What happened
Fabian Cuero and Lindsay Ledyard, co-chairs of the RRISD CBC, told the board of trustees five subcommittees focused on capital renewal, safety and security, growth, fine arts and athletics, and technology had identified potential propositions for a future bond with estimated funding needs for some of these propositions. These recommendations are based on the district's long-range facilities master plan as well as community feedback, per the district.
Breaking it down
Cuero and Ledyard shared the committee and its subcommittees identified four propositions covering areas of capital improvement and maintenance of existing facilities:
Proposition A: general improvements, $830.57 million
- Capital renewal, $553.17 million
- Fine arts and athletics, $138.24 million
- Safety and security, $62 million
- Secondary growth, $33.35 million
- Bond management costs, $20.5 million
- Elementary growth, $17.28
- Early College High School construction costs, $6 million
- Student and staff devices, $61.37 million
- Technology infrastructure, $54.36 million
- Classroom and facility devices, $30.3 million
- Subscriptions, $2.53 million
- Robotics technology equipment, $693,550
- New construction of a centralized 165,000-square-foot CTE center to allow expansion of CTE offerings
- Refurbish Dragon Stadium into a districtwide facility, removing Round Rock High School-specific branding
- Expand press box
- Update stands to Americans with Disabilities Act standards
To fund the $1 billion to $1.5 billion in potential bond projects, a few scenarios were presented to the board. Per Ledyard, the district could take on up to $1.25 billion in bond projects without having to increase the debt service tax rate, set at $0.1980 per $100 valuation for fiscal year 2024-25.
What's next?
Discussions around potential bond projects will continue at a future board workshop, board President Amber Landrum said.
