What you need to know
In a Jan. 16 update on the activities of the district's CAC, Superintendent Devin Padavil shared that all members of the committee are in favor of pursuing another bond to address needs for improvements and preparation for growth in the district. Although he did not provide a timeline for related action, he said the committee will soon bring a recommendation to the board regarding these needs.
The details
The district last called a bond in 2021, with voters approving $349.92 million in funds for school facilities, capital improvements, technology infrastructure and equipment. In this latest update from Padavil, he shared that the committee has reviewed and prioritized up to $730 million in potential projects. Details for these projects are not currently available.
Padavil also shared in his update that up to $600 million in projects can be funded with no increase to the district's tax rate, while up to $650 million could be funded by a $0.01 increase to the rate.
How we got here
Trustees elected to convene a CAC in 2023 to address ongoing growth needs of the district, with the formation of such a committee being an initial step in evaluating existing district facilities and resources in anticipation of a potential bond, district officials said. Data released by the U.S. Census Bureau in May showed Georgetown is the fastest-growing city in the country among cities with population of more than 50,000 residents.
