The election
was called after a community long-range planning committee (LRPC) presented a
recommendation to the Board during a Feb. 4 special-called meeting. The
50-member LRPC met regularly throughout November-January and formulated a plan
that will meet the following needs for the school district through 2025:
·
instructional
and support facilities;
·
safety
and security;
·
transportation;
·
technology;
and
·
facilities
renovations and additions.
Community members collaborate during a January long-range planning committee meeting. |
More
information on what is included in the referendum, as well as the detailed recommendation given to the Board, can
be found on the LRPC
webpage. I encourage you to review the information to help prepare
you for an informed vote in May.
The projected impact of the bond on our
debt service tax rate (also called the Interest and Sinking tax rate), would
amount to an incremental change of up to 3 cents over a seven-year period. A
home valued at $200,000 would have a maximum annual I&S tax increase of
$40.50 by the year 2025. Remember that this is only a projection. Prior to the
2014 bond election, we forecasted a maximum tax increase of 4.5 cents and it
actually decreased by one penny.
Please note that there would be no tax increase for those 65 years of age
or older or who are disabled and who qualify for an over-65 homestead
exemption, according to Texas Property Tax Code Section 11.26.
We will continue to post more
information on the district website (www.cfisd.net) and our social media channels (search #CFISDBond) in the coming weeks to answer potential questions and
supply voting information to our community members. We will also deliver a
series of presentations at upcoming events to help inform the voting public.
Thank you in advance for committing to
making an informed vote in the 2019 bond election.
~ Mark Henry, Ed.D.
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