The tax rate of $1.27 per $100 valuation is the lowest in the district since fiscal year 1993-94. The total tax rate is comprised of the M&O and I&S tax rates.
The total tax rate features money that goes into two funds, one is Maintenance and operations (M&O) and the other Interest and sinking (I&S). M&O is almost twice as much.
The Northwest ISD bond proposal will be broken down into three propositions.
Salaries, classroom supplies, etc. A+
Total tax rate
Buildings, land and capital improvements
Local property taxes
State and federal funding
-14.46% percent change
$1.50
Proposition A: $1,672,193,000 • 4 new elementary schools • 2 replacement elementary schools • 1 new middle school • 1 new high school
Attendance credit (recapture)
New technology devices
$1.40
M&O
I&S
$1.30
$1.2746 FY 2022-23 tax rate
Maintenance and operations (M&O) tax rate: funds teacher and staff salaries, books, supplies, utilities, maintenance, and other daily operational needs
Interest and sinking (I&S) tax rate: provides for payments on the debt that finances the district’s facilities, capital improvements as well as new technology devices
$1.20
$0
• 4 early childhood centers • Agriculture center • New buses • New land
SOURCE: NORTHWEST ISD/COMMUNITY IMPACT
SOURCE: NORTHWEST ISD/COMMUNITY IMPACT
equity and evolving needs are also covered under Proposition A. Accord- ing to the NISD bond website, these projects include enlarging high school cafeterias, upgrading competition gyms and auditoriums, turf and track replacements at Wilson Middle School and Northwest High School’s sub-var- sity field, upgrades to the middle school family kitchen and consumer science kitchen, and replacing class- room furniture. Further spending under Proposi- tion A would be used to upgrade the district’s safety and security, and technology infrastructure. These expenses include safety and security hardware, security cameras, commu- nications systems and cyber security, according to NISD. Proposition B is approximately $300 million, and funding would go toward building new home stadiums at three high schools: Byron Nelson, V.R. Eaton and the district’s proposed fourth high school, according to the NISD bond website. Construction of the fourth high school is included in
Proposition A on the ballot. The $300 million in Proposition B would also fund renovations at Texan Field. Northwest High School would continue to use the NISD stadium as its home stadium for varsity compe- titions, according to the NISD bond website. As the sole stadium in their district, it is shared by all the high schools. NISD stadium infrastructure lifecycle replacements and energy efficiency projects would also be cov- ered under Proposition B, according to the NISD bond website. Proposition C comes in at just under $22 million and would help pay for technology devices for students and teachers. New devices would replace devices that are at the end of their lifecycle and be given to new students based on enrollment growth, accord- ing to NISD. Jack Golden is a parent of three NISD students and a member of the district’s long-range planning com- mittee, or LRPC. To help support the future of the growing student popu- lation, the LRPC was formed to study
than $22 million. According to NISD officials, funds for Proposition A are slated for edu- cational and capital improvement. To accommodate the district’s growth— the bond package provides space for an additional 8,400 students—Propo- sition A includes funding for the con- struction of six new schools: one new high school, one new middle school and four new elementary schools. It also funds replacement schools for Justin Elementary and Prairie View Elementary. Further funding will go toward four early childhood centers, a second agriculture center, land acqui- sition for future schools and new buses. On the capital improvements and renovations side, Proposition A includes relocating the transportation facility and maintenance building, and infrastructure lifecycle replace- ments and efficiency projects, such as replacing roofs and flooring as well as installing LED lighting, according to the NISD bond website. Expenditures when it comes to
Proposition B: $301,555,000
• 3 new football stadiums • Renovations of Texan Field, NISD Stadium at Northwest High School
Proposition C: $21,752,000
• New technology devices for students and teachers
SOURCE: NORTHWEST ISD/COMMUNITY IMPACT
CONTINUED FROM 1
A Northwest ISD website, found at www.nisdtxbond.org/tax-finance, has an interactive slider that shows the exact tax amount based upon the home valuation. Analyzing the pieces The bond is divided into three parts, or propositions: Proposition A is approximately $1.6 billion; Prop- osition B is a little more than $300 million; and Proposition C is just less
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