Round Rock Chamber Board Unanimously Approves Endorsement of the RRISD $998M Bond Election
The Round Rock Chamber Board of Directors voted and unanimously approved an endorsement of Round Rock ISD’s $998 million bond election during its regular board meeting on September 26.
Round Rock ISD (RRISD) provides K-12 education for over 47,000 students in the City of Round Rock and portions of the City of Austin and the City of Cedar Park, and it is a critical partner to the Round Rock business community in meeting the growing demands for our local workforce.
ABOUT THE BOND:
The Round Rock ISD Board of Trustees approved a $998 million bond election for the November 2024 ballot that, if approved by voters, will provide upgrades and address needs throughout the district. This is the district’s first bond in six years and would allow the district to replace instructional technology, HVAC and other systems that are nearing the end of their useful lives.
The bond consists of 4 different propositions:
- Proposition A: $798.3 million: Life Cycle Equipment Replacements, Campus Improvements & Additions
- Proposition B: $125.3 million: Technology
- Proposition C: $8.6 million: Fine Arts
- Proposition D: $65.9 million: Athletics Facilities & Stadium
Additional information on the bond can be found on the RRISD Bond Program page. The information on this site includes the information on each proposition, including bond projects listed by both campus and by proposition, materials provided to the Board of Trustees for their consideration to call the bond and upcoming community information sessions.
HOW WILL THIS IMPACT TAXES?
From the RRISD’s tax rate page, the tax rates set for RRISD represent the taxes levied per $100 of taxable property value. Taxable property values are determined by both the Travis Central Appraisal District and the Williamson Central Appraisal District and collections of the property tax are administered by the Travis County Assessor-Collector and the Williamson County Tax Assessor-Collector.
RRISD’s total tax rate is comprised of two components:
- The Maintenance and Operations (M&O) tax rate which funds approved maintenance and operating expenses for the year.
- The Interest and Sinking Fund (I&S) rate, sometimes referred to as the Debt Rate, funds the annual debt service requirements on voter authorized tax supported bonds.
At the September 19th Board of Trustees Regular Board meeting, RRISD approved a $0.0259 decrease to their total tax rate to $0.8931 for the 2024-2025 tax year, which makes it one of the lowest tax rates for school districts in the Austin area. Additionally, if the bond is approved the I&S rate is projected to stay the same and eventually decrease over the next 10 years.
VOTING INFORMATION:
The Round Rock Chamber is asking you to consider voting FOR the RRISD Bond Propositions A, B, C and D. Here is a list of key election dates:
- Voter Registration Deadline: October 7
- Early Voting Period: October 21 – November 1
- Election Day: November 5
For more information on the November elections including voter registration, ballot lookups and polling locations, please see the following links:
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