The efficient management of the BISD’s existing bond debt over the last six years has allowed the District to refinance more than $142.2 million of its outstanding bonds at a lower interest rate, saving taxpayers $18,360,986 in future interest costs. The District has also prepaid approximately $16.3 million of its bonds prior to scheduled maturity, saving an additional $11,102,560 for taxpayers. BISD will continue to carefully monitor its bond debt and related interest rates in an effort to save taxpayers additional dollars in the future.

The District repays its bonds on an annual basis over a period of 25 years or less, while structuring its annual bond payments to decline over time creating additional bonding capacity for future bond proposals. Furthermore, the District repays its bonds based upon the useful life of the assets for which the District is financing. As an example, BISD repays bonds issued for new school buildings over a 25-year period, but repays bonds issued for technology and other short-term assets over a period of 3 to 10 years.

Birdville ISD will have the ability to sell these additional bonds with NO school tax rate increase due to bond prepayments and the refinancing of current bonds at lower interest rates.

The safety of our students and staff remains a top priority in Birdville ISD. District staff work diligently to maintain safe and secure facilities. What has been added/replaced in the past 48 months?

• Front door buzzer systems installed at all K–8 schools
• Obsolete security cameras replaced
• Card readers added to more than 92 doors throughout BISD
• Obsolete security video recorders replaced
• Security for Fine Arts/Athletics Complex
• Lighting and camera projects throughout BISD

The 2018 final bond proposal includes:

Providing enhanced security at all proposed rebuilt campuses

Provides safety vestibules at:

• North Oaks Middle
• North Ridge Middle
• Smithfield Middle
• Watauga Middle
• Academy at C.F. Thomas Elem.
• Foster Village Elementary
• Francisco Elementary
• Green Valley Elementary
• Hardeman Elementary
• Holiday Heights Elementary
• Mullendore Elementary
• North Ridge Elementary
• Porter Elementary
• Snow Heights Elementary
• Spicer Elementary

Provides intercom/communication systems to enhance safety on all campuses

Addition of lockdown buttons on all campuses

Birdville ISD voters are being asked to consider a bond proposal for the Nov. 6, 2018 ballot totaling $252.8 million. The board of trustees unanimously called for the bond following the recommendation of the 2018 Bond Planning Committee. The final proposal addresses replacing five campuses with four (Haltom Middle School, Richland Middle School, Smithfield Elementary School and Major Cheney Elementary/Richland Elementary [Partner School]), safety and security enhancements at every campus, renovations at Smithfield Middle School and Haltom High School, and critical repair/ renovation needs requiring action in the next three years and technology upgrades districtwide.

• Under the proposal, all campuses in the District will receive additional safety and security measures and technology.

Bond Highlights

Rebuild Haltom Middle School

• Opened in 1956
• Eliminates 20 portable classrooms
• Provides additional classroom and support space
• Total estimated cost to complete deferred maintenance projects for the building is more than 87 percent of what it would cost to rebuild the campus

Rebuild Richland Middle School

• Opened in 1956
• Eliminates 18 portable classrooms
• Provides additional classroom and support space
• Total estimated cost to complete deferred maintenance projects for the building is more than 83 percent of what it would cost to rebuild the campus

Rebuild Smithfield Elementary

• Opened in 1954
• Eliminates four portable classrooms
• Provides additional classroom and support space
• Total estimated cost to complete deferred maintenance projects for the building is more than 75 percent of what it would cost to rebuild the campus

Build Partner Elementary School (Cheney/Richland)

• Major Cheney Elementary at South Birdville
  • Opened in 1953
  • Eliminates eight portable classrooms
  • Total estimated cost to complete deferred maintenance projects for the building is more than 74 percent of what it would cost to rebuild the campus
• Richland Elementary
  • Opened in 1953
  • BISD’s smallest elementary school
  • Total estimated cost to complete deferred maintenance projects for the building is more than 59 percent of what it would cost to rebuild the campus

Districtwide Safety/Security Upgrades

Provides enhanced security at all Rebuilt campuses

Provides Intercom/Communication Systems to enhance safety on all campuses

Provides addition of Lockdown buttons on all campuses

Provides a security vestibule at 15 campuses (All rebuilds will have safety vestibules)

• North Oaks Middle
• North Ridge Middle
• Smithfield Middle
• Watauga Middle
• Academy at C.F. Thomas Elem.
• Foster Village Elementary
• Francisco Elementary
• Green Valley Elementary
• Hardeman Elementary
• Holiday Heights Elementary
• Mullendore Elementary
• North Ridge Elementary
• Porter Elementary
• Snow Heights Elementary
• Spicer Elementary

Renovations

• Smithfield Middle School
  • Gym/Emergency Storm Shelter, Locker Rooms, Restrooms
• Haltom High School
  • Classroom Enhancements/Auditorium Renovations

Technology Upgrades at all Facilities

• Replacement of obsolete equipment

• Student/classroom technology upgrades
  • Moves from a 5:1 student-to-technology ratio to a 2:1 student-to-technology ratio
• Teacher/staff technology upgrades
  • Network operations/disaster recovery servers and equipment updated
• Technology Bonds paid off in five years

Repairs and Upgrades

• Heating and Air Conditioning/Roof Replacement

Theater lighting upgrades at Birdville, Haltom and Richland high schools

Visit birdvilleschools.net/bond18 for more information.