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NBISD’s Board amends November Bond Election
07/02/2018

New Braunfels ISD Bond 2018 logo

Based on the recommendations of the Board Security Committee and the NBISD Administration, the New Braunfels ISD Board of Trustees voted on June 25 to amend the original bond order and increase the total to $118,341,000 for a November election.

 

This decision came after the Board voted in March to order a bond election totaling $106.7 million. This updated amount includes $4.2 million in additional safety and security measures. The amendment to the bond also includes $2 million in transportation needs and $5.4 million in technology items that will be funded through a short-term bond rather than included in the district budget as in previous years. The technology and transportation items included in the bond will be purchased over a five-year period. The amendment totaled $11.6 million and increased the overall bond amount to $118.3 million.

 

The original bond package approved in March included two new schools, renovations at a majority of the campuses and enhancements to campus safety and security needs across the district. Additionally, the bond includes funds to construct additional classrooms at Veramendi Elementary, an expansion of the transportation parking lot and the demolition of the NBHS Ninth Grade Center. The only upgrades for athletics will be to add tennis courts to the current middle school campuses and replacement of the seating, press box and concessions at the baseball field.

 

“We continue to see our student population increase each year with Comal County being the second fastest-growing county in the nation,” said NBISD Superintendent Randy Moczygemba. “Our most urgent need is at the middle school level with New Braunfels Middle School near capacity. The facility committee that assisted in formulating this bond also wanted to address our aging facilities and recommended renovations or replacements of our oldest facilities. With the final recommendations from the Security Committee, the bond package was expanded to addresses our most immediate needs.”

 

PROGRAM OVERVIEW

New Schools – $83 million

Renovations - $13.9 million

Security - $6.6 million

Transportation - $6 million

Technology - $5.4 million

Athletics - $3.4 million

Total $118.3 million

 

For more details on the bond, CLICK HERE.

 

BACKGROUND

The planning process for the 2018 Bond Program began in January 2017 with the formation of a Facility Planning Committee that presented their recommendations to the Board in February 2018. The Board voted in March 2018 to call the bond election totaling $106.7 million. In March 2018, the Board formed a Security Committee to recommend additional safety and security measures. The Board voted on June 25 to accept their recommendation and incorporate additional funding in to the 2018 Bond Program through an amendment.  The total bond program that will go before voters on November 6, 2018, now totals $118.3 million.

 

TAX INFORMATION

 

With a bond totaling $118,341,000, NBISD is projecting up a 1-cent increase each year for four years per $100 of valuation of a homeowner’s residence. Projections show the highest rate of 4 cents potentially in the fourth year (2022-2023) with a steady decline back down the following years. Residents over the age of 65 will not see a tax rate increase, if they are receiving the “65 or Older Homestead Exemption.”

 

VOTING INFORMATION

 

The first day of early voting is Monday, October 22, 2018, and the last day of early voting is Friday, November 2, 2018.  In order to vote in the November election, the voter must be registered by October 9, 2018, and reside within the school district’s boundaries. Election day is November 6, 2018.

 

For more information, email news@nbisd.org or call (830) 629-8540.


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