Little Cypress- Mauriceville - Amazon...

Bond Program Information

Little Cypress-

Mauriceville Consolidated Independent School District

Election Date: May 11, 2013

LCM Bond Issues Since Consolidation

Note: K-wing @ MVE (1997), DAEP building (1995) & cosmetology building

(1997) @ HS were built from general operation funds (not bond proceeds)

Date Amount Pass/Fail Built with Proceeds

October 1968 $4,000,000 Passed LCM HS (1971)

May 1977 $7,500,000 Failed

October 1977 $7,000,000 Failed

October 1979 $9,000,000 Passed LCE (1981), MVE (1981), Vo-Tech (1981) & PE Gym (1980) @ HS

October 1992 $6,780,000 Passed Gyms @ LCI (now LCJH) & MVE (1993), K-wing (1993) @ LCE, LCJH office (1993), Asbestos Abatement & HVAC @ HS

September 1999 $12,500,000 Passed LCI (2002), Classrooms/Lib (2001) @ MMS; Field House (2001), Band Hall (2001), Science Labs (2001) @ HS, Administration (2004)

May 2008 $40,000,000 Failed

Background on 2008 Bond Election

The District contracted for a facilities assessment in the

fall of 2007. Over $100 million in facility renovations

and replacements were identified.

A Vision and Planning Committee consisting of

community and staff members met over a number of

months which culminated in the LCM Board of

Trustees calling for a $40 million bond election for May

2008.

The election failed by a vote of 739 in favor and 849

against.

Background on 2008 Bond Election

Since that time, the District has borrowed $4.9 million

through Maintenance Tax Notes (annual payments

being paid from budget) for necessary HVAC and

energy improvements.

Other than those improvements, the same facility issues

still exist, but buildings and equipment are now five

years older.

Why can’t LCM make renovations and build

new facilities without having a bond election

and raising taxes?

The simple answer is there are no funds available for

major capital improvements without selling bonds and

levying a tax rate to fund the payment of principal and

interest on those bonds.

Most of us must borrow money from a bank or other

source when doing large projects such as building a

house. We then must have funds available in our

personal budget to make the mortgage payments. The

same is true for a school district.


new facilities without having a bond election

and raising taxes?

State law allows public school districts to levy property

taxes in two parts:

1. A Maintenance and Operations (M&O) tax rate for

the purpose of daily operation of the district. Law

allows a maximum M&O tax rate of $1.04 without

voter approval or $1.17 with voter approval. LCM

is currently at $1.04.


new construction without having a bond

election and raising taxes?

State law allows public school districts to levy property

taxes in two parts:

2. An Interest and Sinking (I&S) tax rate for the

purpose of paying principal and interest on bonds

that voters have approved for making capital

improvements. Existing law requires that the

District demonstrate at the time bonds are issued

that it can pay all of its tax supported debt at a rate

not to exceed 50 cents based on the current

valuation of the tax base. All debt paid with funds

generated by the I&S tax rate require voter

approval. LCM is currently at 11.8 cents.

Proposed Facilities Program - Summary

• Provide secure main entries at all campuses

• Connect buildings together where possible for safety

purposes

• Correct existing safety concerns such as narrow

hallways

• Replace older buildings in the district

Proposed Facilities Program

Floor plans on the following slides are

Preliminary

These floor plans are works in progress and

may continue to be modified as we work with

the architect to improve various aspects of

needs and efficiency on the campus. The basic

items are there, but specific design, locations,

and layouts may change.


Little Cypress-Mauriceville High School

Principal: Dr. Terri Estes

• Provide secure front entrance

• Connect buildings where possible to reduce number

of open entrances

• Eliminate narrow hallways and exterior walkways

• Enlarge the cafeteria and kitchen

• Provide an additional gym (alternate bid)


Little Cypress-Mauriceville High School


Little Cypress Junior High School

Principal: Mitzi Conn


• Connect buildings to reduce number of open

entrances

• Retain both gyms and the cafeteria and replace all

classroom buildings (built in 1950’s and 1960’s)


