Pflugerville ISD School Board Approves $367M Bond for November Vote

The bond will come in the form of six different proposals in the November vote, covering security, infrastructure and more.

PFLUGERVILLE, Texas—The Pflugerville ISD The school board unanimously voted to place a bond on the November ballot for residents to vote on.

At Thursday night’s board meeting, they decided to proceed with bidding on a $367.6 million bond election. The bond package is designed to address the district’s security needs, student enrollment growth, aging requirements, student programs and campus-wide equity, according to a media release.

The bond will appear in the November election in the form of six different proposals:

  • Suggestion C: Authorizing PfISD to issue $190,280,000 in bonds for school buildings, infrastructure and improvements, including the following projects:
    • District-wide safety and security upgrades
    • Additions and renovations at multiple locations including elementary, middle and high school campuses
    • The purchase of land for future projects
    • HVAC and mechanical upgrades
    • Capital improvement projects to address aging conditions and equity across campus
  • Suggestion D: Authorizing PfISD to issue $54,000,000 in bonds for network security, infrastructure and equipment for students and staff
  • Proposals: Authorizing PfISD to issue $3,000,000 in bonds for Pflugerville High School Performing Arts renovations and sound system upgrades at CHS, HHS, PHS and WHS.
  • Suggestion F: Authorizing PfISD to issue $400,000 in bonds for the pfield wiring for headsets and microphones and the new Hendrickson High School scoreboard
  • Suggestion G: Authorizing PfISD to issue $76,000,000 in bonds for the design and construction of a district-wide Center for Professional and Technical Education (CTE).
  • Suggestion H: Authorizing PfSID to issue $43,924,000 in bonds to purchase land and construct affordable housing for teachers in PfISD

The school district said a committee of residents, parents, and community and business leaders developed Propositions CG. The group examined enrollment projections and reviewed the district’s facility assessment, the results of a community survey, and the district’s financial information.

The committee also received reports from campus and department leaders on challenges and achievements at their facilities and programs before considering potential projects, the district said.

Proposal H was recommended by the district government to recruit and retain teachers as affordable housing options for teachers have declined.

The proposed bond package will not increase the school district’s tax rate used to fund bonds, the district said.

The school board also approved an attendance credit election (ACE) and a voter approval tax rate election (VATRE).

Attendance Credit Election (ACE)

With the sharp rise in property tax values ​​throughout central Texas, Pflugerville ISD is now considered a real estate-rich county by state standards, the county said. With that designation, the school district must now send funds back to the state funding system commonly known as “Robin Hood.”

The school district said the ACE is a required, one-time election that asks voters to allow PfISD to make the mandatory recapture payments.

If approved, PfISD can make the required recovery payments. If denied, the Texas Education Agency will identify a portion of the property within PfISD to be detached and sent to a neighboring school district to reduce the overall value of PfISD’s property. The portion of PfISD selected by the TEA would then be incorporated into the new school district.

Students living in this affiliated area would attend the new school district, and taxpayers’ money would also belong to the new school district.

PfISD said it does not know at this time which part or parts of the country could be selected by the TEA for replacement.

This proposal will appear on the November ballot as follows:

Proposal A: ACE authorizing PfISD to purchase attendance credits from the state and retain all existing district territory.

Choice of Voter Approval Tax Rate (VATRE)

The school board also passed the 2022-2023 tax rate, triggering a Voter Approval Tax Ratification Election (VATRE) that lowers the interest and sink (I&S) tax rate by 10 cents and adds four cents to maintenance and operating expenses ( M&O) approved ) review.

The district said this will result in a 12 cent reduction in the overall PfISD tax rate while providing an additional $6.9 million in funds that could be used for day-to-day expenses such as teacher salaries, course materials and recurring operating expenses.

The board’s unanimous vote to call a VATRE comes after months of reviewing financial projections, examining the state’s school funding structure and planning for the district’s operations, per the press release.

This proposal will appear on the November ballot as follows:

Proposal B: VATRE, ratify the year-to-date tax rate of $1.2646, reduce the interest rate and tax rate by 10 cents, and request 4 cents on the maintenance and operations rate. The M&O rate was reduced by 6 cents due to compression resulting from HB3, resulting in a 12 cent reduction in the overall tax rate.

The district said that if all three elections are approved by voters, the district’s overall tax rate will still drop by 12 cents.

KVUE on social media: Facebook | Twitter | Instagram | youtube

San Antonio mom ‘clings to life’ over child neglect; 3 arrested

Leander, Cedar Park, affected by an underwater leak in a pipeline bringing water from Lake Travis

How Much Rain Has Central Texas Received So Far?

https://www.kvue.com/article/news/politics/school-boards-and-bonds/pflugerville-isd-school-board-367m-bond-november-2022-ballot/269-3ece7714-9900-4a09-af54-0a5ebe2d5441 Pflugerville ISD School Board Approves $367M Bond for November Vote

Laura Coffey

World Time Todays is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@worldtimetodays.com. The content will be deleted within 24 hours.

Related Articles

Back to top button