McKinney ISD School Bond 2011
- 2. Why are wecutting 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.
- 3. What is abond 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.
- 4. Why not builda fourth high school, instead of expanding MHS and MNHS? It’s simple. We cannot afford it. Expand MHS & New 1,350 Student Extra Cost MNHS to 3,000 High School Student Capacity (excludes land, auditorium, athletic facility) Construction $14,782,498 $45,007,033 $30,224,535 Annual Operating $46,360,712 $51,683,780 $5,323,068 Costs
- 5. Why was anew 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.
- 6. Process Research Long-Range Planning Bond Planning • Citizen’s Bond Planning • Citizen’s Bond • Academic Committee – 29 Committee /Programmatic Data member citizen • Prioritization of • Demographic Analysis advisory committee facility needs based (Growth projections • Long-Range Facilities upon facility and trends) Plan assessment and • Facilities Assessment enrollment growth • Safety and Security • Community Feedback • Preventative • Budget analysis – Audit bonding capacity • Operational Cost Maintenance analysis • Financial Analysis/Bond • Energy Management Plan • Communication Capacity • MISD Technology Committee (staff, students, parents, community)
- 7. Why are wehaving a bond election? 988 Students Average annual increase in student enrollment for past 5 years 1,376 Conservative 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)
- 8. Enrollment Growth 30,000 27,668 24,300 25,000 20,000 17,850 15,000 12,000 10,000 7,086 5,000 0 1995 2000 2004 2010 2016
- 9. 1,376 Projected New High School Students 10,000 8488 8318 9,000 8040 7740 7519 8,000 7112 6188 6168 6146 6136 7,000 6047 5909 6,000 5,000 4,000 3,000 2,000 1,000 0 2011 2012 2013 2014 2015 2016 MS HS
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- 12. What has theCitizen’s Bond Committee recommended? Academic Renovations Safety and Security Improvements • School renovations (district-wide) (district-wide) • roof replacements • heating & air conditioning replacement Technology Upgrades (district-wide) • energy efficiency upgrades Land Purchase for Future School Sites 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
- 13. Proposed Bond Program Land Purchase 8% Career Tech 6% Safety, Security, Academic Additions and Renovations Technology Technology High School Career 22% Technology Safety, Security, Academic Land Purchase for Future Additions and School Sites Renovations 64%
- 14. Comprehensive Security, Safety& Academic Upgrades & Renovations throughout the District
- 15. 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
- 16. Academic, Safety, Securityand 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
- 17. Academic, Safety, Securityand 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
- 18. Academic, Safety, Securityand Technology Upgrades Support Buildings HVAC Upgrades Installation of Energy Management Systems Roof Replacement Fire Alarm System Upgrades/Installation Land for Future School Sites
- 19. 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
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- 23. High School AcademicUpgrades and Career and Technical Education (sample of upgrades)
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- 29. Safety and SecurityUpgrades Security Vestibules Fire Safety and Fire Alarm Upgrades Fire Panels and Fire Sprinkler Systems Centralized Keying System Interior/Exterior Lighting Upgrades
- 30. Valley Creek ElementarySchool (without security vestibule)
- 31. Valley Creek ElementarySchool (without security vestibule)
- 32. McClure Elementary School (withsecurity vestibule – limits direct access)
- 33. Security Upgrades New Centralized Keying System to Replace Outdated System Seen Above
- 34. Fire Safety andFire Alarm Upgrades (Fire Riser Room)
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- 36. Energy Management ControlSystem Upgrade
- 37. If the bondshould 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 • Campuses scheduled 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
- 38. Fiscal Responsibility McKinney ISDRates 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.
- 39. 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.
- 40. Impact of 1.2Cent Tax Increase on McKinney ISD Homeowner Home Annual Monthly Value Increase Increase $150,000 $16.20 $1.35 $200,000 $22.20 $1.85 $300,000 $34.20 $2.85 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.
- 41. Age 65+ haveaccess 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.
- 42. Academic Renovations Safety and Security Improvements • School renovations (district-wide) (district-wide) • roof replacements • heating & air conditioning replacement Technology Upgrades (district-wide) • energy efficiency upgrades Land Purchase for Future School Sites 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
- 43. Proposed Bond Program Land Purchase 8% Career Tech 6% Safety, Security, Academic Additions and Renovations Technology Technology High School Career 22% Technology Safety, Security, Academic Land Purchase for Future Additions and School Sites Renovations 64%
- 44. Early Voting May 2 – 10, 2011 Election Day May 14, 2011
- 45. For more informationvisit: www.mckinneyisd.net Click on Communications Department Cody Cunningham, Chief Communications Officer 469-742-4133 communications@mckinneyisd.net