2011 bond presentation_short version_09!12!11
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Bond money may be used for:
schools and facilities
expansion and renovation of existing facilities
furniture
technology equipment
buses and other support vehicles
land for future schools and facilities
Bond money may not be used to fund daily operating costs, i.e.,
teacher salaries, utilities, fuel, etc.
About Bond Elections
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Citizens’ Bond Advisory Committee:
Composed of 27 individuals
Members represent each attendance zone
Meetings held between March and May 2011
The BAC recommended to the Board of Trustees a $158.5 millionbond package be brought before District voters
In a unanimous 7-0 vote, the Board called a bond election to be
held November 8, 2011
Citizens’ Bond Advisory Committee
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Steadily increasing student enrollment and projections thatthis will continue in the future
Maintenance of existing facilities
Materials and equipment to maintain and improve
programming for students
It takes 2 to 3 years to design, construct and equip new
schools
Why Now?
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Historical Enrollment
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12
School Year
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Demographer projects growth rate of 6% to 7% annually
Current enrollment increase is 7.5% (Aug. 2010 to Aug. 2011)
Overall capacity will be reached as follows*:
middle schools 2012-2013 high school 2013-2014
elementary schools 2014-2016
Demographic Update
*based on standard student-to-teacher ratios which may change due to reductions in state funding
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*based on 2011 Demographic Update
Enrollment Growth*
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Current & Expanded Capacity – Elementary Schools
High Growth
Moderate Growth
Low Growth
Capacity = 4,250
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
High Growth
Moderate Growth
Low Growth
Capacity = 5,100
Projected Students vs. Current Capacity
Projected Students vs. Future Capacity
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Current Capacity – Middle Schools
800
900
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
2013 2014 2015 2016 2017 2018 2019 2020
800
900
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
2013 2014 2015 2016 2017 2018 2019 2020
Lake Travis MS
Hudson Bend MS
Projected Students vs. Current Capacity
Capacity = 900
High Growth
High Growth
Moderate Growth
Low Growth
Low Growth
Moderate Growth
Capacity = 900
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Expanded Capacity – Middle Schools
900
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
2013 2014 2015 2016 2017 2018 2019 2020
900
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
2013 2014 2015 2016 2017 2018 2019 2020
Projected Students vs. Expanded 1,200 Student Capacity
New Lake Travis MS
Expanded Hudson Bend MS
Capacity
Capacity
High Growth
High Growth
Moderate Growth
Moderate Growth
Low Growth
Low Growth
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Current & Expanded Capacity – High School
2,000
2,500
3,000
3,500
4,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
2,000
2,500
3,000
3,500
4,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Current
Expanded Capacity
Capacity = 3,500
Capacity = 2,500
High Growth
High Growth
Moderate Growth
Moderate Growth
Low Growth
Low Growth
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Major Bond Components
New Elementary School #6 $25,000,538
New Lake Travis Middle School $53,729,520 Expansion of Lake Travis HS into Current Lake Travis MS Campus $20,624,740
Expansion of Hudson Bend MS $22,246,711
Upgrades for Existing Facilities $20,727,262
- Lake Travis High School $8,594,354
- Lake Travis Elementary School $2,028,752
- Lakeway Elementary School $3,580,588
- Bee Cave Elementary School $2,581,132
- Lake Pointe Elementary School $2,004,481
- Serene Hills Elementary School $1,937,955
District-wide Improvements $ 9,277,383
Contingency and Closing Costs $ 6,848,846
TOTAL BOND PACKAGE $158,455,000
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Map & ScheduleCurrent LTISD Schools
1. Lake Travis ES2. Lakeway ES3. Bee Cave ES4. Lake Pointe ES5. Serene Hills ES6. Hudson Bend MS7. Lake Travis MS8. Lake Travis HS
EXPAND HBMS1,200 students
Complete 2013-2014
NEW LTMS1,200 students
Open 2014
NEW ELEM #6
850 studentsOpen 2014
EXPAND LTHSINTO EXISTING LTMS
Complete 2015
HWY 71
HAMILTON POOL ROAD
HWY 71
NEW LTMSBee Creek Rd.
NEW ES #6West Cypress Hills
6
1
2
5
87
34
RR 620
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School taxes are comprised of two parts:1.) Maintenance and Operations (M&O) - $1.0400
pays for salaries, utilities, supplies, contracted services,
etc.
