Bond Stakeholder Committee
This webpage is designed to provide all stakeholders with information relating to the following: 1) Long-Range Facility Plan and 2) Bond Stakeholder Committee Plan.
The school district recently completed a 12-month process that encompassed the completion of a facility condition assessment for all school buildings and a long-range facility plan that comprises of capital improvement projects that are commonly paid for through a passed bond election.
The dollar bill illustrates how each dollar leveraged through the Interest & Sinking (I&S) Fund generates revenue for the purpose of ONLY paying principal and interest bond obligation payments. Each dollar leveraged in a bond, $0.89 cents is supported by the business, commercial, and industrial sectors of G-PISD’s Tax Base. Residents subsidize the remaining $0.11 cents. This opportunity is possible without increasing the total Tax-Rate for G-PISD.
G-PISD partnered with Cooperative Strategies, widely-renown experts for school facility planning in Texas, to analyze our existing facilities and make recommendations with the involvement of a G-P community-based Facilities Steering Committee.
Please CLICK HERE, or below, to access the findings from our Facilities Master Plan as presented to our School Board in February 2022. Please also keep in mind that our Board of Trustees and Superintendent are thoroughly reviewing this report, and a final plan with next steps for the district have yet to be fully determined. Thank you!