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1998 Bond Program
Proposition 1: Raise Operating Tax Cap to $1.50.
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Operating tax is the only way NISD can pay for
teacher salaries, supplies, utilities, and transportation.
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Operating tax rate is recommended to go to $1.25
this year.
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Operating tax cap is $1.25.
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Set in the 1950s.
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Most other districts have $1.50 cap.
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Increasing the tax cap to $1.50.
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Does not increase taxes right away to $1.50,
it only raises the ceiling for future needs.
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NISD Board must approve increases.
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With the tax cap raised, projections show average
homeowners monthly tax bill goes up only $438 in 1999.
Proposition 2: Bond Issue
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7 New Schools (5 elementary schools, one middle
school, and one high school)
$118 million.
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Building Additions/Renovations $35 million.
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Electrical Upgrades/Computer Cabling $23 million.
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Roofing, Heating, A/C, Access for Disabled, etc.
$22 million.
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Technology ( a computer in every classroom, and
add/replace = 180 computer labs)
$26 million.
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Northside ISD has a critical need to fund additional
schools and raises its operating tax cap because of explosive growth.
Here are some examples:
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Between 1998-2003 the District projects 5,865
additional students added to present enrollment of 61,000.
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Many existing schools are already overcrowded.
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More than 240 portable classroom buildings are
now in use.
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Under the state's "Robin Hood" school
funding plan, Northside receives less state revenue as local revenue
increases-leaving little or no additional money to educate thousands
of new students.
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