Bond Election Order
Voter Registration Card
Resources:
Godley ISD
Huckabee
Frequently Asked Questions
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What are the growth trends for Godley ISD?
Godley Independent School District
21 Years of Growth
Years
Enrollment
Increase
1987-1988
673
1988-1989
681
8
1989-1990
641
-40
1990-1991
650
9
1991-1992
667
17
1992-1993
704
37
1993-1994
760
56
1994-1995
828
68
1995-1996
798
-30
1996-1997
870
72
1997-1998
984
114
1998-1999
1111
127
1999-2000
1197
86
2000-2001
1283
86
2001-2002
1315
32
2002-2003
1343
28
2003-2004
1347
4
2004-2005
1312
-35
2005-2006
1394
82
2006-2007
1475
81
2007-2008 (4/12/2008)
1499
24
Total Growth over 21 years
826 students
Exactly how much is the District asking for?
The District is asking for $27,780,000 for the construction and renovation of the proposed projects. This cost includes construction, architectural and engineering fees, furniture, fixtures equipment, and technology.What is a bond?
A school bond is similar to a home mortgage. It is a contract to repay borrowed money with a low-cost interest rate over time. Bonds are sold by a school district to competing lenders to raise funds to pay for the costs of construction, renovations and equipment. Most school districts in Texas utilize bonds to finance renovations and new facilities.How was the bond package developed?
The District hired an educational architect in 2007 to conduct a capacity study and facility assessment of current district facilities. Based on the findings of those reports, the Board prioritized and created a list of projects to be included in the bond referendum.How much does this mean to me as a tax payer?
The total GISD tax rate, if the bond is approved, is projected to be $1.08— a maximum increase of 5 cents. The chart illustrates the potential tax impact paid by home owners.
What are the historical tax rates of GISD?
From 2004/05 to 2007/08, the GISD tax rate has gone down 57 cents. The proposed bond election will raise the tax rate by a maximum of 5 cents. The graph below illustrates this.
How is the tax rate configured?
A school district’s tax rate is comprised of two tax rates: the Maintenance & Operations tax (M&O) and the Interest & Sinking tax (I&S). The M&O rate is used to operate the school district, including salaries, utilities, furniture, supplies, food, gas, etc. The I&S rate is used to pay off school construction bonds. Bond sales only affect the I&S rate.What are the current tax rates of school districts in our area?
Joshua $1.460 Aledo $1.390 Alvarado $1.410 Rio Vista $1.180 Crowley $1.410 Venus $1.180 Cleburne $1.237 Grandview $1.115 Burleson $1.405 Godley $1.032 (increases to $1.08 with bond passage)
