Released by Maya Bethany with Lindale ISD:
LINDALE, TX - Voting for the Lindale ISD school bond election will be held, Tuesday, November 3.
The main polling place is the Lindale Masonic Lodge located at 200 Margaret Street. The Lodge will be open for voting from 7:00 a.m.-7:00 p.m.
The $42 million bond will include two propositions. The first proposition includes the construction of a new junior high school, additional classrooms at the high school and a new field house at Eagle Stadium. The price of Proposition I is $32,175,000.
Proposition II includes a 1,200 seat auditorium, a new baseball and softball complex, improvements to Eagle Stadium and improvements to the tennis dressing facilities. The price of Proposition II is $10,030,000.
Lindale ISD has received notification from the Texas Education Agency (TEA) that the district has met the eligibility requirements and been approved to designate $6,547,500 in bonded indebtedness under the federal Qualified School Construction Bond (QSCB) Program.
The district will only receive the $6.5 million at zero percent interest if the bond passes. What this means to the school district and tax payers is the bond payments will be less therefore allowing a lower interest and sinking (I/S) tax rate.
An increase of 15 cents to the I/S tax rate is expected for an increase of about $12.50 per month or $2.88 per week per $100,000 of property value. The average home value in Lindale ISD is $130,381.
The Lindale Independent School District's Board of Trustees cited growth as the main reason for calling the bond election. The rate of growth has been 3.35% in the last ten years, and 4.26% in the last seven years. Currently 3,615 students are enrolled in the Lindale ISD, the highest enrollment in the school district's history.
Two campuses, Early Childhood Center and Velma Penny Elementary School exceed capacity/core this school year. In two years, four campuses (Early Childhood Center, Velma Penny Elementary, Lindale Primary School and Lindale High School) will exceed capacity/core. In three years, all six LISD campuses will exceed capacity/core without the addition of classrooms.
A new junior high school would include; at least 28 regular classrooms, four science labs, a computer lab, art, speech, theater arts, journalism and vocational classrooms, a cafetorium, gymnasium, multiple practice and competition floors, multiple band practice rooms, outdoor practice fields, tennis courts and a six lane track.