2.) Debt Service (I&S) - $0.2759pays for existing debt (capital purchases)
Total current tax rate - $1.3159
Bond sales affect only the Debt Service tax rate
Since 1994-1995, LTISD has sent the state over $257 million in
recapture payments (“Robin Hood”)
School Finance
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Historical Tax Rate Information
$1.50 $1.47 $1.50 $1.50 $1.50$1.37
$1.04 $1.04 $1.04 $1.04 $1.04
$0.33$0.32 $0.29 $0.30 $0.30
$0.25
$0.32 $0.28 $0.28 $0.28 $0.28
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12
TRe
Tax Year
$1.801.801.791.791.83
$1.32
$1.62
$1.32
$1.36
$1.32 $1.32
I & S Tax Rate
M & O Tax Rate
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Tax increase: Approximately $0.0924
Total tax rate - $1.4083
Anticipated average market value of a residence:
Approximately $380,613 for 2011-2012
Exemptions:
LTISD’s 20% Optional Homestead Exemption
State $15,000 Mandated Exemption
Residents over age 65 with a tax “freeze” will incur no tax impact
Potential Tax Impact
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Potential Annual Tax Impact
$60.06
$97.02
$133.98
$170.94
$207.90
$244.86
$281.88
$318.78
$355.74
$392.70
$429.66
$-
$50.00
$100.00
$150.00
$200.00
$250.00
$300.00
$350.00
$400.00
$450.00
$500.00
$100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000
EmaeA
Tne
Home Values
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Potential Monthly Tax Impact
$5.01
$8.09
$11.17
$14.25
$17.33
$20.41
$23.49
$26.57
$29.65
$32.73
$35.81
$-
$50.00
$100.00
$150.00
$200.00
$250.00
$300.00
$350.00
$400.00
$450.00
$500.00
$100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000
EmaeA
Tne
Home Values
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2011-2012 School District Tax Rates
$1.17
$1.04 $1.04 $1.04 $1.04 $1.04 $1.04 $1.04 $1.08 $1.04
$0.45
$0.48 $0.46 $0.44 $0.42$0.34
$0.28 $0.25 $0.16$0.17
$-
$0.2000
$0.4000
$0.6000
$0.8000
$1.0000
$1.2000
$1.4000
$1.6000
$1.8000
DrippingSprings ISD
Manor ISD Leander ISD PflugervilleISD
Hays CISD Round RockISD
Lake TravisISD
Marble FallsISD
Austin ISD Eanes ISD
TRe
School District
I & S Rate
M & O Rate$1.62
$1.52$1.50 $1.48
$1.46$1.38
$1.32$1.29
$1.24$1.21
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2011-2012 Annual Tax Liability
$5,923
$5,539 $5,483 $5,411 $5,343
$5,045
$4,716$4,541
$4,433
$3,809
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
DrippingSprings ISD
Manor ISD Leander ISD PflugervilleISD
Hays CISD Round RockISD
Marble FallsISD
Austin ISD Eanes ISD Lake TravisISD
TLay
Tax liability is based on an average market value residence of $380,613.. The State mandated $15,000 homestead exemption has
been factored into the calculation. Also, Lake Travis ISD is the only district represented above that offers the additional 20% optional
homestead exemption.
R e c o g n i z e d
A c a d e m i c a l l y A c c e p t a b l e
R e c o g n i z e d
A c a d e m i c a l l y A c c e p t a b l e
A c a d e m i c a l l y
A c c e p t a b l e
A c a d e m i c a l l y A
c c e p t a b l e
A c a d e m i c a l l y A c c e p t a b l e
A c a d e m i c a l l y A c c e
p t a b l e
E x e m
p l a r y
E x e m p l a r y
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District components directly impacted may include:
Estimated 68 portable classroom buildings in lieu of
permanent facilities
Buses
Instructional materials, including library books
Extracurricular materials and equipment Required maintenance
Technology (instructional: classroom computers and
projectors, and operational systems)
What if Voters Do Not Approve the Bond?
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Registered voters who live within the Lake Travis Independent SchoolDistrict may vote early or on Election Day as indicated:
Early Voting: Monday, October 24 - Friday, November 4, 2011
Election Day Voting: Tuesday, November 8, 2011
Voting Information
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Lake Travis Elementary October 24 7 am – 7 pm
Lakeway Elementary October 25 7 am – 7 pm Bee Cave Elementary October 26 7 am – 7 pm
Lake Pointe Elementary October 27 7 am – 7 pm
Lake Travis High School October 28 7 am – 7 pm
Lake Travis Middle School November 1 7 am – 7 pm
Hudson Bend Middle School November 2 7 am – 7 pm
Serene Hills Elementary November 3 7 am – 7 pm
Randall’s Lakeway Oct. 24 – Nov. 4
Mon - Fri. 7 am – 7 pm
Sat. 8 am – 6 pm
Sun. Noon – 6 pm
*Please note, there are numerous other early voting sites located throughout Travis County, i.e., University of Texas,
HEB South Congress, etc. Election Day sites and times may be obtained on the LTISD website or by calling the Travis
County Elections Office at 512-238-VOTE (8683).
Early Voting Locations
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Additional bond-related information may be found on the LTISD website
(www.ltisdschools.org):
Need More Information?
Click Here
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Marco AlvaradoLTISD Director of Communications
(512) 533-6046
Questions?