DSC - 08.02
Transcript of DSC - 08.02
8/3/2017
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Facilities Advisory Committee Meeting
August 2, 2017
Socorro Independent School District
Community Outreach Summary
8/3/2017
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Community Outreach• FAC webpage: www.sisd.net/2017-18FAC
• FAC Update to Board of Trustees: July 25, 2017
• FAC Community Meeting: July 27, 2017
• Questionnaire:• Community Meeting – 18 • Online – 20
• Promotion District website Phone messages MySISD email newsletter SISD E-News email
newsletter
Posters at schools Twitter Facebook
1. I am a …
Parent Teacher Student Volunteer PIE Other Community member
57.89% 13.16% 5.26% 5.26% 0.00% 18.42%
2. How satisfied are you with the quality of education offered by SISD?
Very Satisfied Satisfied Dissatisfied Very Dissatisfied No Opinion 57.89% 31.58% 2.63% 5.26% 2.63%
Questionnaire Results
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Very Critical Critical Somewhat
CriticalNot
Critical No Opinion
Aging facilities 26.32% 26.32% 10.53% 28.95% 7.89%
Equity amongst facilities
31.58% 28.95% 10.53% 23.68% 5.26%
Growth / Overcrowding
34.21% 23.68% 23.68% 15.79% 2.63%
Access to technology 18.42% 36.84% 26.32% 18.42% 0.00%
Long range facilities planning
18.42% 26.32% 26.32% 26.32% 2.63%
Improving campus safety and security
21.05% 23.68% 21.05% 34.21% 0.00%
School Finance 26.32% 21.05% 26.32% 21.05% 5.26%
Student Performance 26.32% 18.42% 10.53% 44.74% 0.00%
Addition of educational programs
29.73% 16.22% 27.03% 27.03% 0.00%
Rate the following issues facing SISD using the following rating scale:
Rate how aware you are on the following:
Aware Unaware
a. The Socorro ISD is growing by some 1.5% or 700+ students per year.
84.21% 15.79%
b. The Socorro ISD has opened four new schools over the past four years to accommodate growth.
94.74% 5.26%
c. All the projects included in Socorro ISD Bond 2011 were completed on-time and under budget.
57.89% 42.11%
d. In order to build new schools and make major improvements to existing facilities, the district may need to pursue a new bond election.
68.42% 31.58%
e. Socorro ISD students overall have outperformed the state and regional districts on STAAR/EOC tests for four consecutive years.
84.21% 15.79%
f. Socorro ISD offers free universal half-day Pre-K to all residents.
84.21% 15.79%
g. Socorro ISD offers the most early college high school/ dual credit opportunities to its students when compared with other districts in the area.
86.84% 13.16%
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Financial Presentation to Facilities Advisory
CommitteeAugust 2, 2017
Socorro Independent School District
Bond Election Scenarios SummaryElection Size PROJECTED New
EDA FundingI & S Surplus
Contribution*Maximum
I & S Tax RateTTL I & S Tax
Rate Increase**
$300,000,000 $161,166,821 $5,851,900 $ 0.3582 $ 0.0650
$400,000,000 $200,608,823 $5,958,925 $ 0.3857 $ 0.0925
$500,000,000 $214,379,297 $5,901,206 $ 0.4247 $ 0.1315
$600,000,000 $223,455,368 $5,937,000 $ 0.4750 $ 0.1818
$300M $400M $500M $600M
EDA Funding as % of Total P&I 27.71% 26.20% 23.00% 20.32%
SISD Portion as a % of Total P&I 72.29% 73.80% 77.00% 79.68%
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Tax Impact / $100M
$0.0217
$0.0231
$0.0263
$0.0303
$- $0.0050 $0.0100 $0.0150 $0.0200 $0.0250 $0.0300 $0.0350
$300,000,000.00
$400,000,000.00
$500,000,000.00
$600,000,000.00
Tax Impact on Socorro ISD Homeowners - $300M
Home Values $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $250,000
LESS* $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000
Net Taxable Home Value $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $225,000
$0.065 Annual $16.25 $32.50 $48.75 $65.00 $81.25 $97.50 $113.75 $146.25
$0.065 Monthly $1.35 $2.71 $4.06 $5.42 $6.77 $8.13 $9.48 $12.19
$0.065 Weekly $0.31 $0.63 $0.94 $1.25 $1.56 $1.87 $2.19 $2.81
* - All homeowners are eligible for the $25,000 State Mandatory Homestead Exemption
NOTE – Taxpayers that are 65 and over will not have their taxes go above the frozen levy amount/ceiling that was established when the over 65 frozen ceiling was granted. For
more information, please contact the El Paso County Appraisal District.
