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McKinney ISD School Bond 2011
 

McKinney ISD School Bond 2011

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    McKinney ISD School Bond 2011 McKinney ISD School Bond 2011 Presentation Transcript

    • Why are we cutting staff and budgets while at the same time calling a bond election?
      Capital funds and operating funds are intended to meet different needs and they are entirely separate funds. By law, the two must be kept in separate accounts and they are audited to ensure each account is spent appropriately.
      Capital Funds - pay for design, construction, expansion and renovation of schools. The bonds are essentially authorization for the district to borrow the funds.
      Operating Funds – pay for day-to-day expenses like salaries, supplies, transportation, and utilities. The State funding cuts impact operating funds, not capital funds.
    • What is a bond and why do we have elections?
      In the same way homeowners borrow money in the form of a mortgage to finance the purchase of a home, a school district borrows money in the form of bonds to finance the design, construction, expansion and
      renovation of schools.
    • Why not build a fourth high school, instead of expanding MHS and MNHS?
      It’s simple. We cannot afford it.
    • Why was a new natatorium not included in the bond program?
      Again, we simply cannot afford it. While the district and many parents and community members would love to pursue a new natatorium, accommodating student enrollment growth and taking care of academic, safety, and security upgrades takes precedence over a new natatorium.
    • Process
    • Why are we having a bond election?
      988 Students Average annual increase in student enrollment for past 5 years
      1,376Conservative estimate of
      new high school students by 2016
      92% of Bond Additions, renovations, upgrades to safety, security, technology (remaining 8% for land purchase for future school sites, no new facilities)
    • 1,376
    • Malvern Elementary School
    • Reuben Johnson Elementary School
    • What has the Citizen’s Bond Committee recommended?
      Safety and Security Improvements (district-wide)
      Technology Upgrades (district-wide)
      Land Purchase for Future School Sites
      Academic Renovations
      • School renovations (district-wide)
      • roof replacements
      • heating & air conditioning replacement
      • energy efficiency upgrades
      Additions
      • Reuben Johnson Elementary School
      • Malvern Elementary School
      • Dowell Middle School
      • Faubion Middle School
      • McKinney High School
      • McKinney North High School
      • Career Technology programs at high schools
      Total - $191,075,000
    • Proposed Bond Program
      Land Purchase
      8%
    • Comprehensive Security, Safety & Academic Upgrades & Renovations throughout the District
    • Academic, Safety, Security, and Technology Upgrades
      Elementary Schools
      Fire System and Fire Alarm Upgrades
      Energy Management System Upgrades
      Security Vestibules
      Roof Replacements
      HVAC Unit Replacements
      Kitchen Equipment Upgrades
      Electrical Upgrades
      Drainage Corrections
      Parking Lot Renovations
      Centralized Keying System
    • Academic, Safety, Security and Technology Upgrades
      Middle Schools
      Energy Management System Upgrades
      Fire System and Fire Alarm Upgrades
      Security Vestibules
      Roof Replacements
      HVAC Unit Replacements
      Centralized Keying System
      Kitchen Equipment replacement
      Gym Bleacher Repairs
      Elevator Upgrades
    • Academic, Safety, Security and Technology Upgrades
      High Schools
      Energy Management System Upgrades
      HVAC Unit Replacements
      Centralized Keying System
      Fire System and Fire Alarm Upgrades
      Storage Expansion
      Kitchen Equipment Upgrades
      Gym Floor Replacements/Upgrades
      High School Career Technology Education Clusters
    • Academic, Safety, Security and Technology Upgrades
      Support Buildings
      HVAC Upgrades
      Installation of Energy Management Systems
      Roof Replacement
      Fire Alarm System Upgrades/Installation
      Land for Future School Sites
    • Technology
      Classroom/Campus Technology $20,835,839
      Classroom Computers
      Interactive Whiteboards
      Laptops
      Campus technology
      Technology Infrastructure $11,330,000
