Questions & Answers
WHAT IS A BOND ELECTION?
A bond election authorizes a school district to issue debt to pay for building new facilities, renovations of existing facilities, large infrastructure upgrades, equipment, land, and school buses.
Increasing student enrollment is the driving factor in the planning timeline. Based on a 2018 demographic report, Celina ISD’s student population is expected to double in 5 years, and double again in another 5 years.
WHAT ARE THE CURRENT GROWTH PROJECTIONS?
Based on the Fall 2018 demographic report, the chart below shows growth projections.
HOW LONG WILL THIS BOND SERVE THE DISTRICT?
The proposed plan is intended to accommodate CISD’s projected enrollment growth for the next 10 years.
WHAT IS THE ESTIMATED BUDGET AND WHAT DOES IT INCLUDE?
$600 million. The District relied on a third-party to estimate costs based on recent, similar projects in nearby school districts. An inflation factor was included as well as soft costs, furniture, fixtures, and equipment.
HOW CAN THE DISTRICT FUND NEW FACILITIES WITHOUT ANTICIPATING ANY TAX INCREASE?
Because of projected growth in the community. As new homeowners move into the District, they contribute to the tax base. During the 2018-19 fiscal year, CISD’s tax base grew 17.53%.
IF THE TAX RATE IS NOT EXPECTED TO INCREASE, DOES THIS MEAN THE MONEY IS ALREADY AVAILABLE?
No. School districts are required to have elections to get permission from voters to sell bonds to fund facility projects.
HOW ARE SCHOOL DISTRICTS FUNDED?
The vast majority of funding for public education in Texas comes from property taxes levied by local school districts and state funding. The state establishes the total amount of state and local funding due to school districts under Texas school finance law. A school district’s local property tax rate is actually made up of two separate tax rates that support two separate funds. Specific rules govern how these funds can be spent. The maintenance and operations (M&O) tax rate pays for staff, utilities, supplies, general maintenance of facilities and all the costs associated with running schools on a daily basis. The interest and sinking (I&S) tax rate funds the costs generated by the issuance of bonds. Bonds pay for building new facilities, renovations of existing facilities, large infrastructure upgrades, equipment, land, and school buses.
WHAT ARE THE PREVIOUS BOND ELECTIONS IN CELINA ISD, AND WHAT IS THE STATUS OF THE PROJECTS?
In 2006, voters approved a $60M bond to construct a new elementary school and a new high school. In 2008, voters approved a $34.3M bond for additions to the high school, additions to the elementary school, transportation projects, and athletic improvements. Construction is underway for the new multipurpose facility, which should be completed in time for the upcoming football season. This project will complete the 2006 and 2008 bond programs.
WHAT IF THE BOND ELECTION FAILS?
The District will regroup and return to the voters with a different proposal. In the meantime, portable buildings may be used to provide facilities for student growth.
CAN BOND MONEY BE USED FOR SALARIES?
No. Bonds cannot be used for salaries or operating costs such as utility bills, supplies, building maintenance, fuel and insurance. Bond funds can only be used to pay for new buildings, additions and renovations to existing facilities, land acquisition, technology infrastructure and equipment for new or existing buildings, and school buses.
ARE DEVELOPERS BEING RECEPTIVE TO PROVIDING LAND?
Yes, the District stays in communication with future planned developments, and developers are receptive to providing land for future school sites.
WHO CAN VOTE IN THIS ELECTION?
Any legal resident at least 18-years-old and living within the boundaries of Celina ISD is eligible to vote in this election. You must be registered by Thurs., April 4 in order to participate.
HOW WILL THE BALLOT BE WORDED?
“THE ISSUANCE OF $600,000,000 OF BONDS BY THE CELINA INDEPENDENT SCHOOL DISTRICT FOR SCHOOL FACILITIES, LAND, AND BUSES, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.”
There will be one proposition. Voters will be asked to vote for or against the proposition.