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Wylie ISD

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» Key Facts about Wylie ISD's November 2009 Bond Election-impacting all students of Wylie ISD
By N/A | Published 10/12/2009 | Education | Interest Level:

• This bond will affect every student as he/she moves through the school feeder patterns.  The infrastructure for fiber optics and security upgrades will benefit all campuses.
 
• The bond will be presented in three separate proposals totaling $76.965 million.
 
Proposition #1
Infrastructure for fiber optics and security upgrades at all campuses; improvements to the Wylie stadiums -- $7.775 million.

Proposition #2
Additions and renovations to Burnett, Harrison, Hartman, Birmingham and Akin; construction of the Achieve Academy -- $24.940 million.

Proposition #3
Additions, conversions, and facility improvements to Wylie High School and Wylie East High School -- $44.250 million
 
• Despite the economic downturn, the district has grown 7% since this time last year and has moved above an enrollment of 12,000 students.  WISD has grown by more than 700 new students since this time last year.
 
• A Bond Review Committee has been chartered by the Board of Trustees to review the progress of bond funded projects for this and other authorizations.
 
• Patrons aged 65 and over will have no increase in school property taxes should the bond pass if they have filed an Over-65 Exemption with the Collin County Appraisal District at www.collincad.org/dn/htm.
 
• WISD is one of the state's most credit-worthy school districts with A+ bond ratings from Standard and Poor's and A from Fitch Ratings.
 
 
• WISD sells bonds only when and if funds are needed and only up to the amount authorized by voters.
• Using bond funds for construction allows the district to spread the cost of building over 20-30 years -- just as a homeowner finances the purchase of a house.
• Without bond funds, the district will be required to pay for capital items from the general fund, which pays for salaries, instructional programs and other operating costs.
• Approximately 20% of Wylie's current annual debt payments are funded by the state.
 
• The Recognized designation earned by Wylie ISD (14 of 17 rated campuses are either Recognized or Exemplary) is a contributor to economic recovery and sustained  community growth.
 
*November 3, 2009
General Election Day
7 a.m.-7 p.m.
*all precincts may vote anywhere in Collin County including:
Cox Elementary School
Seis Lagos Utility District
Wylie High School
Wylie Municipal Complex
Murphy Municipal Complex
First Baptist Church-Lavon

Submitted by WISD