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• M & O = Maintenance and Operations • I & S = Interest and Sinking Fund
Comparison of Tax Rates (Calendar Year)-$300M
District
2017 ProjectedM & O Tax
Rate
2017 ProjectedI & S Tax
Rate
FY2017 Projected Total Tax
Rate
FutureProjected
I & S Increase
TotalFuture
Projected Total Tax
Rate
Anthony $1.04 $0.18 $1.22 $1.22
San Elizario $1.11 $0.13 $1.24 $1.24
Fabens $1.04 $0.29 $1.33 $1.33
Socorro $0.98 $0.29 $1.27 $0.065 $1.339
Tornillo $1.09 $0.31 $1.40 $1.40
Clint $1.04 $0.36 $1.40 $1.40
El Paso $1.07 $0.24 $1.31 $0.103 $1.41
Ysleta $1.17 $0.29 $1.46 $1.46
Canutillo $1.17 $0.36 $1.53 $1.53
Tax Impact on Socorro ISD Homeowners - $400M
Home Values $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $250,000
LESS* $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000
Net Taxable Home Value $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $225,000
$0.0925 Annual $23.13 $46.25 $69.41 $92.55 $115.69 $138.82 $161.88 $208.23
$0.0925 Monthly $1.93 $3.85 $5.78 $7.71 $9.64 $11.57 $13.50 $17.35
$0.0925 Weekly $0.44 $0.89 $1.33 $1.78 $2.22 $2.67 $3.11 $4.00
* - All homeowners are eligible for the $25,000 State Mandatory Homestead Exemption
NOTE – Taxpayers that are 65 and over will not have their taxes go above the frozen levy amount/ceiling that was established when the over 65 frozen ceiling was granted. For
more information, please contact the El Paso County Appraisal District.
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• M & O = Maintenance and Operations • I & S = Interest and Sinking Fund
Comparison of Tax Rates (Calendar Year)-$400M
District
2017 ProjectedM & O Tax
Rate
2017 ProjectedI & S Tax
Rate
FY2017 Projected Total Tax
Rate
FutureProjected
I & S Increase
TotalFuture
Projected Total Tax
Rate
Anthony $1.04 $0.18 $1.22 $1.22
San Elizario $1.11 $0.13 $1.24 $1.24
Fabens $1.04 $0.29 $1.33 $1.33
Socorro $0.98 $0.29 $1.27 $0.0925 $1.367
Tornillo $1.09 $0.31 $1.40 $1.40
Clint $1.04 $0.36 $1.40 $1.40
El Paso $1.07 $0.24 $1.31 $0.103 $1.41
Ysleta $1.17 $0.29 $1.46 $1.46
Canutillo $1.17 $0.36 $1.53 $1.53
Tax Impact on Socorro ISD Homeowners - $500M
Home Values $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $250,000
LESS* $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000
Net Taxable Home Value $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $225,000
$0.1315 Annual $32.88 $65.75 $98.63 $131.50 $164.38 $197.25 $230.13 $295.88
$0.1315 Monthly $2.74 $5.48 $8.22 $10.96 $13.70 $16.44 $19.18 $24.66
$0.1315 Weekly $0.63 $1.26 $1.90 $2.53 $3.16 $3.79 $4.43 $5.69
* - All homeowners are eligible for the $25,000 State Mandatory Homestead Exemption
NOTE – Taxpayers that are 65 and over will not have their taxes go above the frozen levy amount/ceiling that was established when the over 65 frozen ceiling was granted. For
more information, please contact the El Paso County Appraisal District.
8/3/2017
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• M & O = Maintenance and Operations • I & S = Interest and Sinking Fund
Comparison of Tax Rates (Calendar Year)-$500M
District
2017 ProjectedM & O Tax
Rate
2017 ProjectedI & S Tax
Rate
FY2017 Projected Total Tax
Rate
FutureProjected
I & S Increase
TotalFuture
Projected Total Tax
Rate
Anthony $1.04 $0.18 $1.22 $1.22
San Elizario $1.11 $0.13 $1.24 $1.24
Fabens $1.04 $0.29 $1.33 $1.33
Tornillo $1.09 $0.31 $1.40 $1.40
Clint $1.04 $0.36 $1.40 $1.40
Socorro $0.98 $0.29 $1.27 $0.1315 $1.406
El Paso $1.07 $0.24 $1.31 $0.103 $1.41
Ysleta $1.17 $0.29 $1.46 $1.46
Canutillo $1.17 $0.36 $1.53 $1.53
Tax Impact on Socorro ISD Homeowners - $600M
Home Values $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $250,000
LESS* $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000
Net Taxable Home Value $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $225,000
$0.1818 Annual $45.46 $90.90 $136.38 $181.85 $227.31 $272.77 $318.23 $409.15
$0.1818 Monthly $3.79 $7.58 $11.37 $15.15 $18.94 $22.73 $26.52 $34.10
$0.1818 Weekly $0.87 $1.74 $2.62 $3.50 $4.37 $5.24 $6.12 $7.87
* - All homeowners are eligible for the $25,000 State Mandatory Homestead Exemption
NOTE – Taxpayers that are 65 and over will not have their taxes go above the frozen levy amount/ceiling that was established when the over 65 frozen ceiling was granted. For
more information, please contact the El Paso County Appraisal District.
8/3/2017
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• M & O = Maintenance and Operations • I & S = Interest and Sinking Fund
Comparison of Tax Rates (Calendar Year)-$600M
District
2017 ProjectedM & O Tax
Rate
2017 ProjectedI & S Tax
Rate
FY2017 Projected Total Tax
Rate
FutureProjected
I & S Increase
TotalFuture
Projected Total Tax
Rate
Anthony $1.04 $0.18 $1.22 $1.22
San Elizario $1.11 $0.13 $1.24 $1.24
Fabens $1.04 $0.29 $1.33 $1.33
Tornillo $1.09 $0.31 $1.40 $1.40
Clint $1.04 $0.36 $1.40 $1.40
El Paso $1.07 $0.24 $1.31 $0.103 $1.41
Socorro $0.98 $0.29 $1.27 $0.1818 $1.456
Ysleta $1.17 $0.29 $1.46 $1.46
Canutillo $1.17 $0.36 $1.53 $1.53
Thank You!