      Server Replacement
      Network Upgrades
      WAN/Fiber Connections
      Curriculum and Instruction $6,913,090
      Support Operations $3,414,911
    • Technology
    • High School Academic Upgrades and Career and Technical Education
      (sample of upgrades)
    • Science Labs
    • Digital and Interactive Media
    • Fine Arts
    • Health Science
    • Technology Applications
      Cisco Lab
    • Safety and Security Upgrades
      Security Vestibules
      Fire Safety and Fire Alarm Upgrades
      Fire Panels and Fire Sprinkler Systems
      Centralized Keying System
      Interior/Exterior Lighting Upgrades
    • Valley Creek Elementary School
      (without security vestibule)
    • Valley Creek Elementary School
      (without security vestibule)
    • McClure Elementary School
      (with security vestibule – limits direct access)
    • Security Upgrades
      New Centralized Keying System
      to Replace Outdated System
      Seen Above
    • Fire Safety and Fire Alarm Upgrades
      (Fire Riser Room)
    • Energy Efficiency Upgrades
    • Energy Management Control System Upgrade
    • If the bond should fail, what is an alternative solution to accommodate
      the growth and renovations?
      Historically, McKinney ISD has addressed campus over-crowding through a number of actions. The Board and Administration have made no final decisions on steps that would be taken, but we would work to address the issue in as positive a manner as possible , if the bond failed and the projected growth were to occur.
      • In the past,lunches began sooner at some campuses,and more lunch periods were added, as capacity exceeded core areas
      • Campusesscheduled restroom breaks or added portable restrooms, to accommodate enrollment growth
      • Campuses added portable classrooms, to accommodate enrollment growth
      • Rezoning of schools has taken place to maximize functional capacity
      • Safety, Security, and Technology upgrades have been placed on hold
      • Renovations have been limited to emergency/safety only, and have come from daily operating funds
    • Fiscal Responsibility
      McKinney ISD Rates Well –
      Two Bond Upgrades in Past Four Years
      Moody’s Investor Services “Aa3” – (Excellent)
      Standard & Poor’s “AA” – “VERY STRONG financial security,” Standard and Poor’s.
    • Fiscal Responsibility
      State Recognition
      Financial Integrity Rating System of Texas (FIRST) “Superior Achievement”
      Highest rating “Superior Achievement” eight consecutive years for financial management and reporting
      1 of only 31 Independent School Districts to Receive 5 Star Rating
      Financial Allocation Study for Texas (FAST) –
      State Comptroller’s Office – Graded “Very high
      student performance” and “Very low spending”
      Gold Designation for Financial Transparency
      The McKinney Independent School District was one of the initial districts in the State of Texas to be awarded a Gold designation in the Texas Comptroller Leadership Circle for their financial transparency efforts.
    • Impact of 1.2 Cent Tax Increase on McKinney ISD Homeowner
      Taxes Frozen Ages 65+
      Note: Table indicates difference between tax rate of 48.8 cents and 50.0 cents assuming $15,000 residential homestead exemption. Increase would be phased in only as bonds are sold.
    • Age 65+have access to frozen taxes
      Senior Citizens may file for a "freeze" or "ceiling" to be placed on their homestead school taxes anytime after reaching age 65.
    • Safety and Security Improvements (district-wide)
      Technology Upgrades (district-wide)
      Land Purchase for Future School Sites
      Academic Renovations
      • School renovations (district-wide)
      • roof replacements
      • heating & air conditioning replacement
      • energy efficiency upgrades
      Additions
      • Reuben Johnson Elementary School
      • Malvern Elementary School
      • Dowell Middle School
      • Faubion Middle School
      • McKinney High School
      • McKinney North High School
      • Career Technology programs at high schools
      Total - $191,075,000
    • Proposed Bond Program
      Land Purchase
      8%
    • Early Voting May 2 – 10, 2011
      Election Day May 14, 2011
    • For more information visit:
      www.mckinneyisd.net
      Click on
      Communications Department
      Cody Cunningham, Chief Communications Officer
      469-742-4133
      communications@mckinneyisd.net