1 Proposed 2012 Bond Election Michael E. Finn, Chief Financial Officer Citizens’ Bond Advisory Committee Meeting Summary and Recommendations

The 2012 Citizens’ Bond Advisory Committee members are: Dr. Dick Terbush Jan Wilson Joe McCord Dr. Bill Bercu Julie Smock Tamara Caraway Glenda Stanton Betty Osborne Mike Grose Kathy Montoya-Moore Joe Reed Puckett David Evans Paul Ulan The committee met on the following dates: February 23, 2012April 11, 2012 March 6, 2012April 16, 2012 March 12, 2012April 18, 2012 March 28, CBAC Summary

Began District study in 2010 via an outside entity (EMC2) to assess the needs of the District – Study completed May 2011 Citizens Bond Advisory Committee and District administration met with Principals and site council representatives to evaluate EMC2 reports and help determine priorities for their site Feedback from each site was combined with known District priorities to establish needs for each site 3 Process

Renovate and improve instructional and operational buildings and infrastructure at existing high schools, elementary schools and district support buildings including energy management, alternative renewable energy and security systems Elementary - $67.2M High School - $47.8M District Support Facilities - $1.7M 4 Suggested Listing of Expenditures

Transportation – Purchase yellow fleet vehicles for pupil transportation and install security/safety cameras in all yellow fleet busses $18.0M – White fleet vehicles for pupil transportation and District related campus business $ 4.9M 5 Suggested Listing of Expenditures

Technology – Short term technology related to access and connectivity e.g. personal computing devices, projectors, wireless access, data center equipment $30.1M – Long term technology related to access and connectivity e.g. LAN cabling, fiber network $10.3M 6 Suggested Listing of Expenditures

Multiple sales with final sale in 2022 $40 million in FF&E and technology over 10 years – Short term amortization Long term projects amortized over 20 years Assumes 6% interest rate (ten year projection) Assumes bonding capacity relief $0.64 average annual tax rate impact – $64 per year on each $100,000 of home value – Average home value in the District is $120,000 – Average annual impact equals $76.8 per year 7 Impact to Tax Rates with $180M Authorization

Administration will place information regarding the 2012 Proposed Bond Analysis on the District’s public portal to include: - Facilities condition summary per site - Technology needs in detail - White and yellow fleet needs - Informational document on what bond monies may be used for Proposed Bond Analysis on Portal

QUESTIONS? 9