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.