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

The Stephenville ISD Board of Trustees voted unanimously to call a $60.8 million bond election for May 5, 2018.

WHAT IS A BOND ELECTION? Provide communities an • opportunity 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 or salaries.

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 Campus Potential Financial Community Department Assessment Tours Projects Information Surveys Presentations The Facilities Planning Committee studied and prioritized over $100 million worth of needs in the district.

FACILITIES PLANNING COMMITTEE PROCESS APRIL – MAY 2017 AUGUST 2017 Identified Ranked Rated Community Defined Potential Weighted Potential Phone Consensus Projects Criteria Projects Survey SEPTEMBER – DECEMBER 2017 Studied Built Ideal Committee Reconvened Additional Recommendation Bond to the Board Project Options Consensus Committee Packages & Costs

WHAT’S PROPOSED

The $60.8 million bond election addresses facility needs for our students in the following areas: Safety & High School Extracurricular Fine Arts Career & Security Additions & Expansion Additions & Technology Renovations Renovations Education Improvements

SAFETY & SECURITY $6,030,000 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 Example of a controlled vestibule entrance (Central Elementary)

SAFETY & SECURITY $6,030,000 (continued) Gilbert Intermediate School • Enclosed corridor addition to connect all buildings Proposed plan for • Restroom renovations to make Gilbert Intermediate ADA compliant and addition of restrooms for teachers and visitors • Renovation of P.E. dressing area • Addition of fire sprinkler system throughout

HIGH SCHOOL ADDITIONS $7,740,000 & RENOVATIONS • Update and renovate main building corridors to improve student circulation and add classrooms • Renovate the existing auditorium and gymnasium to become offices, counseling area, and additional classrooms. 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 $15,050,000 • 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 Existing Stephenville ISD HS Gymnasium

EXTRACURRICULAR EXPANSION $15,050,000 • 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 Example of competition gymnasium (West ISD)

FINE ARTS ADDITIONS $16,360,000 & 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 Existing Stephenville ISD Auditorium marching band

FINE ARTS ADDITIONS $16,360,000 & 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 Example of a new auditorium (Liberty Hill ISD) marching band

CTE IMPROVEMENTS $15,630,000 • 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 Existing cooking class space at Stephenville HS

CTE IMPROVEMENTS $15,630,000 • 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 Example of a culinary kitchen (Liberty Hill ISD)

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

TAX INFORMATION

SCHOOL TAX RATE OVERVIEW GENERAL OPERATING FUND DEBT SERVICES FUND Interest and Sinking (I&S) Maintenance and Operations (M&O) • I&S funds may only be used to repay debt issued for items The Annual District Budget is passed by the Board of • such as new construction, renovations, roofing, HVAC, etc. Trustees. • Cannot be used for salaries, utilities, or other day-to-day • Day-to-day operations such as salaries, utilities, expenses. repairs, supplies, etc. Bond elections affect the I&S portion of a school district’s • 75.03% of the District’s M&O budget goes to • tax rate. payroll. For the average citizen, this is similar to: • House repairs • New home purchase Car fuel House renovations • • • Routine services • Land for a home • Groceries • Major appliances Utilities New car • •

CURRENT STEPHENVILLE ISD TAX RATE M&O I&S STEPHENVILLE ISD TAX RATE TAX RATE TOTAL TAX RATE $1.17 $0.0649 $1.2349 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. Estimated Monthly Tax Taxable Home Value Impact* $100,000 $9.00 +$9.00 Per Month $150,000 $13.50 Taxable Home Value $200,000 $18.00 *100,000 $250,000 $22.50 $300,000 $27.00 *Assumes $25,000 homestead exemption.

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 Erath County Dublin County Courthouse Annex 100 W. Washington St. 219 S. Grafton Stephenville, Texas 76401 Dublin, Texas 76446 EARLY VOTING ELECTION DAY Monday, April 23 – Friday, April 27 8:00 am – 5:00 pm Saturday, May 5 7:00 am – 7:00 pm Monday, April 30 – Tuesday, May 1 7:00 am – 7:00 pm

QUESTIONS?