So, take a look at the link below.
This was presented at the 01/25/18 meeting when the board decided that rezoning needed to occur and the bond needed to be delayed:
A- rezoning needed to happen based on FC LOCAL parameters exceeding 12%. The CURRENT numbers with grandfathered students DOES NOT meet the guidelines for rezoning. They are rezoning based on predicted/NOT ACTUAL enrollment numbers (note that the grandfathering numbers reflect low SES was better WITH the grandfathered students...ie the last rezoning actually made comparable composition worse) SO, why are we rezoning???? At the current moment we are within the FC Local parameters of <12% (look at the fine print GF numbers)
B- the numbers presented for the reasons behind the "delayed bonding" are questionable.
(Let me emphasize that I am not a mathematician or statistician or expert in bonds...but I can do simple math so this is my take on these numbers, PLEASE correct me if I am wrong)
Bonding in 2018 (which I "think" was the original plan in the 2016 rezoning) shows a DECREASE in taxes for the following 7 years.
Bonding in 2019 shows a greater decrease in in the tax rate the first 2 years, but then an INCREASE In the tax rate for 2 years before it declines for the remaining 3 years. So, delaying the bond results in 2 years of TAX INCREASES.
That being said, these numbers reflect a growth of 6% the first 2 years and a very conservative growth of 3% the following 5 years. It was mentioned that CS is currently growing at rate much greater than the 6% projection. Seems like we (the taxpayers) and the students that will be in 2 high schools that will be over capacity for years with the current plans (it takes 3 years to build a new school) would benefit from bonding sooner than later. That being said, the board questioned the possibility of a bond passing before, now they will have a harder time passing one because the community (at least half of it that votes) feels like they don't actually care about the kids that they serve as trustees.
http://web.csisd.org/school_board/agendas/2017-2018/February/EalyEnrollProjs-aaa-JanWkshp.pdf
Just take a look and see how the numbers "SPIN"
This was presented at the 01/25/18 meeting when the board decided that rezoning needed to occur and the bond needed to be delayed:
A- rezoning needed to happen based on FC LOCAL parameters exceeding 12%. The CURRENT numbers with grandfathered students DOES NOT meet the guidelines for rezoning. They are rezoning based on predicted/NOT ACTUAL enrollment numbers (note that the grandfathering numbers reflect low SES was better WITH the grandfathered students...ie the last rezoning actually made comparable composition worse) SO, why are we rezoning???? At the current moment we are within the FC Local parameters of <12% (look at the fine print GF numbers)
B- the numbers presented for the reasons behind the "delayed bonding" are questionable.
(Let me emphasize that I am not a mathematician or statistician or expert in bonds...but I can do simple math so this is my take on these numbers, PLEASE correct me if I am wrong)
Bonding in 2018 (which I "think" was the original plan in the 2016 rezoning) shows a DECREASE in taxes for the following 7 years.
Bonding in 2019 shows a greater decrease in in the tax rate the first 2 years, but then an INCREASE In the tax rate for 2 years before it declines for the remaining 3 years. So, delaying the bond results in 2 years of TAX INCREASES.
That being said, these numbers reflect a growth of 6% the first 2 years and a very conservative growth of 3% the following 5 years. It was mentioned that CS is currently growing at rate much greater than the 6% projection. Seems like we (the taxpayers) and the students that will be in 2 high schools that will be over capacity for years with the current plans (it takes 3 years to build a new school) would benefit from bonding sooner than later. That being said, the board questioned the possibility of a bond passing before, now they will have a harder time passing one because the community (at least half of it that votes) feels like they don't actually care about the kids that they serve as trustees.
http://web.csisd.org/school_board/agendas/2017-2018/February/EalyEnrollProjs-aaa-JanWkshp.pdf
Just take a look and see how the numbers "SPIN"