Little Cypress Junior High School


Mauriceville Elementary School

Principal: Buffy Knight


• Connect buildings where possible to reduce the

number of open entrances

• Replace the classroom building (built 1958) that is

connected to the round top gym, which will remain

• Add classrooms to eliminate portable buildings and

add a science lab

• Construct new, larger cafeteria and kitchen

• Improve traffic flow


Mauriceville Middle School

Principal: Todd Loupe


• Connect buildings where possible to reduce number

of open entrances

• Construct a new gym

• Replace band hall and add a science lab

• Construct new, larger cafeteria and kitchen


Mauriceville Elementary and Middle Schools


Little Cypress Elementary

Principal: Kayla Casey


• Extend rear exterior canopy to connect with LCI

canopy



Little Cypress Intermediate

Principal: Julia Dickerson


• Extend front canopy to connect with LCE canopy

• Construct additional driveway for buses



Little Cypress Elementary & Intermediate


What’s Not Included?

• HS auditorium improvements

• HS parking lot and road resurfacing

• Replacement/repair of HS tennis courts

• HS football stadium improvements (restrooms,

expanded seating, artificial turf)

• Parking and seating improvements at softball

stadium

• LCJH football stadium improvements (restrooms,

concession, lighting, seating)

• LCJH weight room improvements


What’s Not Included?

• MMS football stadium improvements (restrooms,

concession, lighting)

• MMS walking track resurfacing

• MMS locker replacement in 300 building

• Resurfacing road behind MMS

• Paving repairs in front of MVE

• HVAC improvements at LCE

• Kitchen renovations at LCE

• Security and fire alarms at non-campus facilities

• Expansion and resurfacing of bus and driver parking areas

• Covered bus/vehicle fueling station

• Bus washing station/area

Why are those items not included?

Remember from the previous slide that the I&S tax rate in

LCM is currently 11.8 cents and the maximum the rate can be

at the time bonds are issued is 50 cents. We are limited to

raising the I&S tax rate by another 38.2 cents.

Because of this, we have a bond capacity of approximately $56

million which would require a maximum tax rate increase of

38.01 cents. This includes funds we should receive from the

state to help with debt payments through the Existing Debt

Allotment.

Therefore, the proposed projects were reduced to the $56

million limit. Student safety and instructional areas received

the higher priority.

Financial Implications

Tax Implications – Impact on Homeowner

The maximum increase of 38.01 cents would cost a

homeowner an additional:

• $105 / year for a $50,000 home ($9 / month)


• $298 / year for a $109,842* home ($25 / month)



* Average market value of residence in LCM CISD is $109,842.

Financial Implications

Citizens 65 Years of Age or Older Or

Disabled

Citizens whose taxes on their homestead have

been frozen will NOT see an increase in their

taxes above the frozen level as a result of this

bond proposal.

Early Voting Information

Early voting will be from 8:30 a.m. to 4:30 p.m.,

Monday-Friday from April 29, 2013 through

May 7, 2013 at the following locations:

• LCM Education Center (across the street from the

Administration Building)

• Mauriceville Fire Department

• Orange Public Library

Extended hours of 8:00 a.m. to 8:00 p.m. on the two

Tuesdays (April 30 and May 7).

Any registered voter who lives in the District

may vote at any of these locations.

Early Voting Information Temporary Branch Polling Places

Early voting will also be available at the

following locations:

• April 30 5:30-7:30 Little Cypress Junior High

• May 2 5:30-7:30 Little Cypress Intermediate

• May 6 3:00-6:00 LCM High School

• May 7 5:30-7:30 Little Cypress Elementary

• May 7 5:00-7:00 Mauriceville Elementary

• May 7 5:00-7:00 Mauriceville Middle School

Any registered voter who lives in the District

may vote at any of these locations.

Election Day: May 11, 2013

Polls will be open 7:00 a.m. to 7:00 p.m.

Vote at your assigned election precinct:

• Precincts 3, 6, 7, 8, and 9 vote at

Little Cypress Intermediate

2300 Allie Payne

• Precincts 15, 16, 31, and 32 vote at

Mauriceville Middle School

19952 FM 1130

Little Cypress- Mauriceville - Amazon...

Documents

Transcript of Little Cypress- Mauriceville - Amazon...