Author Topic: Houston-area voters to decide $3.6B in school bonds Saturday  (Read 523 times)

0 Members and 1 Guest are viewing this topic.

Offline Elderberry

  • TBR Contributor
  • *****
  • Posts: 24,388
Houston Chronicle by Jacob Carpenter May 1, 2019

Voters in seven Greater Houston school districts will decide Saturday whether to authorize about $3.6 billion in bonds aimed at keeping up with constantly-growing enrollments, renovating older facilities and upgrading campus security following deadly school shootings.

Districts considering large bond issues include Cypress-Fairbanks ISD, which is seeking a district-record $1.76 billion package, and Conroe ISD, which faces some Republican opposition to its $807 million proposal.

Residents of Brazosport, Channelview, Cleveland, Goose Creek and Sweeny school districts will vote on bonds ranging from $28 million to $335 million. The bonds likely would result in tax increases for most voters, though many residents would see only nominally larger tax bills if the packages pass.

School districts use bonds to finance costs associated with facility construction, transportation vehicles, technology upgrades and other capital purchases. The bond money cannot be used to pay for staff salaries, employee benefits or other day-to-day operations costs.

Locally, school bonds rarely are rejected by voters, with 66 out of 72 passing over the past decade in Brazoria, Fort Bend, Galveston, Harris and Montgomery counties.

In Cy-Fair, the state’s third-largest public school district, voters will decide whether to support nearly $1 billion in building renovations, as well as about $250 million for a new elementary school, middle school, administration building and performing arts center. Another $530 million would pay for technology, security and transportation upgrades.

The bond could result in the district’s property tax rate, currently at $1.44 per $100 in assessed value, rising by 3 cents over a six-year period. For a homeowner with property appraised at $250,000 with standard homestead exemptions, the final 3-cent increase would raise taxes by about $52.50 per year.

More: https://www.houstonchronicle.com/news/houston-texas/houston/article/Houston-area-voters-to-decide-3-6B-in-school-13811966.php

I live in Houston but there are no bonds on the ballot for my school district, Pasadena ISD.

Offline Sanguine

  • Hero Member
  • *****
  • Posts: 35,986
  • Gender: Female
  • Ex-member
Re: Houston-area voters to decide $3.6B in school bonds Saturday
« Reply #1 on: May 02, 2019, 01:31:03 pm »
@Elderberry, so does that mean your rates will go up but your local schools won't benefit?

Offline Elderberry

  • TBR Contributor
  • *****
  • Posts: 24,388
Re: Houston-area voters to decide $3.6B in school bonds Saturday
« Reply #2 on: May 02, 2019, 01:39:44 pm »
@Elderberry, so does that mean your rates will go up but your local schools won't benefit?
No. As I am in PISD's school district, I do not pay HISD taxes, I pay PISD taxes as well a whole lotta other Houston and Harris Co. taxes, just no HISD taxes.

Offline Elderberry

  • TBR Contributor
  • *****
  • Posts: 24,388
Re: Houston-area voters to decide $3.6B in school bonds Saturday
« Reply #3 on: May 02, 2019, 01:42:34 pm »
I am right on the PISD border. The other side of the street I'm on is HISD. Every morning my corner is a parking lot of parents bringing their kids to take a Pasadena bus to school. No telling where they actually live.

Offline Sanguine

  • Hero Member
  • *****
  • Posts: 35,986
  • Gender: Female
  • Ex-member
Re: Houston-area voters to decide $3.6B in school bonds Saturday
« Reply #4 on: May 02, 2019, 01:49:58 pm »
I am right on the PISD border. The other side of the street I'm on is HISD. Every morning my corner is a parking lot of parents bringing their kids to take a Pasadena bus to school. No telling where they actually live.

Very telling.