The Bond Bond Projects Doing Business with SAISD Blog Bond 2010 Contact Us Business Diversity Program
On Nov. 8, 2016, San Antonio ISD voters approved two separate ballot propositions to support school building renovations, 21st-century classrooms and increased academic support.
The $450 million bond provides funding for major renovations for 13 schools, replacing infrastructure systems that, in most cases, are more than 40 years old, upgrading science labs and expanding other classroom spaces to meet recommended state guidelines.
The 13 schools to receive extensive renovations are: Brackenridge, Burbank, Edison, Fox Tech, Sam Houston, Lanier and Jefferson high schools, Davis, Irving, Rogers and Tafolla middle schools and JT Brackenridge and Bowden Elementaries. Find out more.
Voters also approved a Tax Ratification Election (TRE) to raise the District's Maintenance & Operations (M&O) tax rate by 13 cents. The additional operating revenue will support increased academic offerings for students, technology for the classrooms and upgrades to the learning environment. Find out more.
What is a bond?
Just as homeowners borrow money in the form of a mortgage to finance the purchase of a home, a school district borrows money in the form of bonds to finance construction of new schools and renovation projects. Both are repaid over time, but in order for a school district to sell bonds, it must go to the voters for approval. By law, bond funds may not be used to finance daily operating expenses, which are paid from the district's M&O budget.
What is the timeline for Bond 2016 projects?
A general schedule for major projects includes a year of design, three months of bidding and award to contractors and two years of construction. Some projects may require as many as three years of construction due to phasing to ensure safety and limited disruption to students and staff.
Did some of these schools receive upgrades from the last bond in 2010?
All of the high schools received some renovations, but not to the areas that would be renovated under Bond 2016. Most of the high school renovations under Bond 2010 focused on new career and technical education buildings or additions, while most projects under Bond 2016 will focus on the main school building, which was not previously renovated.
Will the Bond focus on energy efficiency?
Yes. Current codes, including energy codes, will be complied in order to improve energy and utility efficiency, including upgraded insulation of exteriors such as roofing, walls and windows; efficient air-conditioning and heating equipment; efficient lighting and sensors and use of low-flow toilets and urinals.