The outlook
The preliminary bond package described at the June 6 board meeting included five propositions for items such as new schools, new gyms/physical education classrooms, an additional pool facility, a new agricultural barn, and artificial turf for high school baseball and softball fields. According to Null, Proposition A would include only the necessities, while propositions B-E are being considered as additional needs still under debate.
- Proposition A
- Eight new schools: $1.07 billion
- Three campus additions: $90.47 million
- Five major campus renovations: $132.32 million
- Twp master plans: $95.79 million
- Infrastructure: $235.07 million
- Additional safety items: $35 million
- Land: $50 million
- Buses and transportation centers: $22 million
- Technology infrastructure: $70 million
- Proposition B
- Technology devices: $40 million for items left out of previous bond
- Proposition C
- New agriculture barn at North County Livestock Facility: $11 million for a barn to service Conroe High School, Caney Creek High School and a new Conroe-area high school
- An additional $6 million for additions to agriculture facilities
- Option 1 with eight gyms, PE classrooms: $47.9 million
- Option 2 with 16 gyms, PE classrooms: $95.9 million
- Proposition D
- Pool Option 1 with a 50-meter outdoor pool next to natatorium: $22.9 million
- Pool Option 2 with a 25-yard indoor practice pool at new Conroe-area high school: $19 million
- Refurbishing the natatorium: $2.5 million
- Proposition E
- Converting natural turf to artificial turf for baseball and softball fields at Conroe, Caney Creek, College Park, Oak Ridge and The Woodlands high schools: $17.5 million
The impact
According to the board presentation, if the potential maximum total is reached, the estimated impact on the tax rate is $0.02. However, the tax rate is expected to decrease in fiscal year 2023-24 by $0.0597 per $100 valuation, according to CISD budget discussions.
- Average taxable home value: $308,000
- Estimated tax rate impact: $0.02 per $100 valuation
- Estimated monthly impact to tax bills: $5.13
- Estimated annual impact to tax bills: $61.60
- Tax rate: expected to decrease by $0.0597 in FY 2023-24
- Projected FY 2023-24 tax rate: $1.0597, down from about $1.11 per $100 valuation
The bond committee will review community feedback and elect a spokesperson July 17. The spokesperson will present the final bond package to the board during a special meeting Aug. 6 or during the regularly scheduled board meeting Aug. 8.