|Ballot Proposition||The issuance of $252,802,490 of bonds by the Birdville Independent School District for the construction, acquisition and equipment of school facilities in the District and the purchase of the necessary sites for school facilities and levying the tax in payment thereof, including the costs of any credit agreements executed in connection with the bonds.
|Proposición||La emisión de bonos por $252,802,490 por el distrito escolar independiente de Birdville para la construcción, adquisición y equipamiento de instalaciones escolares en el distrito y la compra de los sitios necesarios para las instalaciones escolares, y la imposición de impuestos para el pago de dichos bonos, incluyendo los costos de cualquier contrato de crédito ejecutado en relación con los bonos.
|If I vote FOR||The ISD will issue $252,802,490 in bonds.
|If I vote AGAINST||The ISD will not issue $252,802,490 in bonds.
|Tax Consequences||School property tax rates will not increase as a result of this bond proposal.
|What is a Bond?||A bond is essentially an IOU. Instead of going to a bank to get a loan, like an individual might do, governments can issue bonds to raise money for specific projects. An investor buys a bond on the understanding that they will be paid back, in full and with interest, on a set date (limited by law to 40 years). In most cases, governments must seek voter approval to issue a bond.
|Proposed Improvements||The proposed bond package:
Eliminates more than 50 portable classrooms across the District;
Provides additional safety and security measures throughout the District;
Funds technology upgrades to address instructional needs;
Moves from a 5:1 student-to-technology ratio to a 2:1 student-to-technology ratio;
Addresses priority repair/renovation needs (requiring action in the next one to three years), roofs and HVAC;
Replaces five existing facilities that are more than 60 years old with four new facilities that require less money to operate and maintain. They are: Haltom Middle School, Richland Middle School, Smithfield Elementary School and Major Cheney Elementary/Richland Elementary [Partner School].
Will be monitored by a Board-appointed citizen’s bond oversight committee to monitor the scope, timeline and expenditure of bond funds.
Details by elementary campus: https://www.birdvilleschools.net/Page/62681
Details by middle school campus: https://www.birdvilleschools.net/Page/62682
Details by high school campus: https://www.birdvilleschools.net/Page/62683
|Resources||Birdville ISD, Bond 2018
Birdville ISD, Bond 2018: Frequently Asked Questions (FAQs)
Birdville ISD, Bond 2018: Preguntas Frecuentes (FAQs)
|Recent News Articles||“‘Tax rate swap’ would mean more money for Azle and Keller schools, if voters approve,” Fort Worth Star-Telegram (Sep 4, 2018)