1 / 12

Investing in Our Future: Understanding the Importance of School Bonds

Learn why bonds are crucial for funding school projects, how taxpayers' money is utilized, and the impact of past bond issues in improving educational facilities. Discover the upcoming bond election and its potential benefits for schools in Las Cruces Public Schools.

tamas
Download Presentation

Investing in Our Future: Understanding the Importance of School Bonds

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Why Bonds Are Necessary • Local taxpayers build schools through property taxes • LCPS budget pays for day-to-day operations • Including salaries, utilities, insurance • Bond funds cannot be used for salaries • Bonds are needed to keep up with growth • Capital Improvements Levy repairs and maintains our schools

  2. Prior Bond Issue – 2006Tax dollars at work: • 3 new schools under construction: elementary, middle and high school • Roofs / Heating & Cooling • School & Restroom Renovations • Technology - All schools and LCPS infrastructure • Lynn Middle School - renovated gym and front of school

  3. Prior Bond Issue – 2006Tax dollars at work: • Pro-Active Maintenance - All schools • Americans With Disabilities Act improvements • Drama Classroom – MHS • New windows – Zia Middle School • Play Courts and Grounds Improvements • New Parent Drop-Off Lanes

  4. Prior Bond Issue – Projects Left Undone • Picacho Middle School Music Wing • Las Cruces High Classroom Wings (A,B,C) • LCHS currently under architectural review; status of building and recommended renovations to be determined by spring.

  5. Bond Issue 2010 • 4-year election cycle; Next bond election - 2014 • Maintain “No Tax Rate Increase” in 2010 • Feb. 2 Election, two items on the ballot: • $65 million Bond • Renew the 2-mill Capital Improvements Levy • All Schools Benefit

  6. NO School Tax Rate Increase

  7. Matching Funds: • Several projects will be eligible for additional state match (PSCOC) • LCPS to pay 1/3; state to pay for 2/3 cost Projects: • Las Cruces High renovations (project is potentially among those ranked by state for PSCOC eligibility) • Loma Heights Elem (new early childhood classrooms, multipurpose room) • Mayfield High remodeling – nursing, counseling and administrative areas • University Hills Elem (older school areas)

  8. Bond Issue 2010: • Remodeling (matching funds) $19,500,000 • New High School – final phase $12,000,000 • Roofs/HVAC – 8 schools $ 8,750,000 • Safety Systems, Technology $ 4,125,000 and Electrical Upgrades, Portables Connectivity • Nurse Area and Restrooms $ 2,500,000 Remodeling • Kitchens Remodeling $ 3,000,000

  9. Bond Issue 2010: • Outdoor Improvements - $ 2,600,000 fences, drop-off lanes, paving, sewage/lift stations, sprinklers • Baseball Complex – phase 1, $ 2,725,000 Tennis Courts, Bleachers • Shade Structures and Play $ 1,800,000 Equipment • Construction Contingency $ 8,000,000 and Land Acquisition TOTAL$65,000,000

  10. Bond Issue 2010: Also on the Ballot, vTwo Mill Capital Improvements Levy • Repairs and Maintenance • Asbestos Removal • School Equipment • Classroom Furnishings • Play Equipment • and more vPassage will not increase the tax rate

  11. How Are Citizens Helping? • Early (in-person) Voting, Jan. 8-29 • Displaying yard signs • Add their names to advertising endorsing the election • Participating in door-to-door walk, Sat., Jan. 23 • PLEASE VOTE!

More Related