1. 2007 DSISD School Bond Program DRIPPING SPRINGS INDEPENDENT SCHOOL DISTRICT Bond Election: November 6, 2007

2. Dripping Springs ISD 2007 Bond Election Information Why is a Bond Election Needed? Current student enrollment at the middle school exceeds building capacity Existing enrollment and demographic projections for the high school campus show that future student enrollment will soon reach and exceed the capacity of high school facilities

3. Dripping Springs ISD 2007 Bond Election Information What is in the Bond Package? The $96.17 million dollar bond program includes: –Remodeling & expanding the existing middle school for use as an 1,800 student high school –Renovations & upgrades to the existing high school for use as a 1,200+ student middle school –Land for future school facilities –Fees and other bond associated costs

4. Dripping Springs ISD 2007 Bond Election Information Bond Program Detailed Overview & Estimated Costs Convert and Expand Existing Middle School to 1,800 Student High School..........................Est. Cost $62.7 million Building Additions approx. 200,000 SFPerforming Arts Auditorium (Approx. 25,000 SF, 600+ Seats) ClassroomsModification/Expansion of Core Facilities Administration Core Facilities to Accommodate 2,500 Students LibraryData, Security, Fire Alarm, and Bell System Upgrades Competition Gym and Locker RoomsAthletic Improvements Career & Technology Education (Ag, Auto Running Track and Turf Field Mechanics, Computer Tech, etc.) Field House Buildings Sitework Practice Fields Excavation, Grading, and Site Demolition Tennis Courts Sidewalks, Parking, Drives, and SignageUtilities and Drainage Fencing, Landscaping, and IrrigationWastewater Treatment Facility

5. Dripping Springs ISD 2007 Bond Election Information Bond Program Detailed Overview & Estimated Costs Convert Existing High School to 1,200-1,300 Student Middle School..............................................Estimated Cost $13,600,000 New Entry Canopy, Parking, and DrivesRemodel of Existing Facility New Lobby and Main OfficeHVAC and Electrical Improvements Data, Fire Alarm, and Bell System UpgradesADA/Accessibility Upgrades Science ClassroomsTechnology Upgrades Stadium ImprovementsSecurity Improvements Land for Future School Facilities.................Estimated Cost $1,000,000 Fees and Other Bond Associated Costs....Estimated Cost $18,870,000 Furniture, Fixtures, and Equipment (FF&E)Infrastructure, Fees, and Permits Design, Engineering, and TestingBond Issuance Costs

6. Dripping Springs ISD 2007 Bond Election Information How were the projects for this bond package determined? A 2004 DSISD Facility Advisory Task Force recommended a Secondary School Study Group look at facility needs at secondary school level In 2005, the Secondary School Study Group (SSDG) initiated a study and process to develop recommendations to the District for the maximum student capacity, grade configurations, and use of existing buildings at middle and high school level A Long-Range District Facilities Planning Team was created to address the facility needs based on the SSDG recommendations –Appointed by the Board of Trustees –Included 74 community members representing all attendance areas –Included parents, grandparents, business owners, teachers, principals, administrators, staff, board members, and other community taxpayers The Planning Team reviewed data and facilities and projected needs for the next 15-20 years This bond program was determined by the Planning Team to be the most appropriate solution for secondary facility needs in the District

7. Dripping Springs ISD 2007 Bond Election Information Secondary Enrollment Projection

8. Dripping Springs ISD 2007 Bond Election Information Why are we exchanging sites for the middle and high school? Current high school site does not have enough land to accommodate future growth for a 2,500 student campus The District already owns more available land at the middle school site A location “swap” allows the District to maintain previous investments in facilities and maximize use of available land

9. Dripping Springs ISD 2007 Bond Election Information Could we build a new school for the cost of these renovation projects? The amount of this bond package would not likely support either two new schools or one new school and the renovations/additions needed to bring the other campus to the desired capacity and functionality The cost of land for a new middle school or high school site is not affordable within this bond package amount

