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1 Plains ISD Bond Information Plains ISD Bond Program  Planning history  Condition of existing facilities  Summary of improvements  Conceptual plan.

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Presentation on theme: "1 Plains ISD Bond Information Plains ISD Bond Program  Planning history  Condition of existing facilities  Summary of improvements  Conceptual plan."— Presentation transcript:

1 1 Plains ISD Bond Information Plains ISD Bond Program  Planning history  Condition of existing facilities  Summary of improvements  Conceptual plan  Schedule  Tax information  Voting information

2 2 Plains ISD Bond Information JFMAMJJASONDJFMAMJJASONDJFMAMJJASOND Planning History Board selects PSC for facility assessment Community group tours facilities, provides input from facilities questionnaire PSC presents facility assessment to Board Board decides to enter master planning, selects committee of 16 Master Planning Committee meets & develops master plan Master plan submitted & recommendation made to Board Board declines to call election. Concludes planning with PSC Board selects HCA to provide master planning HCA presents revised master plan to Board Board holds 8 regular & special planning meetings Board calls November bond election

3 3 Plains ISD Bond Information Building Condition Replacement Threshold 66% Facility Condition Index (FCI) = Renovation Cost divided by Replacement Cost

4 4 Plains ISD Bond Information Two Evaluations Recommend Replacement Facility Condition Index (FCI) = Renovation Cost divided by Replacement Cost (Includes additions to support educational program) Replacement Threshold 66% Modified Recapitalization Method = Repair Cost divided by Replacement Cost

5 5 Plains ISD Bond Information Summary of Improvements Phase 1Phase 2 Jr. High School High School Library Commons Administration Space Elementary Cafeteria & Kitchen Vocational Labs Band Hall $31 Million Total Estimated Cost

6 6 Plains ISD Bond Information Conceptual Plan

7 7 Plains ISD Bond Information Construction Schedule JFMAMJJASONDJFMAMJJASONDJFMAMJJASOND Phase 1 Design & Drawings Construction Phase 2 Design & Drawings Construction

8 8 Plains ISD Bond Information Historic Tax Rate School tax rate per $100 valuation 19 th Lowest Tax Rate in the State for

9 9 Plains ISD Bond Information Tax Information Estimated tax impact (rounded) for various property types within the district. Pasture/cropland is per 640 acres for average tax value per acre. PropertyMonthly Tax IncreaseYearly Tax Increase $45,574 Home (avg)$6$72 $100,000 Home$18$216 $150,000 Home$30$360 Native Pasture$4$48 Improved Pasture$8$96 Dry Cropland$24$288 Irrigated Cropland$80$960

10 10 Plains ISD Bond Information

11 11 Plains ISD Bond Information

12 12 Plains ISD Bond Information

13 13 Plains ISD Bond Information

14 14 Plains ISD Bond Information Other Recent Bond Programs Andrews Lubbock AbernathyCraneDawson Denver City DimmittFrenship Lubbock CooperSeminole Midland Stanton

15 15 Plains ISD Bond Information Voting Information Early Voting Monday, Oct 18 – Friday, Oct 29, 2010 (weekdays) 8 AM to 4 PM at Plains ISD Administration Building Election Day Voting November 2, AM to 7 PM at the Plains Community Building Residents must be registered by Oct. 4 to vote Nov 2 l

16 16 Plains ISD Bond Information For additional information: Call Plains ISD at


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