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DS ISD's $132M Bond 2018 - Without raising the tax rate!
Election Day May 5
Dr. Bruce Gearing showed a great video on the details of the bond and you can get all the facts at:
Early voting started April 23rd and will run through May 1. The actual election day is May 5th.
Some information from the presentation:
* The District includes:
7 schools
6,471 students
$76,500,000 budget
198 square miles of coverage
Has added over 1,300 students in 3 years and expects to add another 2,500 in 5 years
The bond proposal was made after including over 100 stakeholders in 10 group meetings and compiling 1 recommendation to the school board. Due to the economic growth in the form of new construction and increased property values, DS ISD plans to finance this bond using the current tax rate of $1.52 per $100 value.
Here's the proposed spending:
$72 M for new construction ($33M of that is renovation of existing facilities)
$9 M for land acquisition
$7.2 M for maintenance and update of support facilities (including relocation)
$7.6 M for technology updates and new technology
Other items on the ballot include:
North Hays County ESD Sales Tax Election is proposing a .5% sales tax increase to maintain the current level of services.