Bond Advisory Committee
Every two years, Population and Survey Analysts (PASA) provides district officials with a Demographic Update of Lake Travis ISD. The comprehensive report highlights housing projections, economic trends, ratios of students per household, student enrollment projections, and long range planning. According to PASA, student enrollment at Lake Travis ISD has increased by approximately 76% since 2007. Considering a moderate growth rate scenario, projections indicate a continued increase of more than 60% during the next 10 years, resulting in a district-wide enrollment of nearly 16,000 students.
In the fall of 2016, district officials hired third-party firms to conduct a condition assessment of all district-owned facilities and property, as well as assessments of its technology, furniture, and food service assets. Using PASA's Demographic Update and the findings from these assessments as a baseline, district officials formed a bond advisory committee in the spring of 2017 to start the planning for a potential bond issue in November 2017.
Comprised of 28 members representing each elementary and secondary school attendance zone, as well as the greater Lake Travis community, the committee met over the course of seven meetings between January and May. Members received a list of district requests totaling approximately $392 million. Upon separating those requests into three categories based on priority, the committee was tasked with the creation a bond issue that would keep the district’s tax rate at the current level while still addressing the district’s highest needs.
Presented by 2017 Bond Advisory Committee chair Jeremy Self to district trustees during the regular board meeting on May 16, the proposed bond package included a new elementary school; a new middle school; upgrades, renovations, and repairs to existing facilities; school buses; and technology.
However, Senate Bill 693 requires school districts to install seat belts on any school buses purchased after September 2017. Approval of the bill occurred after the Bond Advisory Committee's presentation to the Lake Travis school board. As a result, Lake Travis ISD officials allocated $1.3 million to the proposed bond package to cover the cost of equipping its existing fleet of buses and any new bus purchases with seat belts.
In a unanimous vote June 20, the Lake Travis school board approved an order calling a $253 million bond election to be held November 7, 2017. Major bond components include the following:
- Middle School #3
- Elementary School #7
- Upgrades, renovations, and repairs to existing facilities
- School buses, including installation of seat belts
Members of the 2017 Citizen's Bond Advisory Committee included:
Jo Ann Richmond
Jeremy Self (c)