1. 2 A look at Katy ISD in 2006 181 square miles –three counties –two cities 47,800+ students 6,300+ employees 44 campuses 12 support facilities.

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A look at Katy ISD in 2006

• 181 square miles– three counties– two cities

• 47,800+ students• 6,300+ employees• 44 campuses• 12 support facilities

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Katy ISD is

• an average-wealth district with general fund expenditures at the state average.

• one of Texas’ fastest-growing districts.• one of Texas’ highest-achieving

districts.• a model for other Texas districts in

curriculum and instruction.• nationally known for quality education.• the largest employer in this area.

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Katy ISD currentlyoperates and maintains

• 56 facilities • 9 million square feet• 1514 acres of developed property

plus

• 227 acres of undeveloped property on 5 sites

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In percentage of growth Katy ranks

• 1st among districts of 45,000 or

more students

• 6th among districts of 20,000 or

more students

• 13th among districts larger than

10,000 students

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Growth History

28,230

32,338

37,195

41,687

47,816

25,000

30,000

35,000

40,000

45,000

50,000

1997-98 1999-00 2001-02 2003-04 2005-06

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Growth Projections

50,161

52,937

55,676

58,935

62,279

65,844

69,906

74,202

78,677

83,418

50,000

55,000

60,000

65,000

70,000

75,000

80,000

85,000

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

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It took Katy ISDIt took Katy ISD

77 years to enroll its first 25,000 students(1919-1996)

and

11 years to enroll the next 25,000(1997-2007)

But will only take

7 years to enroll the next 25,000(2008-2014)

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In 2002,Katy voters approved a

$315,635,000bond authorization

to fund capital projects through 2005.

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Six new schools fundedby the 2002 bond authorization are

complete.

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Rylander Elementary

Exley Elementary

Rhoads Elementary

Franz Elementary

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Beckendorff Junior High

Seven Lakes High

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Three more are under construction• Griffin Elementary (open 2006)

• WoodCreek Elementary (open 2007)

• Elementary School #28 -- North Fry Rd. (open 2007)

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The 2002 authorizationalso funded:• Athletic facility improvements at 4 high

schools • Reroofing at 4 campuses• Carpet replacement at 4 campuses • Classroom additions and renovations at 5

campuses• New barns at Young Agricultural Science

Facility• Roadway/parking improvements• Rhodes stadium improvements• Technology projects• Land for 11 schools

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In 2005, the district began updating its

Long-Range Facilities Planto prepare

for a new bond electionin 2006.

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2006 Bond Proposal

• 2006 bond proposal combines– construction of new schools for

enrollment growth

– maintenance and renovation projects at existing campuses

– other capital projects

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2006 Bond Proposal

• New Schools - $118,807,339– 3 elementary schools (#30, #31, #32)

– 2 junior highs (#11, #12)

– classroom display technology

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2006 Bond Proposal

• Additions and Improvements - $81,201,952

– Morton Ranch High School 9th grade center

– Miller Career Center additions and renovations

– Opportunity Awareness Center/School of

Choice/Behavior Transition Program additions and

renovations

– Mayde Creek High School natatorium

– roofing, carpet, brickwork,

mechanical/electrical/plumbing, restroom

refinishing, air conditioning, central plant and

other projects

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2006 Bond Proposal

• Technology - $30,351,000

– campus, server and network retrofits

– teaching and learning software

– parent/community communications

software

– staff development tracking system

– facility reservation system

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2006 Bond Proposal

• Safety and Security - $6,340,000

– campus security camera system

– campus visitor system

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2006 Bond Proposal

• Other Items - $24,799,709

– Land

– Buses

– Portable buildings

– Bond issuance costs

– Engineering for Elementary #33

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2006 Bond Proposal

• New facilities $118,807,339

• Additions and improvements $ 81,201,952

• Technology $ 30,351,000

• Safety and security $ 6,340,000

• Additional items $ 24,799,709

Total package$261,500,000

This amount will fund capital projects for the next

three years

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Bonds

• allow multi-year payout for buildings and major capital items.

• are paid off in part from future increases in the tax base.

• leave maintenance and operations funds available for instruction and services.

• are paid through the debt service tax rate, which is not subject to offset under state funding formulas.

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This bond authorizationwill require

no increase in the tax rate because Katy ISD

has reachedits tax cap of $2.00.

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Katy ISD’s long-term debt management plan shows that these bonds can be paid off with the existing tax rate, while also creating additional

capacity for future authorizations.

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Budget impact

• 3 cents – $3 million – will shift from the maintenance and operations (M&O) tax rate to debt service.

• Fund balance will be used to offset the reduction in the M&O budget.

• Funds currently appropriated for salaries and instructional programs will not be used to offset the $3 million reduction.

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$1.63 $1.60

$0.37 $0.40

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

$1.80

$2.00

Current TaxDistribution

Future TaxDistribution

Debt

M&O

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Budget Impact

• The sale of new bonds (additional debt) will not have a negative impact on instructional programs.

• Without bonded debt, capital projects will be paid for out of the M&O budget, reducing the amount available for instructional programs, salaries and daily operations.

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Questions & Discussion