decreased by one penny. • Benefits the Maintenance and Operations budget.
THE PROCESS • The Facilities Planning Committee (FPC), comprised of a cross-selection of the community, met over the course of four months to study and prioritize the facility needs of the district. • Reviewed current facilities, demographic reports, district financial information, project options and cost details. • Formed a recommendation for a November 2018 bond election.
NOVEMBER 2018 BOND • In a unanimous vote, the Marble Falls Board of Trustees approved an order calling for a $55 million bond election for November 6, 2018 with a tax rate decrease of one penny. • The FPC’s recommendation is a comprehensive proposal that addresses needs at every campus.
BOND PROPOSAL OVERVIEW SAFETY & SECURITY • Lockdown systems and keyless access control panels • Upgrade fire suppression systems • Improve traffic circulation and parking • New buses equipped with seatbelts • Mental health and counseling spaces at all campuses
BOND PROPOSAL OVERVIEW RENOVATIONS • New front entrance to high school • High School Athletic Facilities upgrades/replacements due to equity and safety concerns • Improve acoustics and sound proofing of existing band hall at Marble Falls Middle School • Connect buildings to reduce entry points at Highland Lakes • Renovate “Pink Building” / old junior high for future district use
BOND PROPOSAL OVERVIEW AGING FACILITIES • Repair/replace heating and air conditioning systems (at least 90 units are more than 25 years old) • Repair/replace roofs and plumbing • Seal or resurface certain drives / parking areas • Technology
PROJECT BREAKDOWN MARBLE FALLS HIGH SCHOOL (Year Built 1988) • New front entrance Secure/single point of entry vestibule o Expanded service and assistance area, fine arts and o collaboration spaces • Addition to connect existing cafeteria, library and student commons • Athletic Facilities Expanded girls’ locker room at Max Copeland gym o Resurface track and turf at Mustang o Stadium
MARBLE FALLS HIGH SCHOOL
COURTYARD GOES FROM… LIBRARY CAFETERIA COURTYARD/ COMMONS
…TO EXPANDED CAFETERIA/COMMONS This is a draft concept for planning purposes only. Subject to change.
PROJECT BREAKDOWN MARBLE FALLS MIDDLE SCHOOL (Year Built 1967, 1968, 1988, 1998, 2008) • Improve / expand cafeteria to ease overcrowding • Sound proof existing band hall • Restroom improvements
PROJECT BREAKDOWN MARBLE FALLS ELEMENTARY SCHOOL (Year Built 1961, 1998) • Renovate D Wing to update / match remainder of campus • Renovate “Pink Building”/ old junior high to be used for future district use, such as additional classrooms or for early childhood
PROJECT BREAKDOWN HIGHLAND LAKES ELEMENTARY SCHOOL (Year Built 1998, 2004) • Connect main campus to 4 th grade hall to reduce entry points • Renovate / expand service and assistance locations
HIGHLAND LAKES ELEMENTARY
PROJECT BREAKDOWN OTHER • Phase III- Restroom and office additions at Transportation Building (move district employees out of portable offices) • Purchase buses with three-point harnesses • Technology equipment and infrastructure for students and teachers to support 21 st Century learning
Summary • Community developed • $55 million bond program – tax rate decrease • Projects include improved safety, addressing aging facilities, and increasing effectiveness • Every campus would be improved • Current needs and anticipates needs for next five years
VOTING LOCATIONS Vote Early At: • Marble Falls Middle School 1511 Pony Dr, Marble Falls, TX 78654 • Marble Falls Courthouse South Annex 810 Steve Hawkins Parkway, Marble Falls 78654 • Burnet County Courthouse 220 S. Pierce, Burnet 78611
Future Bond Information Meetings To learn more about the bond: Saturday, September 22 nd – 10:00 AM • Central Office Community Room Monday, September 24 th – 6:00 PM • High School Library Tuesday, September 25 th – 6:00 PM • Spicewood Elementary Library Monday, October 1 st – 6:00 PM • Highland Lakes Elementary Cafeteria and Library – In English and Spanish
Questions? For more information, visit www.marblefallsisdbond.org
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