Questions?
What is a bond?
How can bond funds be used?
Is there any other way to pay for the kinds of projects proposed?
Planning for the district’s current and future needs is one of the fundamental duties of school boards and district administrators. As such, there is a constant evaluation of facilities and other needs in light of the age of district-owned structures, changes in technology, and even changes in instruction. When the district determines that it has needs beyond the capacity of the maintenance and operations budget, the Board of Trustees may issue a bond. The maintenance and operations budget covers the day-to-day expenses of the district, where over 80 percent is directed toward staff salaries and benefits.
The Texas Education Agency in the Financial Integrity Ratings System of Texas (Schools FIRST Rating) sets the guidelines for school districts to have three months of operating expenditures in fund balance. Maintaining the required fund balance as well as the operational needs of the district (with limited state funding) may restrict districts from building adequate savings to fund facilities and infrastructure needs to accommodate construction costs of building a new facility or repairing and renovating an older one.
What is a bond election and why did the district call for one?
How am I financially impacted if I am 65 years or older?
But why does the ballot say "THIS IS A PROPERTY TAX INCREASE"?
Who is eligible to vote in the Central ISD 2024 Bond election?
Can I still register to vote in the Central ISD 2024 Bond election?
How do school tax rates work in Texas?
What is the plan for the proposed Central Intermediate Campus?
Will Central ISD host any community meetings to answer questions about the 2024 Bond?