10. Dripping Springs ISD 2007 Bond Election Information Does the District currently own enough land for these middle and high school projects? Yes - The District owns sufficient land to complete these projects Some funds are included in this bond package for future land purchases

11. Dripping Springs ISD 2007 Bond Election Information When will the new schools open? Both the high school and middle school projects are proposed to be open in Fall 2010

12. Dripping Springs ISD 2007 Bond Election Information Will construction be going on while school is in session? Yes - Design will begin immediately if this bond issue passes As much as possible, construction will be planned to take place during the summer The District will work with architects and construction managers to plan a phased design that will provide the safest environment and least amount of disruption

13. Dripping Springs ISD 2007 Bond Election Information How were costs for these projects determined? The Long Range District Facilities Planning Team worked with a professional architect and a contractor to develop the scope and estimated costs of these projects

14. Dripping Springs ISD 2007 Bond Election Information When can we see drawings of these projects? The District worked with an architect to develop educational specification for facilities at all grade levels and conceptual studies The educational specifications have been approved by the Board of Trustees and provide framework for the campus expansion Once the bond passes, the actual design process will begin District staff, faculty, and the community will have an opportunity for input during the design process

15. Dripping Springs ISD 2007 Bond Election Information Is a new stadium included in this bond package? No – Funds are only included to support some modifications at existing athletic facilities

16. Dripping Springs ISD 2007 Bond Election Information How will this bond package affect my property taxes? It is estimated that the 2007-08 tax rate will increase 7.47 cents per $100 valuation This would result in an estimated monthly property tax increase of $12.45 on a $200,000 home in DSISD Estimated 2008 Annual Tax Impact on Residential Home Taxable Value of Residence w/o Exemptions $150,000 $200,000 $250,000 Estimated Annual Total Tax Increase $112.05 $149.40 $186.75 Estimated Monthly Total Tax Increase $9.34 $12.45 $15.56

17. Dripping Springs ISD 2007 Bond Election Information If I’m over 65, how will this bond package affect my taxes? Unless new improvements are made to your home, taxpayers with an over-65 homestead exemption will NOT see an increase in their taxes if their taxes were frozen at the time of their 65 th birthday To have your taxes frozen, you must make application to your County Appraisal District

18. Dripping Springs ISD 2007 Bond Election Information What future facility needs does DSISD anticipate? The Long Range District Facilities Planning Team has considered future facility needs of the District The District has not implemented a time frame yet for any other future projects Student enrollment growth will be a critical factor in initiating future facility projects

19. Dripping Springs ISD 2007 Bond Election Information How can funds from this bond program be used? New schools Renovations to existing school facilities Furniture, equipment, technology Fees, cost of issuance of bonds Land purchases for future facilities

20. Dripping Springs ISD 2007 Bond Election Information Who is qualified to vote in this bond election? All registered voters residing within the boundaries of Dripping Springs ISD are qualified to vote in this election

21. Dripping Springs ISD 2007 Bond Election Information When and where can I vote? DSISD Administration Building –October 23, 11:00 a.m. – 7:00 p.m. –October 27, 10 a.m. – 4:00 p.m. –October 30, 11:00 a.m. – 7:00 p.m. Dripping Springs Middle School –October 25, 6:00 p.m. – 8:00 p.m. Dripping Springs High School –November 2, 6:00 p.m. – 8:00 p.m. Rooster Springs Elementary School –October 23, 6:00 p.m. – 8:00 p.m. Drippings Springs Elementary School –October 23, 6:00 p.m. – 8:00 p.m. Walnut Springs Elementary School –October 23, 6:00 p.m. – 8:00 p.m. Early Voting will be held at the following DSISD Locations: Plus additional early voting sites in Williamson & Travis County For a complete list of Early Voting and Election Day Polling Locations, contact DSISD at 858-3002

22. Dripping Springs ISD 2007 Bond Election Information For more information, contact: Dr. Mard Herrick, Superintendent Dripping Springs ISD 512-858-3002 510 Mercer Street, Dripping Springs, Texas www.dripping-springs.txed.net