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  2003 Basic Bond Issue Facts
Election Overview:

On June 10, 2003, the Pearland Independent School District Board of Trustees called a bond referendum for September 27, 2003 in the amount of $37,165,000. This bond issue is the next step in a ten-year demographic trend study and facilities construction plan. It is the result of eleven months of planning, including nine special sessions of the Board of Trustees. Hundreds of hours and many stakeholders have been involved in studying the needs of the district and in preparing information on the proposed projects for Pearland ISD.

Overview of Proposed Projects:

1. Junior High # 4 $22,563,288.00 Construction to begin Jan. 2007
2. Technology (includes mobile computer labs,
Career and Technology Education and video technology)

$ 2,000,000.00
Complete

3. Facility upgrades (Includes work at Shadycrest,
Rustic Oak, PJH West, Carleston, PJH East, Jamison
PHS, Transportation, kitchen upgrades, and security
lighting)
$12,601,712.00 Complete

Total
$37,165,000.00  


Funding Overview:

Based on taxable values of the district and the anticipated needs to be addressed in the upcoming bond election, the district is confident that NO tax increase will be necessary for this bond issue.

PowerPoint Presentation For more details

Unofficial results as of 9/27/2003 9:15PM
PROPOSITION
The issuance of $37,165,000 schoolhouse bonds and entering into any credit agreement related thereto and the levying of a tax in payment thereof.

FOR: 1,720 71.40%
AGAINST: 689 28.60%

 

Pearland ISD, P.O. Box 7, 2337 North Galveston, Pearland, Texas 77581 ~ 281.485.3203                        Pearland ISD Home
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