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2003
Bond Election
Plano ISD voters approved
a $33.55 million bond proposal on August 23,
2003. The District’s financial advisors felt this
was an excellent time to finance bonds in the
market place. The total package will be paid back under
three amortization schedules. Funds for technology
will
be paid back over a five-year period and those
for facility construction over a 20-year period.
Funding for the school buses will be paid back
over a ten-year
period, although the life expectancy
of a PISD bus is 15 years.
Election Results
Early Voting |
For: 2,114 |
Against: 812 |
Election Day Voting |
For: 1,529 |
Against: 637 |
Total Votes |
For: 3,643 |
Against: 1,499 |
Bond Proposals
New Construction
Two New Elementary Schools - $21,000,000
Plano ISD continues to experience enrollment
growth of over 1,500 students per year. This
growth is especially evident in the eastern part
of the
District. Due to enrollment growth in the eastern
part of the District, two new elementary schools
are needed by 2005-06. Currently, Barron Elementary
School houses grades K-1 students and Hickey
Elementary School houses grades 2-5 students.
Due to the growth
of the required Early Childhood Program, Barron
Elementary School cannot accommodate the K-1
students. The projected enrollment growth in
2005 for this
zone (Barron/Hickey K-5) is 1,079 students.
This is 409 students above the capacity of Hickey
Elementary School and 517 students above the
capacity for
the following year. Eight temporary classrooms
will be used at Hickey Elementary School in 2004-05.
The Miller/Boggess Elementary zones are also at
a point that a relief elementary school is needed
to absorb the growth. Currently relocatable classrooms
are needed at Miller Elementary School for the
2004-05 school year. It is estimated that by 2005-06
these two schools combined will be 484 students
over capacity. In 2006-07 this number will grow
to 616 students.
Additions and Renovations
Jasper High School Addition - $3,500,000
Jasper
High School has also reached capacity limits
and will need four temporary classrooms
for 2003-04.
By the 2005-06 school year, another four additional
classrooms will be needed at Jasper High School
as the enrollment is expected to climb to 2,175
students. The functional capacity of Jasper
High School is currently 1,758 students.
Early Childhood Modification - $1,500,000
As mentioned previously, the Barron Elementary
School campus houses an Early Childhood Program
that is now required by the State. Currently
only half of the campus is designated for this
program. To meet the needs of all qualifying
students, additional space is needed that is
now occupied by the K-1 program. By shifting
the K-1 program to a new elementary school
and modifying both the Harrington Elementary
School
and Barron Elementary School campuses, the
District can accommodate this program without
building
another Early Childhood School.
Technology
$2,500,000 for
Information Management Systems Software Development
The
Plano ISD Database Review Committee with support
from the Technology Steering Committee
and based
on input gathered as part of our focus group
discussions during the 2003-2006 technology plan
process, has
recommended that the Plano ISD move forward in
an accelerated mode with web-based database development.
Since 2001, systems have been developed for benefit
enrollment, employee application, employee
hiring, student course registration and e-payments,
all
with direct interfaces to our current suite
of applications provided by NCS/Pearson. Future
plans include the acceleration of this web-based
development
to provide for replacement and enhancement
of
all business processes currently provided by
CIMS.
Additionally, the development process will
include auxiliary systems such as time and attendance
accounting and substitute calling.
This accelerated
development
process is expected to complete major system
enhancements by Fall 2005. The intent is
to produce
a set of
tools specific to the state of Texas that
other school districts will ultimately purchase
as
a return on our initial investment.
$3,550,000 for Technology and Other Equipment
Replacement
In keeping with the Board of Trustee’s
direction to fund our technology replacement
program with
bond funds, these dollars will allow the replacement
of approximately 3,500 computers and related
peripheral equipment.
School Buses - $1,500,000
In 2000, legislation was passed to allow districts
to buy school buses through the issuance of
bonds. This allows the District to capitalize
a large
expenditure and avoid paying an additional
30% of the cost to recapture. Currently the
District
has 14 buses over 16 years of age and the need
for two additional Special Education buses.
These buses would be bought over a two-year
period.
Bond Summary
$ 6.05 M Technology
$21.00 M Two New Elementary Schools
$ 3.50 M Jasper High School Addition
$ 1.50 M Early Childhood Modification
$ 1.50 M School Buses
$33.55 M Total Bond Program
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