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Stafford officials review comprehensive needs assessment and bond scenarios; public urges putting measure to voters

2245585 · February 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a joint meeting of the Stafford Municipal School District and the City of Stafford, Superintendent Robert Bostic and outside consultants reviewed a comprehensive facilities needs assessment and bond scenarios while residents urged the bodies to let voters decide on funding.

At a joint meeting of the Stafford Municipal School District and the City of Stafford, Superintendent Robert Bostic and outside consultants reviewed a comprehensive needs assessment and several bond-sale scenarios as community members urged the district to seek voter approval for facility funding.

Bostic told attendees, “for the record, you do not have a bond. You don't have a bond at all,” and said the materials being discussed — produced by LAN (facility assessment) and RBC Capital (financing scenarios) — are estimates intended to frame community input. He said the district borrowed about $5,000,000 for emergency post‑hurricane repairs and bus purchases and that the comprehensive list of all projects as presented would total about $246,576,931 if every item were included.

Why this matters: the board and the city must decide whether to place a bond proposition before voters; the consultants presented multiple price points with different tax impacts. One scenario the consultants and staff highlighted was an $80,000,000 package that the district says could be issued with “no additional tax increase.” Larger scenarios discussed would increase the tax rate; presenters cited…

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