college station isd 2015 bond information election date: november 3, 2015

COLLEGE STATION ISD2015 Bond InformationElection Date: November 3, 2015

A Growing Community• College Station is growing

• Texas A&M University• Brazos Valley Bio-Corridor• College Station Medical District

• CSISD is a fast growth school district• 97th Percentile in percentage growth (last 5 years)

CSISD Enrollment 1948-2008

506

1554

2283

3138

5244

7194

9202

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

1948 1959 1968 1978 1988 1998 2008

District Enrollment Trends• Consistent period of growth

• 1978-1988 2,100 students 10 years• 1988-1998 1,950 students 10 years• 1998-2008 2,000 students 10 years



• Accelerated growth• 2008-2014 3,300 students 6 Years



• Accelerated growth• 2008-2014 3,300 students 6 Years

• 1,500 Students in the last 2 Years (from Oct. 2012 to Oct. 2014)

Responding to Growth – Since 2004• Bond Elections

• May 2007 $67.4 Million• May 2009 $144.2 Million• November 2013 $83.5 Million



• Major Projects Completed• Built 4 Elementary Schools• Built 1 High School



• Major Projects Completed• Built 4 Elementary Schools• Built 1 High School• Rebuilt 2 Schools

• College Hills Elementary• College View High School



• Major Projects Completed• Built 4 Elementary Schools• Built 1 High School• Rebuilt 2 Schools

• College Hills Elementary• College View High School

• Built Support Services Facility• Transportation – Phase 1• Purchasing/Warehouse – Phase 2

CSISD Schools in 2004Elementary Schools (PK-4)

Intermediate Schools (5-6)

Middle Schools (7-8)

High Schools (9-12)

CSISD Schools in 2015Elementary Schools (PK-4)

Intermediate Schools (5-6)

Middle Schools (7-8)

High Schools (9-12)

Planning Processes - PFG• Board of Trustees chartered a PFG committee to

Planning Processes - PFG• Board of Trustees chartered a PFG committee to• Study

• Enrollment history and projections• School capacities• State of various current facilities• Potential other capital needs• Potential effect of additional facilities on budget and tax rate

Planning Processes - PFG• Board of Trustees chartered a PFG committee to• Study

• Enrollment history and projections• School capacities• State of various current facilities• Potential other capital needs• Potential effect of additional facilities on budget and tax rate

• Make a Recommendation• Whether to go out for bond• Timing of bond (2015, 2016)• Potential projects for the Board to consider

Committee Recommendations• Intermediate School #3 To Open 2017• Middle School #3 To Open 2018• Elementary School #10 To Open 2018

Committee Recommendations• Intermediate School #3 To Open 2017• Middle School #3 To Open 2018• Elementary School #10 To Open 2018• Renovations & Additions to current IS & MS

• Flexible Instructional Spaces – all four schools• AMCMS Locker Rooms• Oakwood Entrance• Cypress Grove Additional Restrooms

Committee Recommendations• Intermediate School #3 To Open 2017• Middle School #3 To Open 2018• Elementary School #10 To Open 2018• Renovations & Additions to current IS & MS

• Flexible Instructional Spaces – all four schools• AMCMS Locker Rooms• Oakwood Entrance• Cypress Grove Additional Restrooms

• Other Capital Needs• Buses• Technology• Deferred Maintenance• Land Acquisition

Cost Estimates

Intermediate School #3 $38,380,000Middle School #3 $51,370,000Elementary #10 $24,220,000Existing IS/MS Renovations and Improvements$3,630,000Buses $1,600,000Technology $5,600,000Deferred Maintenance $5,200,000Land Acquisition $5,900,000

GRAND TOTAL $135,900,000

How Bonds Work

• Bonds are sold by the district, and the district repays the debt, with interest over a period of years• Works just like a home mortgage

How Bonds Work

• Bonds are sold by the district, and the district repays the debt, with interest over a period of years• Works just like a home mortgage

• The district levies a tax solely for the purpose of paying off debt• Interest & Sinking (I&S) Tax Rate• This money cannot be used for anything else

Maintenance and Operations$1.04

Interest and Sinking$0.3229

M & O I & S


Spent on: Day to Day expenses (salaries, supplies, utilities, etc.)


