Conroe ISD is forming a bond review, named Facility Planning Committee, to identify needed facilities and improvements for a potential November 2015 bond. The proposed facilities would accommodate an expected increase in student enrollment, Communications Director Sarah Wood said. Superintendent Don Stockton said the district has the sixth-largest growth rate in the state. "We're growing by about 1,500 students a year," he said. "Between 2003–13, we added over 16,000 students." The FPC will be complete in February and begin meeting in March for three months. The committee will examine a completed demographic study, which will aid in determining the district's priorities in the bond referendum. Several projects, including three or four new elementary and junior high schools, in addition to a new high school in the Oak Ridge feeder zone, will be considered in the bond, Stockton said. The amount of the bond has yet to be determined, but Stockton said he anticipates the amount will be less than the 2008 CISD bond that voters approved for $527 million. The district's tax rate is $1.28 per $100 of property valuation. While a change in the tax rate under a bond is not yet known, Stockton said the goal is to have the lowest rate possible. "We have the lowest tax rate in Montgomery County and second lowest in the Greater Houston area," Stockton said. "We've been able to pass our tax rate very efficiently, and that will be a priority when we go into this bond issue."