PREVIOUS BOND WORK

GCISD has a history of funding capital improvements through bond issuance and has experience successfully delivering its bond projects as promised to the voters – on time and on budget.

May 2011 Bond

$124.5 million

September 2005 Bond

$107.9 million

September 1998 Bond

$134 million

November 1993

$75 million

Safety and security

Renovation/repair of existing facilities

Advancement of instructional programs

Enhancing the learning environment

Use of current/emerging technology

Efficient operational systems

Preservation of co-curricular and extracurricular programs

Dedicated career and technology center (Career & Technical Education Center)

Go Centers for both high schools

Renovations/repairs to all campuses and facilities

Replacement of Colleyville Elementary

Repurpose of original Colleyville Elementary School for the Bridges Learning Center, District Training Center and Offices for Special Services and Nutrition Services

Purchase new buses, vehicles, and technology

Renovations/repairs to all campuses and facilities

Replacement of Grapevine Middle School

Acquisition of school building sites

Purchase of technology

New High School (Colleyville Heritage High School)

Two New Elementary Schools (Glenhope Elementary School and Silver Lake Elementary School)

Renovations and additions at existing schools

Furniture

Buses and vehicles

Technology for existing schools

The State of Texas has chosen to fund facilities through local taxpayers at the local level. Unlike some Texas school districts, our district does not receive facility allotment funds from the State, which means longer-term facility improvements and equipment must be approved by voters through bond elections.

 

The district’s Maintenance and Operations budget (M&O) is dedicated to daily operating costs and recurring or consumable expenditures such as teacher and staff salaries, classroom supplies, software and utilities. In addition, because GCISD is a recapture (“Robin Hood”) district, the district is required to send more than $25 million of its local operating tax collections each year to the State for distribution to other school districts. This means GCISD has approximately $25 million less per year in its operating budget to fund personnel and classroom materials and supplies than the tax revenue it receives.

 

Unlike the operations tax revenues, GCISD retains 100% of bond tax revenues that repay the district’s obligations. This is why the district looks to bond programs to fund facility improvements and equipment; every bond dollar approved by voters stays in GCISD. Without bond programs, GCISD would not be able to maintain its facilities and/or adapt for existing and expanding programs and services for students.

©2016 Grapevine-Colleyville ISD