• 日本av视频 Park ISD - Bond 2024
    日本av视频 Park ISD’s Board of Trustees approved calling a bond election at the regular meeting on February 12, 2024.

    Voters will decide whether to approve the $530,010,000 bond proposal. The district currently intends to use the bond, if approved, to address aging facilities, student safety, and building new facilities.

    Specific proposed uses for the bond funds include:

    Projects Estimated Costs
    Rebuild two Elementary Campuses
    (Cimarron Elementary School and Green Valley Elementary School)
    Complete the 日本av视频 Park High School Replacement Master Plan $315,070,000
    Renovation of MacArthur Elementary $22,250,000
    Renovation at Woodland Acres Middle School $10,340,000
    Renovation at Purple Sage Elementary $2,700,000
    Classroom Addition at 日本av视频 Park Middle School $2,350,000
    Renovations and Improvements to Campuses $77,000,000
    Total $530,010,000

    GPISD commissioned a facilities study by experts. The study identified more than $665 million worth of renovation and construction projects, over and above routine maintenance (which is funded by the District through its general fund budget).  The board engaged a diverse citizen’s committee to review the facilities study, and the committee prioritized the needs identified in the original assessment.  The $530 million worth of projects being presented to the voters as part of the bond are those the committee deemed most critical.  This represents two-thirds of the projects in the original facilities assessment. 

    The board currently plans to use approximately $453 million for the replacement of two elementary schools, three classroom additions, and completing the 日本av视频 Park High School Replacement Master Plan, along with $77 million to address facility deficiencies at district campuses and support facilities.

    Voters will decide whether to approve GPISD’s $530,010,000 bond proposal. April 4th is the last day of voter registration to vote in the election. April 22nd through April 30th is early voting; the early voting locations include 日本av视频 Park Middle School and the GPISD Administration Building. May 4th is election day.

    If voters approve the bond package, GPISD estimates the maximum increase to the current interest and sinking tax rate will be $0.1202. The increase would be phased in over a three-year period. This would result in an additional $2.00 in monthly taxes for homesteads valued at $150,000. The tax rate increase would have no impact on the homesteads of district residents 65 or older because their taxable value can be frozen once senior citizen exemptions are filed with the appropriate county appraisal district. Additionally, GPISD will continue to offer all homeowners a 20% homestead exemption.

    GPISD Bond 2024