2011 Bond Presentation_Short Version_09!12!11

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Bond money may be used for:

schools and facilities

expansion and renovation of existing facilities

furniture

technology equipment

buses and other support vehicles

land for future schools and facilities

Bond money may not be used to fund daily operating costs, i.e.,

teacher salaries, utilities, fuel, etc.

About Bond Elections



Citizens’ Bond Advisory Committee:

Composed of 27 individuals

Members represent each attendance zone

Meetings held between March and May 2011

The BAC recommended to the Board of Trustees a $158.5 millionbond package be brought before District voters

In a unanimous 7-0 vote, the Board called a bond election to be

held November 8, 2011

Citizens’ Bond Advisory Committee



Steadily increasing student enrollment and projections thatthis will continue in the future

Maintenance of existing facilities

Materials and equipment to maintain and improve

programming for students

It takes 2 to 3 years to design, construct and equip new

schools

Why Now?



Historical Enrollment

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12

School Year



Demographer projects growth rate of 6% to 7% annually

Current enrollment increase is 7.5% (Aug. 2010 to Aug. 2011)

Overall capacity will be reached as follows*:

middle schools 2012-2013 high school 2013-2014

elementary schools 2014-2016

Demographic Update

*based on standard student-to-teacher ratios which may change due to reductions in state funding



*based on 2011 Demographic Update

Enrollment Growth*



Current & Expanded Capacity – Elementary Schools

High Growth

Moderate Growth

Low Growth

Capacity = 4,250

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

High Growth

Moderate Growth

Low Growth

Capacity = 5,100

Projected Students vs. Current Capacity

Projected Students vs. Future Capacity



Current Capacity – Middle Schools

800

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

1,700

1,800

2013 2014 2015 2016 2017 2018 2019 2020

800

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

1,700

1,800

2013 2014 2015 2016 2017 2018 2019 2020

Lake Travis MS

Hudson Bend MS

Projected Students vs. Current Capacity

Capacity = 900

High Growth

High Growth

Moderate Growth

Low Growth

Low Growth

Moderate Growth

Capacity = 900



Expanded Capacity – Middle Schools

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

1,700

1,800

2013 2014 2015 2016 2017 2018 2019 2020

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

1,700

1,800

2013 2014 2015 2016 2017 2018 2019 2020

Projected Students vs. Expanded 1,200 Student Capacity

New Lake Travis MS

Expanded Hudson Bend MS

Capacity

Capacity

High Growth

High Growth

Moderate Growth

Moderate Growth

Low Growth

Low Growth



Current & Expanded Capacity – High School

2,000

2,500

3,000

3,500

4,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2,000

2,500

3,000

3,500

4,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Current

Expanded Capacity

Capacity = 3,500

Capacity = 2,500

High Growth

High Growth

Moderate Growth

Moderate Growth

Low Growth

Low Growth



Major Bond Components

New Elementary School #6 $25,000,538

New Lake Travis Middle School $53,729,520 Expansion of Lake Travis HS into Current Lake Travis MS Campus $20,624,740

Expansion of Hudson Bend MS $22,246,711

Upgrades for Existing Facilities $20,727,262

- Lake Travis High School $8,594,354

- Lake Travis Elementary School $2,028,752

- Lakeway Elementary School $3,580,588

- Bee Cave Elementary School $2,581,132

- Lake Pointe Elementary School $2,004,481

- Serene Hills Elementary School $1,937,955

District-wide Improvements $ 9,277,383

Contingency and Closing Costs $ 6,848,846

TOTAL BOND PACKAGE $158,455,000



Map & ScheduleCurrent LTISD Schools

1. Lake Travis ES2. Lakeway ES3. Bee Cave ES4. Lake Pointe ES5. Serene Hills ES6. Hudson Bend MS7. Lake Travis MS8. Lake Travis HS

EXPAND HBMS1,200 students

Complete 2013-2014

NEW LTMS1,200 students

Open 2014

NEW ELEM #6

850 studentsOpen 2014

EXPAND LTHSINTO EXISTING LTMS

Complete 2015

HWY 71

HAMILTON POOL ROAD

HWY 71

NEW LTMSBee Creek Rd.

NEW ES #6West Cypress Hills

6

1

2

5

87

34

RR 620



School taxes are comprised of two parts:1.) Maintenance and Operations (M&O) - $1.0400

pays for salaries, utilities, supplies, contracted services,

etc.

