PISD calls bond election. In November 2007 Superintendent Pollan said the school district's needs were vast. So the magic answer to all the problems is a new high school campus complex that taxpayers will be hung with for the next 30 years. It is interesting that not one thing has been mentioned about the physcial needs of the facilities that really need the repairs and the additional room. A new $36.5 million high school campus will solve all our problems. Superintendent Pollan informed the public of this at the second informational session conducted by the district's administrative staff.
An individual with an average pay of $8.00 an hour will forfeit a 1/2 days pay each month for the required 43 cent per 100 valuation a year increase for the bond issue. This is equal to 6 work days a year just to pay the increased tax associated with the bond for a high school complex that has yet to be proven of its real need. This is for the next 30 years of a taxpayer's life.
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From the Dallas Morning News....
Ennis ISD calls for $49 million bond election. What is the difference between the PISD and the EISD bond elections?
The tax rate impact for the EISD bond on a $88,860 average price home will be $71 a year.
The PISD tax rate impact for the same home will be $382.10 a year.
I just logged on to this blog and this is my first contribution.
What the PISD and no one else has told the public about the school bond is that:
(1 While the initial bond is for $36.5 million dollars, the bond is for 30 years at an interest rate of 5.25.
(2 The total cost to Camp County Property Tax Payers over this 30-year period will be approximately
$72,559,696.00!
(3 A person with a property assessed value of $100,000.00 will pay about $12,900.00 in ADDITIONAL property taxes over the 30 year period. More examples can be calculated easily.
It is sad that a collective few are willing to put the property tax payers of Camp County into debt for over $72 million over 30 years, and there is no assurance that one child will benefit education wise!
Will A $36 Million More School Bonds Scientifically Raise Academic Achievement?
The spending per student in the PISD is about $8000 per year. This is about what you get by dividing the school budget of about $22,000,000 by about 2500 students. This is higher than the surrounding school districts. If the school bond issue passes and the tax rate increases by about 30%, the spending per student will go over $10,000. This may make the PISD number one in spending per student?
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