HEB ISD School & Family Magazine Spring 2018 | Page 20

Register to vote by April 5, 2018 Early Voting: April 23 - May 1, 2018 Election Day: May 5, 2018 HEBISDBOND.COM The Hurst-Euless-Bedford ISD Board of Trustees voted unanimously to call a $199 million bond election to be held on May 5, 2018. Bond addresses growth, campus and special education improvements, and technology upgrades. 2018 Bond Overview: $199,000,000 Growth – $130,000,000 Campus Improvements – $49,000,000 • Two new elementary schools to accommodate growth and relocation of students from West Hurst Elementary, which would be renovated and repurposed as a district facility • Renovate and repurpose West Hurst Elementary to consolidate the District’s special education support services • • Classroom and science lab additions at each junior high school to increase capacity by 225 students and remove all instructional space from portable buildings Interior improvements at the junior high schools, includes new paint, flooring, and restroom fixtures • New orchestra addition at Central Junior High School to allow students to remain on their campus and eliminate the need for students to use KEYS High School for instruction, rehearsal, and equipment storage • Relocate the main entry of Euless Junior High School due to the expansion of Highway 183 Technology – $20,000,000 • New portable devices, such as tablets, to continue to prepare students for 21st century learning • New classroom technology to create versatile and interactive learning environments • Replace aging equipment, such as desktop and laptop computers • Upgrade technology infrastructure to support student devices and improve functionality across the District Growth According to a recent demographic study, HEB ISD is anticipated to grow by more than 2,600 students over the next 10 years. The District is expected to add nearly 500 elementary students in the next five years and approximately 900 elementary students in the next 10 years. Growth projections also show that many of the District’s junior high schools are expected to be over capacity within two years. Growth Projections Over 5 and 10 years 26,037 +2,608 25,130 23,429 Cost estimates for construction projects are turnkey and include permitting, design fees, construction, furniture, fixtures, equipment, etc. Technology bonds would be financed to match the life of the asset. Financial Information The District has lowered the Interest & Sinking tax rate for six consecutive years, and the current tax rate is the lowest it has been in over 20 years. If passed, the estimated maximum tax impact of this bond is 9.4 cents or approximately $13.71 per month for a home valued at $200,000. The tax increase would be phased in over two years with an increase of 4.3 cents in 2018 and an additional 5.1 cents in 2019. Age 65 and Older: No Tax Increase HEB ISD property taxes for citizens age 65 or older would not be affected by the bond election as long as a homestead and over 65 exemption application have been filed with the local appraisal district. Planning Process 18 2017-2018 2022-2023 2027-2028 The Board of Trustees worked with district staff for more than a year to study and prioritize potential projects based on growth projections, facility assessments, financial data, and responses to a community-wide survey.