2016 tre and bond election - d3jc3ahdjad7x7.cloudfront.net · revised 8-29-16 historical...

Revised 8-29-16

2016 TRE and BOND Election

Revised 8-29-16

● 10,278 students (up 13% since 2011-12) on 15 campuses; almost 1,300 employees

● Graduation rates that surpass Texas & Region 13

● Extensive dual credit and AP program resulting in increased levels of college readiness

● Substantial opportunities for students to earn industry certifications and licenses

● 5.9% administrative cost ratio (Texas 10%)

District Snapshot

TEA Met Standard

Performance Rating for

District & All Campuses

Revised 8-29-16

● History of fiscal responsibility:● Texas Comptroller Leadership Circle Platinum

for 5 years● TEA School First Rating of Superior for 13 years● AAA- Permanent School Fund (underlying

rating)● Bond ratings are Aa3 by Moody’s and AA- by

Standard and Poor’s (upgraded in 2015 from A+)

● Debt management practices have saved taxpayers $29.5 million over the last 5 years.

District Snapshot

Revised 8-29-16

Goals:1. To develop and maintain a system of instruction

that differentiates for every student’s needs.

2. To increase the effectiveness of communication throughout the BISD community.

3. To recruit, equip, and retain staff to increase instructional continuity and quality.

4. To strengthen and develop partnerships with students, parents, businesses, and community members in order to empower learner success and productivity.

Strategic Action Plan (Approved by BISD Board of Trustees 8-16-16)

Call to Action:Bastrop ISD graduates are empowered to become successful and productive in a global society.

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● Cross section of our community, including parents, BISD employees, students, business leaders, and other interested citizens; met throughout 2015-16 school year

● Conducted comprehensive needs assessment (i.e., demographics, housing, financial data, facilities, and more)

● Evaluated solutions in order to make a recommendation for the Board of Trustees and ultimately to the greater community

Long Range Facilities Planning Committee

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● BISD will continue growing at a steady pace.

● Buildings and infrastructure are aging and do not adequately support growth trends.

● Student achievement needs to be addressed:● Grade level reconfiguration;● Technology enhancements; and● Instructional innovations and programming.

● BISD must continue to attract and retain the most talented teachers and staff.

Committee Findings

Revised 8-29-16

Access additional funding available from the state by conducting a Tax Ratification Election (TRE)

Committee Recommendation

Address priorities outlined by the long-range facilities planning team by conducting a Bond Election

Two Part Plan

+

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Tax Ratification Election

Part 1: Tax Ratification Election (TRE)

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Historical Perspective

2005-2006 BISD Maintenance & Operations (M&O) tax rate was $1.50

2006-2007 Texas Legislature established a compressed tax rate (CTR); BISD had a CTR of $1.37 (resulted in a loss of revenue for the district)

2007-2008 BISD had a CTR of $1.04 (additional loss of revenue)

Districts have the authority to increase M&O tax rates above the CTR, up to the cap of $1.17 per $100 valuation with voter approval.

To tax at a rate higher than $1.04, a school district’s voters must ratify the higher rate.

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● A TRE is the process by which voters give their approval and ratify an M&O tax rate above $1.04.

● According to State law, the highest allowable M&O tax rate is $1.17.

● Texas school funding formula contributes more to districts that set their M&O tax rates at $1.17.

● A TRE allows the district to address the operational and instructional needs of students and teachers identified by the long-range facilities planning team without adding additional debt.

What is a TRE and Why is One Needed?

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By increasing the District’s M&O tax rate by 13 cents, the District would generate approximately $7.25 Million in additional revenue annually.

$228,209 PER PENNYIN STATE AID

($2.97 MILLION)

$329,106 PER PENNYIN PROPERTY TAX

($4.28 MILLION)

$557,315 PER PENNY IN TOTAL ADDITIONAL

REVENUE FOR M&O PURPOSES

($7.25 MILLION)

Impact of TRE to the District

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● Since 2007, 423 school districts have completed successful TREs to meet the operational needs of students and teachers.

● In 2012, 2013, and 2014, passage rates were 81.8%, 92.9%, and 82.8% respectively.

● In 2015, the passage rate was 92.7% of all TREs held throughout the state.

● Recent examples:● Elgin and Smithville - 2011● Georgetown and Hutto - 2012● San Marcos - 2014● Mineral Wells and Sherman - 2016

TRE Results in Texas

Source: BISD Financial Advisors

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● We want to attract the most talented teachers and keep them from being recruited away.

● BISD’s turnover rate is 20.1% compared to the state’s rate of 16.6%.

● Out of 16 surrounding competitors ...

● 6 districts pay new teachers more than BISD

● BISD teachers with 10 years experience earn $1,742 less than teachers in 15 other districts

● Those with 15 years experience earn nearly $1,000 less than teachers in all but 4 districts

Teacher Compensation

Source: 2016 TASB District Personnel Salary Survey

TRE pennies would fund teacher compensation packages with the goal of BISD being competitive among the surrounding districts.

