District officials will give four bond presentations to cover several aspects of Grapevine-Colleyville ISD's upcoming $150 million bond on the May 4 ballot.

The details

According to a district news release, community presentations are open to anyone who lives or works in GCISD.

Meeting information is as follows:
  • Meeting No. 1: 6 p.m. March 6, Colleyville Middle School cafeteria
  • Meeting No. 2: 6 p.m. March 26, Cross Timbers Middle School library
  • Meeting No. 3: 6 p.m. April 2, Heritage Middle School cafeteria
  • Meeting No. 4: 6 p.m. April 16, Grapevine Middle School cafeteria
Director of Communications Rosemary Gladden said that the meetings include several key aspects of the bond proposal including:
  • Process
  • Timeline
  • Bond projects
  • Tax rate information
Gladden said that Superintendent Brad Schnautz and Chief Operations Officer Paula Barbaroux, who facilitated the long range planning committee and the bond advisory committee, will be the presenters.

A closer look

According to district documents, the bond is separated into three parts:
  • Proposition A: $134.2 million for safety, bus and school updates
  • Proposition B: $10.2 million for instructional technology
  • Proposition C: $5.5 million for swim center improvements
According to district documents, there will be no increase to the interest and sinking, or I&S, tax rate. The current debt portion of the GCISD tax rate is $0.1957 per $100 of property value. According to district officials, that rate is expected to remain at $0.1957 following the bond election.

Quote of note

“These community presentations are to provide information about the bond and to answer questions our community members might have,” Schnautz said. “This is one of several ways we are reaching out to the community to ensure they have the facts about the bond propositions.”