Bond 2017 Round Rock ISD

February 16, 2017

1

Strategic Plan to Bond Study

● 13,500+ Community Members Provide Input to Strategic Plan

● Board Forms Citizens Bond Committee (CBC) as Advisory Committee to Board of Trustees

● 100+ Community Members Participate in CBC

● Over $900 Million in Identified Needs

2

Strategic Plan - January - May 2015

Approval of Bond Charter - September 2016

Citizens Bond Committee Meetings - October 2016 - January 2017

Board Workshops - January 26 and February 9, February 15, 2017

Action Item - February 16, 2017

Capital Renewal and Replacement Assessment Study - March 2015

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3

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Board of Trustees4

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5

School District M&O (General Operating)

Debt Service Total

Round Rock ISD $1.0400 $0.2925 $1.3325

Leander ISD $1.0400 $0.4719 $1.5119

Pflugerville ISD $1.0400 $0.5000 $1.5400

Hutto ISD $1.0400 $0.4955 $1.6655

Georgetown ISD $1.0400 $0.3290 $1.4090

Austin ISD $1.0400 $0.1130 $1.1920

Local Districts - Tax Rate Comparisons 2016-2017

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6Growth from Bond 2014 through 2027

Tax Impact Scenarios 7

● RRISD Only ISD AAA Moody’s and Fitch Bond Rating

● Strategic Bond Sales to Minimize Taxpayer Impact

● Median Home Value of $290,000

● District Decreased Tax Rate After Bond 2014

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8

TAX TREND RATE (DEBT RATE ONLY)

Debt Rate

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9

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10Tax Rate Change

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11Bond 2017

Bond 2017Round Rock ISD seeks to meet the needs of its community in the areas of Growth, Innovation, and Safety with new facilities and capital renewal in three propositions. $572.1 Million

Proposition OneAddresses the most urgent needs of growth and safety in Round Rock ISD, including High School #6, Elementary School #35, improvements to aging facilities, replacement of aging technology at all schools, and continuation of Master Plans at McNeil and Westwood high schools. $381.6 Million

Proposition TwoAligns with the Strategic Plan for needs of growth and innovation, including expansions at elementary, middle, and high schools to accommodate crowded schools, a Career Tech High School, a Visual and Performing Arts Middle School, and an Early College and Health Professions High School. $133.6 Million

Proposition ThreeMeets the needs of a world class community’s expectations for arts and athletic programs, including an indoor aquatic center, the District’s outdoor athletic facility #3, upgrades to Dragon Stadium, and design of auditoriums at Round Rock and Westwood high schools. $56.8 Million

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Project Cost

High School #6 $130,000,000

High School #6 Auditorium $20,000,000

Elementary School #35 (Northeast Round Rock) $32,000,000

Westwood HS - Master Plan Phase #4 $22,000,000

Districtwide - Capital Renewal and Replacement Projects $79,800,000

School Bus - Replacement and Growth $9,400,000

McNeil HS - Design and Master Plan Phase #2 $30,000,000

Districtwide - Technology Refresh $44,800,000

Districtwide - Safety Technology Items $13,665,000

Total Cost $381,665,000

Proposition #1 - Growth, Renewal and Safety - $381.6 Million02/16/17

Project Cost

Brushy Creek ES - Addition to Remove Portables - 12 Classrooms and Expand Core $13,300,000

Forest Creek ES - Addition to Remove Portables - 8 Classrooms $6,800,000

Canyon Vista MS - Addition - Athletics Expansion and 6 Classrooms $20,000,000

C.D. Fulkes MS - Master Plan Phase #2 $45,000,000

Districtwide - Career Tech High School $25,000,000

Stony Point HS - Cafeteria Expansion and Courtyard $2,500,000

Sommer ES - Addition to Remove Portables - 12 Classrooms $11,000,000

Early College and Health Professions High School Design $2,500,000

Caraway ES - Core and Classroom Addition $7,500,000

Total $133,600,000

Proposition #2 - Innovation and Growth - $133.6 Million02/16/17

Proposition #3 - Fine Arts and Athletics - $56.8 Million

Project Cost

Districtwide - Dragon Stadium Upgrades $1,800,000

Grisham MS - Athletic Training Facility $415,000

Chisholm Trail MS - Athletic Training Facility $415,000

Hernandez MS - Track and Gymnasium Addition $3,900,000

Districtwide - Stadium and Durable Field Enhancements at Middle Schools $2,300,000

Districtwide - Indoor Aquatics Center $22,000,000

Round Rock HS - Auditorium Design $3,000,000

Westwood High School - Auditorium Design $3,000,000

Districtwide - Future Land Purchases $8,000,000

Districtwide - Outdoor Athletic Facility #3 $12,000,000

Total $56,830,000

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