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BISD Teacher Salaries Compared to State Averages

BISD Texas Difference

Beginning Teachers $43,384 $44,540 -$1,156

1-5 Years Experience $44,645 $46,575 -$1,930



Over 20 Years Experience $57,765 $59,787 -$2,022

Teacher Compensation

Source: Texas Academic Performance Report 2014-15

Revised 8-29-16

● Growth in enrollment adds to our operational costs (e.g., teachers and classroom supplies).

● Changes in demographics require additional instructional investments.

● BISD educates 10,278 students spread out over 15 campuses and 450 square miles.

● Enrollment is projected to be more than 13,200 by 2026-27.

District Growth

TRE pennies would fund the needs related to the District’s growth.


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Safety & Security

● Safety and security are our #1 priority

● Additional cameras and related maintenance

● Increased safety measures (e.g., vestibule construction, access control, and monitoring systems)

● Expanded police force

TRE pennies would fund the District’s effort to continue to increase safety and security options within the District.

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● Roofing replacement and repair

● Mechanical systems (e.g., HVAC) repair and replacement

● Ensuring maintenance of buildings and infrastructure

● Beautification of grounds and district facilities

Maintenance and Operations

TRE pennies would fund the District’s need to maintain buildings and infrastructure that are aging and do not adequately support growth trends.

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Academics: Grade Reconfiguration● Reduces # of transitions for kids and provides optimum 3 years

at a campus

● Encourages continuity of teacher-student relationships and extends opportunities to monitor learning needs

● Better aligns TEKS and College & Career Readiness Standards

● Supports more rigorous instruction in writing, science, math, and social studies prior to high school

● Extends time and opportunities for parental involvement

● Fewer than 2% of total campuses in Texas use a 5th-6th grade intermediate school model

Benefits of PK-5 and 6-8 Model

TRE pennies would fund the District’s implementation of grade configuration to serve current and future BISD students.

Academic Performance

Reduced Transitions

Continuity of Relationships

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● Hardware and software upgrades to support 21st century teaching and learning practices

● Increased access and devices for students

● Improved digital media resources

● Network redundancy (minimizing downtime)

● Innovative instructional practices and professional development for teachers

Academics: Technology & Innovation

TRE pennies would support the District’s mission through innovative, student-centered technologies that allow for students to compete globally and

engage in diverse, relevant, and rigorous learning curriculums.

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Bond Election

Part 2: Bond Election

$75 MillionBond

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● Accommodating increased enrollment

● Repurposing existing facilities and expanding and refurbishing

classroom spaces

● Consolidating and maximizing efficiency of district facilities

and operations

● Improving academic performance through realignment

● Expanding innovative 21st Century learning methods and

practices

● Enhancing CTE/career pathways

● Repairing and replacing roofs, mechanical systems, and

equipment

$75 Million Plan to Manage Our Growing District

School districts borrow money in the form of bonds to finance the design, construction, expansion, and renovation of facilities. A bond issue will enable the District to manage our ongoing growth by:

Revised 8-29-16

● Since 2010, the average approval rate of bond propositions in Texas is 84.8%.

● For 2016, the approval rate was 90.1% for a total of more than $4.7 billion in bonds.

● Recent examples:● Austin - 2013● Del Valle - 2014● Eanes - 2011, 2015● Georgetown - 2010, 2015● Manor - 2007, 2014● Round Rock - 2008, 2014

Bond Elections in Texas


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Proposed Facilities Upgrades

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Growth is Evident Everywhere

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Innovations and Improvements for All Campuses

● Technology Upgrades● Bandwidth shaping● Wired infrastructure support● Power / UPS / Racks● Projectors

● Innovative Furnishings● Ergonomic seating● Collaborative learning spaces

Mina Elementary Relocates to Renovated BIS Facility

New Elementary #7 Opens at Renovated CCIS Facility

Classroom expansionBastrop Intermediate only

Renovate classrooms for toilets at kindergarten and minor renovation of existing space for both campuses

Courtyard Improvements to Current Intermediate School Facilities as part of Elementary Conversion

Expansion of Bastrop Middle School to Capacity of 1,000Artificial Surface & Track Improvements

Expansion of Cedar Creek Middle School to Capacity of 1,000Artificial Surface & Track Improvements

New Middle School #3 Opens at Renovated West Campus Facility (CRCA/Genesis)

CRCA/Genesis Relocates to Renovated MES Facility

Remaining Portions of MES Facility Will House Special Programs, Technology and Other BISD Staff

Final Phase Completion of Cedar Creek High School

Provide for expansion of classroom spaces to bring capacity to 2,400 students

Additions to Gateway D.A.E.P. School

Construct 6 new classrooms

Provide minor renovation of existing classroom space

Extend administration area

Modify parking area

Administration

Classrooms

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Maintenance Congestion at Campus Site

