Seguin ISD 2013 Bond Proposal Presented Fall 2013 Features of Proposed High School Creates learning environment to prepare students for college and career readiness Aligns with the District Visioning Plan Provides adequate space and equipment for 21st Century learning Includes technology infrastructure and equipment Increases safety and security Facility under one roof with the exception of Goldie Harris Gym Design enhances facility monitoring Includes best practices for energy efficiency and conservation of resources Features of Proposed High School Uses current high school site, eliminating the purchase of land and construction of duplicate facilities Incorporates the: • SHS Freshman Center • Matador Band Hall • Goldie Harris Gym Minimizes relocation of students during construction Allows for flexibility of instructional spaces Serves 2,450 students District Wide Technology Provides infrastructure upgrades and additions • Increases WiFi access throughout all buildings • Replaces/Upgrades core network routers, switches and servers • Updates telephone system Provides classroom instructional technology • Equips all classrooms with the hardware and software needed to deliver 21st century instruction, including full implementation of Project Based Learning across all campuses. November 5, 2013 Bond Election Renovate, improve and construct a high school facility on the current Seguin High School site $78.3 Million; and Fund technology enhancements at all elementary, middle school and other district facilities to enable 21st century learning environments $5 Million High School Facility $78.3 Million Technology $ 5.0 Million Total $83.3 Million SEGUIN INDEPENDENT SCHOOL DISTRICT Projected Tax Information – Three Bond Sales 3% GROWTH (First 10 YRS), 2% GROWTH (Next 10 YRS), 1% OVER REMAINDER Proposed $83.3 Million in Bonds Home's Taxable Value 10 yr Avg Tax Rate/ $100 Value ANNUAL AMOUNT MONTHLY AMOUNT $50,000 $0.1342 $67.10 $5.59 $100,000 $0.1342 $134.20 $11.18 $150,000 $0.1342 $201.30 $16.78 2013 Tax Rates Compared to Surrounding Districts * District Maintenance and Operations Interest and Sinking Total Tax Rate Comal ISD * $1.04 $0.39 $1.43 Navarro ISD $1.14 $0.28 $1.42 New Braunfels ISD $1.01 $0.33 $1.34 San Marcos ISD ** $1.04 $0.37 $1.41 Schertz-Cibolo-Universal City ISD *** $1.04 $0.45 $1.49 Seguin ISD $1.04 $0.24 $1.28 Comal: Possible $451 Million bond in November 2013 ** San Marcos: Bond for $76.98 Million passed May 2013 *** SCUC: Bonds for $92 Million passed May 2013 SEGUIN INDEPENDENT SCHOOL DISTRICT ESTIMATED TAX IMPACT ANALYSIS $83.3 Million $0.45 0.424 0.422 0.420 0.408 $0.40 0.366 Pennies Per $100 Valuation $0.35 0.157 0.313 0.152 0.147 0.143 0.102 0.297 $0.30 0.051 $0.25 0.217 0.185 $0.20 0.181 $0.15 0.240 0.262 0.264 0.267 0.270 0.273 0.168 0.265 0.153 $0.10 0.146 0.112 $0.05 0.094 0.049 0.047 0.028 $0.00 2014 2015 2016 2017 2018 2019 Existing Debt 2020 2025 New $83.3 Million 2030 2035 2040 2045 2046 Over-65 Homestead A Homestead Exemption is a statutory amount that reduces the appraised value of homestead property • Regular Homestead Exemption $15,000 • Over-65 Homestead Total Exemption $25,000 School taxes are frozen as of the year Over-65 Exemption is granted New school bonds will not impact taxes on a homestead currently receiving an Over-65 Exemption Voter Registration Eligible Texans who are not registered to vote must register by October 7, 2013 Voter registration applications are available at all Seguin ISD campuses Early Voting by Mail Applications for voting by mail should be mailed to be received no earlier than Friday, September 6, 2013 and no later than the close of business 5 p.m. on Tuesday, October 29, 2013. Applications should be mailed to: Sue Basham Elections Administrator 215 S. Milam Seguin, Texas 78155 Early Voting Dates Monday, October 21, 2013 to Friday, November 1, 2013 Election Day Tuesday, November 5, 2013 For additional information, visit the district’s website at: www.seguinisd.net Questions?