COPS/Metro encourages SAISD voters to vote FOR both the 2016 SAISD Bond and the Tax Ratification Election (TRE) because they will help improve public education in our city's central school district. Download a printable 2-page flyer.
PROPOSAL 1: BOND
HOW MUCH? $450 Million dollars to renovate 13 schools
FOR WHAT? Heating/AC, plumbing, facilities upgrades. Priorities are facilities that are over 40 years old, next those over 30 years old, then newer facilities at the following campuses:
- 7 High Schools (Brackenridge, Burbank, Edison, Fox Tech, Jefferson, Lanier, Sam Houston)
- 4 Middle Schools (Davis, Irving, Rogers, Tafolla)
- 2 Elementary Schools (JT Brackenridge, Bowden)
PROPOSAL 2: TRE (Tax Ratification Election)
This is a proposal by SAISD to raise $32.1 million of additional school funding that can go to operating costs, like expanding after-school and summer school programs, increasing wages for the lowest paid employees, and upgrading technology in classrooms. The proposal would generate
$15.6 Million in Local Tax Revenue + $16.5 Million in Matched State Revenue = $32.1 Million in Total Additional Revenue
WHY COPS/METRO SUPPORTS IT
*It could increase hours and wages for support personnel—put workers on a pathway to a living wage
*It would increase attendance of after-school and summer school from 5,000 to 20,000 students
WHAT IT WILL IT COST TAXPAYERS
13 cents per every $100 of property valuation, from $1.04 to $1.17
WHO PAYS PROPERTY TAXES
- 62% of the local revenue generated will come from Commercial & Industrial Property
- 26% from rental property owners
- 6.7% from homeowners with home value greater than $100,000
- 3.7% from homeowners with home value less than $100,000*
- 0% from elderly and disabled
* Example: If your house is valued at $70,000, your monthly bill will increase by an average of $7.59/month, or about $91 the first year, and will increase gradually for the following 4 years. If you have an over-65 exemption, your taxes won’t be affected by either of these proposals.
MORE ON: TAX IMPACT
Because public schools are funded through property taxes, only the taxes of property owners will be directly affected.
If both proposals pass, the impact to the average homeowner in SAISD would be an initial increase of $7.59 a month in 2016. In 2017, the impact is estimated to be an additional $1.16 for a total of $8.75 a month, which would incrementally go up to $14.59 a month by 2020.
Under Texas law, in 2017, the Board could implement an additional $5,000 homestead exemption. If that exemption is adopted, the monthly tax impact for the average homeowner in 2017 would be $2.37 instead of $8.75; and then would go up incrementally to $7.79 a month by 2020.
MORE ON: COMMUNITY IMPACT
Specific 2016 Bond Program Projects: http://www.saisd.net/bondTRE2016/proposal.html
MORE ON: VOTING
Voting times and locations: http://www.saisd.net/bondTRE2016/vote.html
Download a printable 2-page flyer with this information.