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Lack of Warehouse Facility

Central Warehouse and Consolidation of Maintenance and Operations

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Artificial Surface to Serve Two Campuses

Bastrop High SchoolMiddle School #3

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CTE Programs/Pathway Developments

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Bond TotalFood service/roofing/technology infrastructure (district-wide) $ 7,000,000

Innovative furnishings for teaching, learning, working (district-wide) $ 3,000,000

Mina Elementary Relocation to Renovated BIS Facility $ 3,528,300

● Courtyard improvements to create academic outdoor teaching/learning space● Renovation of classrooms to include in-classroom restrooms for early childhood● Additional classrooms

New Elementary #7 Opens at Renovated CCIS Facility $ 2,134,000

● Courtyard improvements to create academic outdoor teaching/learning space● Renovation of classrooms to include in-classroom restrooms for early childhood

Expansion of BMS to 1,000 student capacity $ 4,564,125

● Additional classroom space to accommodate 1000 students● Extension of office space● Artificial surface and track improvements● Expansion of weight room to accommodate 3 grade levels● Expansion of cafeteria to accommodate 3 grade levels

Note: Individual project costs outlined here are estimates. So that we may maximize efficiency for taxpayers, the District will adjust allocations based upon savings or overruns realized per project.

Revised 8-29-16

Bond TotalExpansion of CCMS to 1,000 student capacity $ 5,141,625

● Additional classroom space to accommodate 1000 students● Extension of office space● Artificial surface and track improvements● Expansion of cafeteria to accommodate 3 grade levels

Middle School #3 Opens at Renovated West Campus Facility $11,726,468

● Complete renovation of fine arts building● Complete renovation of science wing● New construction of competition gymnasium● Complete renovation of boys’ and girls’ dressing rooms● Complete renovation of academic wing

CRCA/Genesis Relocates to Renovated MES Facility $ 6,074,706

● Complete renovation of main building as one wing for CRCA and one wing for Genesis● Complete renovation of current cafeteria into multi-purpose space/cafeteria

Remaining Portions of MES Facility Repurposed for BISD Support Staff $ 3,313,871

● Repurposing portion of building into office space for technology services● Repurposing existing gym into office space for special programs & services and other


Revised 8-29-16

Final Phase Completion of CCHS to 2,400 student capacity $ 8,859,375

● New construction of additional academic wing

Additions to Gateway DAEP School $ 2,332,400

● Construction of additional classrooms● Extension of office space● Inclusion of enhanced safety measures, parking

Central Warehouse and Consolidation of Maintenance $ 5,502,000

Artificial Surface (BHS/3rd Middle School) $ 1,850,000

CTE/career pathway development $ 1,000,000

Architectural/engineering fees $ 2,974,151

Miscellaneous fees (survey, trades & mechanical, ADA, printing) $ 1,899,305

Inflation $ 4,098,811

TOTAL BOND COST $74,999,137

Bond Total


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Tax Impact of TRE and Bond

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TRE/Bond Combinations in Texas

● In Texas, 20 school districts have held a TRE and a bond election at the same time.

● Majority of those combined elections were successful including

Canutillo Grand Prairie*Cooper Gruver*Corpus Christi ProsperCrane* Quitman*Detroit Trent East Chambers* Zavalla

*within the last two years

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Effect of the TRE & Bond on the Total Tax Rate

M&O Tax Rate: $1.17

I&S Tax Rate: $0.440

Total Tax Rate:$1.610

M&O Tax Rate: $1.04



CURRENT TAX RATE

M&O Tax Rate: $1.17



TAX RATE AFTER INCREASE OF 13 CENTS IN M&O FUND

TAX RATE AFTER BOND ELECTION INCREASE OF .039 IN I&S FUND

Increase

of 13

cents

Increase of

3.9 cents

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Total Tax Rate History

Impact for the Homeowner of TRE & Bond

*data assumes a $25,000 homestead exemption

Sample Home Values

2016-17 Current Rate

$1.441

2016-17 Projected Rate

$1.610

2016-17 Annual

Increase

2016-17 Monthly Increase

$ 75,000 $ 720.50 $ 805.00 $ 84.50 $ 7.04

$100,000 $1,080.75 $1,207.50 $126.75 $10.56

$144,017(avg. BISD)

$1,715.03current

$1,916.17projected

$201.14per year

$16.76per month

$200,000 $2,521.75 $2,817.50 $295.75 $24.65

$300,000 $3,962.75 $4,427.50 $464.75 $38.73

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● Property taxes for citizens 65 and older are not affected if the appropriate exemptions are filed and approved with the County Appraisal District.

Impact for Senior Citizens

65+

$0 increase

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Election Information

● Are you registered to vote?

http://www.bastropvotes.org/voter-information-2/voter-lookup/#VoterSearch

● Deadline is October 11

● Forms are available at Bastrop High School, Cedar Creek High School, the public library, and the post office.




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Early Voting Begins

October 24


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Election Day is November 8


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Thank You!

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