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
$124.5 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
September 2005
$107.9 million
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
September 1998
$134 million
Renovations/repairs to all campuses and facilities
Replacement of Grapevine Middle School
Acquisition of school building sites
Purchase of technology
November 1993
$75 million
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.
BACKGROUND