Registered voters in the Cypress-Fairbanks Independent School District approved $713.2 million in bonds in two propositions December 11, 2004 . The school district drew the overwhelming support of the community, with the uncanvassed count at 5,521 votes cast FOR and 1,805 votes cast AGAINST Proposition 1 and 5,320 votes cast FOR and 2,027 votes cast AGAINST Proposition 2. The approval rating for the bond referendum was 75.36% and 72.41% for Proposition 1 and 2 , respectively.
The first proposition totals $659.1 million and is for building seven elementary schools, two middle schools and two high schools; purchasing 18 sites for school construction; purchasing 194 school buses; funding renovation and improvement projects at more than 50 district facilities; and providing funds for instructional technology needs through 2009-2010.
A second proposition, in the amount of $54.1 million, would fund curricular and program enhancements that include the construction of multi-purpose rooms and expansion of music facilities at each of the district's comprehensive high schools and the installation of air conditioning for elementary school network data equipment rooms.
Dr. David Anthony, superintendent of schools, said, “The Cypress-Fairbanks community has a long-standing history of supporting the students and schools of this district. I would like to thank the voters for participating in the bond election process and continuing to keep the best interest of the students as a priority in our community. I would also like to thank the Community Bond Study Committee for the many hours of difficult work that they completed and the CFISD personnel and community members who made more than 190 bond information presentations. The successful bond election is due to the commitment of the Cy-Fair community to quality education for the students of today and the untold thousands in the coming generations.”
The maximum potential increase on the Interest and Sinking (I&S) Tax rate resulting from the passage of the $713.2 million bond referendum is projected to be three cents. This equates to $1.63 per month, or $19.50 per year, for a home valued at $100,000.
Through wise financial planning, conservative projections and strong fiscal management, the Cypress-Fairbanks school district has effectively financed more than $811.3 million in schoolhouse bonds over the last decade with only a two-cent increase to the Interest and Sinking (I&S) Tax rate. This includes the $76.2 million referendum in 1994, the $264.6 million referendum in 1998 and the previous referendum for $470.5 million in 2001.
The Cypress-Fair-banks ISD Board of Trustees commissioned a 53-member Bond Steering Committee (BSC) to review the district's programs, facilities and enrollment and assess immediate and future needs given the current rate of student population increases and the district's current capacity.
The committee, comprised of community members, parents, business representatives and district employees, completed its study in six weeks and recommended to the Board in late September that a referendum would be necessary for the district to accommodate a student enrollment expected to reach 95,300 in five years or less. Trustees then utilized the results of the committee's work and considered its recommendation, ultimately choosing to call the election.
About CFISD | Bond Update | Campus Info | Departments | Human Resources | News & Media | Safe Schools
Contact Us | Español | Search | Site Index
Copyright 2008. Cypress-Fairbanks ISD. All Rights Reserved.