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2. 2 A look at Katy ISD in 2006 181 square miles –three counties –two cities 47,800+ students 6,300+ employees 44 campuses 12 support facilities

3. 3 Katy ISD is an average-wealth district with general fund expenditures at the state average. one of Texas’ fastest-growing districts. one of Texas’ highest-achieving districts. a model for other Texas districts in curriculum and instruction. nationally known for quality education. the largest employer in this area.

4. 4 Katy ISD currently operates and maintains 56 facilities 9 million square feet 1514 acres of developed property plus 227 acres of undeveloped property on 5 sites

5. 5 In percentage of growth Katy ranks 1st among districts of 45,000 or more students 6th among districts of 20,000 or more students 13th among districts larger than 10,000 students

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7. 7 Growth History

8. 8 Growth Projections

9. 9 It took Katy ISD 77 years to enroll its first 25,000 students (1919-1996) and 11 years to enroll the next 25,000 (1997-2007) But will only take 7 years to enroll the next 25,000 (2008-2014)

10. 10 In 2002, Katy voters approved a $315,635,000 bond authorization to fund capital projects through 2005.

11. 11 Six new schools funded by the 2002 bond authorization are complete.

12. 12 Rylander Elementary Exley Elementary Rhoads Elementary Franz Elementary

13. 13 Beckendorff Junior High Seven Lakes High

14. 14 Three more are under construction Griffin Elementary (open 2006) WoodCreek Elementary (open 2007) Elementary School #28 -- North Fry Rd. (open 2007)

15. 15 The 2002 authorization also funded: Athletic facility improvements at 4 high schools Reroofing at 4 campuses Carpet replacement at 4 campuses Classroom additions and renovations at 5 campuses New barns at Young Agricultural Science Facility Roadway/parking improvements Rhodes stadium improvements Technology projects Land for 11 schools

16. 16 In 2005, the district began updating its Long-Range Facilities Plan to prepare for a new bond election in 2006.

17. 17 2006 Bond Proposal 2006 bond proposal combines –construction of new schools for enrollment growth –maintenance and renovation projects at existing campuses –other capital projects

18. 18 2006 Bond Proposal New Schools - $118,807,339 –3 elementary schools (#30, #31, #32) –2 junior highs (#11, #12) –classroom display technology

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20. 20 2006 Bond Proposal Additions and Improvements - $81,201,952 –Morton Ranch High School 9th grade center –Miller Career Center additions and renovations –Opportunity Awareness Center/School of Choice/Behavior Transition Program additions and renovations –Mayde Creek High School natatorium –roofing, carpet, brickwork, mechanical/electrical/plumbing, restroom refinishing, air conditioning, central plant and other projects

21. 21 2006 Bond Proposal Technology - $30,351,000 –campus, server and network retrofits –teaching and learning software –parent/community communications software –staff development tracking system –facility reservation system

22. 22 2006 Bond Proposal Safety and Security - $6,340,000 –campus security camera system –campus visitor system

23. 23 2006 Bond Proposal Other Items - $24,799,709 –Land –Buses –Portable buildings –Bond issuance costs –Engineering for Elementary #33

24. 24 2006 Bond Proposal New facilities$118,807,339 Additions and improvements$ 81,201,952 Technology$ 30,351,000 Safety and security$ 6,340,000 Additional items$ 24,799,709 Total package$261,500,000 This amount will fund capital projects for the next three years

25. 25 Bonds allow multi-year payout for buildings and major capital items. are paid off in part from future increases in the tax base. leave maintenance and operations funds available for instruction and services. are paid through the debt service tax rate, which is not subject to offset under state funding formulas.

26. 26 This bond authorization will require no increase in the tax rate because Katy ISD has reached its tax cap of $2.00.

27. 27 Katy ISD’s long-term debt management plan shows that these bonds can be paid off with the existing tax rate, while also creating additional capacity for future authorizations.

28. 28 Budget impact 3 cents – $3 million – will shift from the maintenance and operations (M&O) tax rate to debt service. Fund balance will be used to offset the reduction in the M&O budget. Funds currently appropriated for salaries and instructional programs will not be used to offset the $3 million reduction.

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30. 30 Budget Impact The sale of new bonds (additional debt) will not have a negative impact on instructional programs. Without bonded debt, capital projects will be paid for out of the M&O budget, reducing the amount available for instructional programs, salaries and daily operations.

31. 31 Questions & Discussion