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Citizens committee backs $60 million bond; finance staff says tax rate would not rise
Summary
A citizens advisory committee recommended the San Felipe-Del Rio CISD board seek a $60 million bond to fund prioritized facility projects. District finance staff told trustees the district's I&S tax rate would remain at 18.77 cents under the proposed plan.
SAN FELIPE DEL RIO, Texas — A citizens advisory committee recommended the San Felipe-Del Rio Consolidated Independent School District seek a $60 million bond referendum to fund prioritized facilities projects, and district finance officials told the school board the district could issue the bonds without raising its I&S (interest and sinking) tax rate.
The committee, which toured campuses and reviewed financial analysis, ranked renovation of the Del Rio Freshman Campus as its top priority, followed by district-wide air-conditioning renovations, a new brick-and-mortar campus for RBB (Robert Perera Elementary), renovation of San Felipe Memorial Middle School, renovation of Buena Vista Elementary and replacing Garfield with a new elementary campus. The committee’s recommendation was presented by Sandra Hernandez.
The bond plan presented…
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