Spent on: “Mortgages”/Paying Debt

M & O I & S



Funding Source: Local taxes and State Funds



Funding Source: Local Taxes

M & O I & S



Funding Source: Local taxes and State Funds

Limits: If the district collects more taxes per student than the state allows for the year, the extra is sent to the state.

Tax rate limit of $1.04 per $100 of valuation w/o an election



Funding Source: Local Taxes

Limits: Can only be spent on paying debt; may not be spent on paying day to day expenses

Tax rate limit of $0.50 per $100 of valuation

M & O I & S

Debt Service Taxes

• How has CSISD’s Debt Service tax rate changed over the years?

Debt Service Taxes


• From 2004 to 2015• Tax Rate increased 5.3 cents from $0.2700 to $0.3229 per $100

valuation

Debt Service Taxes


• From 2004 to 2015• Tax Rate increased 5.3 cents from $0.2700 to $0.3229 per $100

valuation• Built 4 Elementary Schools• Built 1 High School• Rebuilt 2 Schools• Built Support Services Facility

Debt Service Tax Projections

• How much would a 2015 Bond issue affect the debt service tax rate?



• Amortization Schedules• 5-7 Years - Technology and Buses• 25-30 Years - Construction, Renovations, Deferred Maintenance

and Land Acquisition



• Amortization Schedules• 5-7 Years - Technology and Buses• 25-30 Years - Construction, Renovations, Deferred Maintenance

and Land Acquisition• High and Low Range Projections for $135.9 Million

• $0.0615 per $100 Valuation• $0.1000 per $100 Valuation


• From 2015 to 2019• Tax Rate is projected to increase less than 1.5 cents from $0.3229

to $0.3551 per $100 valuation



to $0.3551 per $100 valuation• Build 1 Elementary School• Build 1 Intermediate School• Build 1 Middle School



to $0.3551 per $100 valuation• Build 1 Elementary School• Build 1 Intermediate School• Build 1 Middle School• Renovations to current Intermediate and Middle Schools



to $0.3551 per $100 valuation• Build 1 Elementary School• Build 1 Intermediate School• Build 1 Middle School• Renovations to current Intermediate and Middle Schools• Other Projects

• Purchase buses • Replace aging technology infrastructure• Address deferred maintenance projects• Purchase land for additional future campuses


Taxable Value $0.06 rate increase $0.10 rate increase

Monthly

increaseYearly

Increase Monthly

IncreaseYearly

Increase

$150,000 $6.25 $75 $10.42 $125

$250,000 $11.25 $135 $18.75 $225

$350,000 $16.25 $195 $27.08 $325

$500,000 $23.75 $285 $39.58 $475

Additional Bond Information

www.csisd.org

or

bond.csisd.org

http://www.csisd.org/

http://bond.csisd.org/

November 3, 2015 Election• Last Day to Register to Vote - Monday, October 5, 2015

• Must be a registered voter AND have a picture ID


• Must be a registered voter AND have a picture ID• Early Voting Dates - October 19 - October 30

• 8:00 am - 5:00 pm October 19-28 (Monday through Friday)• 8:00 am - 8:00 pm October 29-30




• Early Voting Locations• College Station Utilities (Graham Road)• Memorial Student Center – Room 526





• November 3, 2015 is Election Day• First time to use Vote Centers (not precincts)





• November 3, 2015 is Election Day• First time to use Vote Centers (not precincts)

• More Voting Info – brazosvotes.org

http://www.brazosvotes.org/

CSISD Employee Ethics• As a school employee, you may not advocate for or

against the bond election in your official capacity as an employee• Open House• During Class• At school events• Via email• District Resources

• As a citizen, you do not lose your first amendment rights• At the grocery store• At the soccer field watching your children play

Questions/Comments?

college station isd 2015 bond information election date: november 3, 2015

Documents