2.) Debt Service (I&S) - $0.2759pays for existing debt (capital purchases)

Total current tax rate - $1.3159

Bond sales affect only the Debt Service tax rate

Since 1994-1995, LTISD has sent the state over $257 million in

recapture payments (“Robin Hood”)

School Finance



Historical Tax Rate Information

$1.50 $1.47 $1.50 $1.50 $1.50$1.37

$1.04 $1.04 $1.04 $1.04 $1.04

$0.33$0.32 $0.29 $0.30 $0.30

$0.25

$0.32 $0.28 $0.28 $0.28 $0.28

$-

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

$1.80

$2.00

01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12

TRe

Tax Year

$1.801.801.791.791.83

$1.32

$1.62

$1.32

$1.36

$1.32 $1.32

I & S Tax Rate

M & O Tax Rate



Tax increase: Approximately $0.0924

Total tax rate - $1.4083

Anticipated average market value of a residence:

Approximately $380,613 for 2011-2012

Exemptions:

LTISD’s 20% Optional Homestead Exemption

State $15,000 Mandated Exemption

Residents over age 65 with a tax “freeze” will incur no tax impact

Potential Tax Impact



Potential Annual Tax Impact

$60.06

$97.02

$133.98

$170.94

$207.90

$244.86

$281.88

$318.78

$355.74

$392.70

$429.66

$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

$450.00

$500.00

$100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000

EmaeA

Tne

Home Values



Potential Monthly Tax Impact

$5.01

$8.09

$11.17

$14.25

$17.33

$20.41

$23.49

$26.57

$29.65

$32.73

$35.81

$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

$450.00

$500.00

$100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000

EmaeA

Tne

Home Values



2011-2012 School District Tax Rates

$1.17

$1.04 $1.04 $1.04 $1.04 $1.04 $1.04 $1.04 $1.08 $1.04

$0.45

$0.48 $0.46 $0.44 $0.42$0.34

$0.28 $0.25 $0.16$0.17

$-

$0.2000

$0.4000

$0.6000

$0.8000

$1.0000

$1.2000

$1.4000

$1.6000

$1.8000

DrippingSprings ISD

Manor ISD Leander ISD PflugervilleISD

Hays CISD Round RockISD

Lake TravisISD

Marble FallsISD

Austin ISD Eanes ISD

TRe

School District

I & S Rate

M & O Rate$1.62

$1.52$1.50 $1.48

$1.46$1.38

$1.32$1.29

$1.24$1.21



2011-2012 Annual Tax Liability

$5,923

$5,539 $5,483 $5,411 $5,343

$5,045

$4,716$4,541

$4,433

$3,809

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

DrippingSprings ISD

Manor ISD Leander ISD PflugervilleISD

Hays CISD Round RockISD

Marble FallsISD

Austin ISD Eanes ISD Lake TravisISD

TLay

Tax liability is based on an average market value residence of $380,613.. The State mandated $15,000 homestead exemption has

been factored into the calculation. Also, Lake Travis ISD is the only district represented above that offers the additional 20% optional

homestead exemption.

R e c o g n i z e d

A c a d e m i c a l l y A c c e p t a b l e

R e c o g n i z e d


A c a d e m i c a l l y

A c c e p t a b l e

A c a d e m i c a l l y A

c c e p t a b l e


A c a d e m i c a l l y A c c e

p t a b l e

E x e m

p l a r y

E x e m p l a r y



District components directly impacted may include:

Estimated 68 portable classroom buildings in lieu of

permanent facilities

Buses

Instructional materials, including library books

Extracurricular materials and equipment Required maintenance

Technology (instructional: classroom computers and

projectors, and operational systems)

What if Voters Do Not Approve the Bond?



Registered voters who live within the Lake Travis Independent SchoolDistrict may vote early or on Election Day as indicated:

Early Voting: Monday, October 24 - Friday, November 4, 2011

Election Day Voting: Tuesday, November 8, 2011

Voting Information



Lake Travis Elementary October 24 7 am – 7 pm

Lakeway Elementary October 25 7 am – 7 pm Bee Cave Elementary October 26 7 am – 7 pm

Lake Pointe Elementary October 27 7 am – 7 pm

Lake Travis High School October 28 7 am – 7 pm

Lake Travis Middle School November 1 7 am – 7 pm

Hudson Bend Middle School November 2 7 am – 7 pm

Serene Hills Elementary November 3 7 am – 7 pm

Randall’s Lakeway Oct. 24 – Nov. 4

Mon - Fri. 7 am – 7 pm

Sat. 8 am – 6 pm

Sun. Noon – 6 pm

*Please note, there are numerous other early voting sites located throughout Travis County, i.e., University of Texas,

HEB South Congress, etc. Election Day sites and times may be obtained on the LTISD website or by calling the Travis

County Elections Office at 512-238-VOTE (8683).

Early Voting Locations



Additional bond-related information may be found on the LTISD website

(www.ltisdschools.org):

Need More Information?

Click Here



Marco AlvaradoLTISD Director of Communications

(512) 533-6046

[email protected]

Questions?

mailto:[email protected]

mailto:[email protected]

2011 Bond Presentation_Short Version_09!12!11

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