$508 million will meet critical needs with no impact on tax rate
ROUND ROCK, Texas – The Round Rock Chamber today announced that its board of directors voted to endorse the 2018 bond proposition brought forth by the Round Rock Independent School District (RRISD). The RRISD Board of Trustees unanimously called for a $508.4 million bond election in November to address critical growth and safety needs, as well as a number of deferred maintenance projects, across the district. The bond’s total will not impact the current property tax rate.
“RRISD is a key component in our economic-generation mission, and we must ensure that they are able to address their capital needs in a thoughtful and strategic manner,” said Mike Odom, the chamber’s president and CEO. “They have proven to be an outstanding steward of our tax dollars as evidenced by the fact that they are the only school district in the state of Texas to earn a AAA credit rating by both Moody’s and Fitch. As such, we enthusiastically support this bond proposition.”
RRISD is a highly acclaimed world-class district and recently garnered an overall “A” rating within the new Texas accountability system. RRISD was one of only six districts in the state with a student population over 40,000 to earn the top rating. In addition, RRISD’s Class of 2018 had a college readiness score of 72 percent, which was the highest in the Central Texas area. The district achieved these remarkable accolades even as they continue to grow by approximately 800 students each year.
About the Round Rock Chamber
The Round Rock Chamber is the economic generator for its thriving community. Honored with the 2018 Chamber of the Year Award by the Association of Chamber of Commerce Executives for its work in the Eight Pillars of Economic Generation and for its operational excellence, the chamber is the catalyst for building prosperity in Round Rock. The chamber initiates programs that create a dynamic business climate and improved quality of life through innovative community partnerships and invested business leaders.