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Lumberton ISD approves $78 million bond and discusses upcoming tax rate

August 15, 2019

 

Lumberton ISD approves $78 million bond and discusses upcoming tax rate

​Voters of the Lumberton Independent School District will decide in November on whether to support Proposition A, a $78 million bond package.
​On Thursday, Aug. 8, the Board of Trustees authorized the issuance and sale of bonds to renovate and improve LISD school buildings and grounds.
​“A good portion is bringing all of our buildings up to code,” Board President James Kersh said.
​Proposition A will renovate classrooms and campus infrastructure, improve traffic circulation, and upgrade safety & security throughout the district.
​The particulars came after months of study into the defects and the potential remedies on each campus by an advisory board.
​Speaking of the decision, Superintendent Gerald Chandler said: the results “fall in line with the citizen’s advisory committee recommendations.”
​By a vote of five to one, the district proposed to place the bond on the upcoming general election ballot.
​All of the projects with the best estimate of costs were enumerated in a presentation by the Advisory Committee followed by Guy Goodson, of the Germer Law Firm. They are:
• Approximately, $7.5 million for the Early Childhood campus to renovate the play gym, classrooms, and library along with adding parking and demolishing pods.
• An estimated $1.4 million will be spent at the Primary and Intermediates Schools to improve traffic circulation.
• Roughly, $53.1 million will switch the Middle and Intermediate School Campuses, renovate classrooms, and demolish the oldest portions of the existing Middle School to make way for new construction.
• Another $12.7 million is estimated to add an addition for the Career and Technology building on the High School Campus.
• About $1.1 million needed for safety and security upgrades throughout the district.
• An estimated $3 million for parking lot improvements needed throughout the district.
​“These schools weren’t built for the populations we currently have,” Kersh said.
​Bond supporting documents are available at the district office and will be online for public review soon.
​Trustees also discussed the proposed 2019-2020 tax rate. Proposed is $0.97 for maintenance and operations, which is a decrease of $0.07 from last year.
​The proposed tax rate for the interest and sinking fund is $0.045, making a proposed total tax rate of $1.015 for the school year.
​“There will probably be another decrease in the next year because of our (lower) assessed values,” ISD Business Manager Lori Mack said.
​If the bond passes, the increase in the tax rate would be on the next school year with an added $0.40 value.
​No action taken on this item at this time. 

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