What is a bond?
A bond is similar to a home mortgage. It is a contract to repay borrowed money with a stated interest rate over time. In Texas, most school districts utilize bonds to finance construction, renovations, and equipment.
How was this proposal developed?
In 2017, the District hired the Texas Association of School Boards to complete a facilities assessment. For over 2 years, the Board has been studying the findings, consulting with HISD’s financial advisor, and considering TEA requirements. In 2019, the Board prioritized the projects and called for a November bond election.
Why not renovate the existing Junior High?
In 2017, the cost to renovate the JH campus was estimated at $15.6 million versus today’s cost of $22 million for a new PreK-6 campus off the hill.
Why not build a new HS and move PreK-6th grades into the existing HS?
Construction of a new high school, which is estimated to be $35 million, is not financially possible.
Our facilities have served our District for many years, but the cost to maintain and operate facilities increases as the buildings get older. New facilities are more efficient and cheaper to operate. New facilities are also embedded with safety features and technology to help Hamilton ISD meet academic requirements and Texas Education Agency standards.
What will happen to the JH campus? At this time, 7th and 8th grades will remain a separate Junior High campus.
Are there plans to demolish the Rock Gym?
No. This bond proposes upgrades to the Rock Gym.
Will staff be cut as a result of this bond?
There is no plan to cut staff. HISD will have the same number of students, so the same number of staff will be needed to serve the current enrollment.
How will PreK-6th graders get to the new campus?
A bus will transport students to the new campus. Also, the parent drive will be sized to allow for ample stacking space off Hwy 36.
Will my taxes go up if I am 65 or older?
No. By law, if you receive an Age 65 or Older Exemption, your homestead taxes cannot be raised above the frozen level unless you make significant improvements or additions to your home, such as building a swimming pool or adding a garage or game room to your home.
Have the projects been designed yet?
No. The design phase happens after voters approve a bond with teacher, staff, and administrator input on how the campus should function to best implement Hamilton ISD’s student programs.
How will the ballot be worded?
The ballot will read: “THE ISSUANCE OF $24,800,000 OF BONDS BY THE HAMILTON INDEPENDENT SCHOOL DISTRICT FOR SCHOOL FACILITIES AND THE LEVYING OF A TAX IN PAYMENT THEREOF.” Voters will vote “for” or “against” the proposition.