Longview ISD Board Approves $227M Bond Election
From Longview ISD
LONGVIEW, Texas (Press Release) – The LISD Board of Directors approved the executive order for four bond proposals at its regular meeting on February 14. If approved by voters on May 7, the proposals will fund major renovations to the Longview High School campus, a new career and technical education center, an after-school events center, a new early years campus and various other necessary repairs and updates to facilities. .
For more details on the LISD 2022 bond issue, please visit the district’s website: LISD.org/bond2022.
While most bond issues typically include a tax hike, Deputy Superintendent of Finance Dr. Wayne Guidry explained that this would not be the case for this type of bond and “the current rate would remain even for LISD taxpayers”.
“If approved by voters, Longview ISD would use a general bond bond,” he said. “This is a school district debt that is payable from property taxes in the school district.”
The proceeds the district would receive from the sale of general obligation bonds would be used to pay for the costs of the projects. Principal and interest payments would come from an annual debt service property tax levy which is levied on all properties within the district boundaries.
But what would that mean for the taxpayers of Longview ISD?
“That means there is no increase in the tax rate,” Dr Guidry said. “These upgrades and projects could be fully funded without any increase in the current tax rate. If approved by the board and voted on by the public, it would be a win-win situation for our students, staff and local stakeholders. »
Last August, the board approved an operating and maintenance tax rate of $0.94170 and an interest and amortization rate of $0.4730 for a total tax rate of $1.41470 $ per $100 of valuation, a decrease from the previous year. Longview ISD has effectively reduced the tax rate over the past three years.
Superintendent Dr James Wilcox said LISD is unique in that the majority of the district was built over a three-year period.
In 2008, voters approved a nearly $267 million bond package that paid to build new campuses at Bramlette, Hudson PEP, JL Everhart, Ned E. Williams, and Ware elementary schools, as well as the Forest Park and Foster colleges. The bonds also paid for renovations and additions to Johnston-McQueen and South Ward (now Bailey) elementary schools, Judson Middle School and Longview High School.
During the months of November and December, the district contracted with Dr. Don W. Hooper of the Center for Quality Leadership in Granbury to conduct a facility assessment and help develop a master plan for upgrades, repairs and potential upgrades needed by DSI Longview.
If we don’t pay attention to the facilities, within the next ten years all of our facilities will need major repairs at the same time,” said Dr Wilcox. “If approved by Longview ISD voters, this bond provides a comprehensive and cost-effective way to make significant facility updates and improvements for students, staff and the community.”
Dr. Wilcox said the administration will form a LISD Bond Committee that includes community members as well as district staff and administrators. This committee will help provide information to the community, as well as guide the direction of the project if it is approved by voters.
The last day to register to vote is Thursday, April 7. Early voting lasts from April 25 to May 3. Election day is May 7. For questions regarding the election, please contact the Gregg County Elections Office at 903-236-8458.
Click here to download the resolution and associated documentation. For more information on the proposed bond, please click here: LISD.org/bond2022.
District Calendar 2022-23
The board also approved the 2022-23 district calendar. Classes will begin August 15, 2022 and end May 26, 2023. Commencement ceremonies are tentatively set for May 19, 2023.
Dr James Hockenberry, assistant superintendent of district services, said while that timeline is now in place, “obviously everything could change by August.”
“If necessary, the administration will consider all the different factors and possibly make amendments or modifications at a later date,” he said. “But, for the foreseeable future, this is the district schedule we will be working from for the 2022-23 school year.”
Important dates for the next school year include:
- August 15th – First day for students
- September 5 – Labor Day (observed)
- November 21-25 – Thanksgiving Break
- December 19-30 – Winter vacation
- January 16 – Dr. Martin Luther King Day (observed)
- March 13-17 – Spring Break
- April 7 – Good Friday (observed)
- May 26 – last day of school
- May 29 – Remembrance Day (observed)
- May 30-31 – Make-up days in bad weather (if necessary)
STAAR test dates include the weeks of December 6-9, April 4-6, and May 2-12 with STAAR catch-up dates of June 20-23.
For the full academic calendar 2022-23, please Click here.
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