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Superintendent outlines bond history and tax-rate outlook as district begins long-range planning
Summary
Superintendent Dr. Rivera reviewed Weslaco ISD's bond history, presented the district tax rate (0.94810) and previewed a three-phase planning process for potential future bond projects and land acquisition.
Superintendent Dr. Rivera delivered a slide presentation tracing past bond elections and the district's current tax rate, and urged the board and community to begin a multi-phase planning process for future facilities. Rivera said the district's total tax rate is "0.94810," described the recently passed $160,000,000 2024 bond and said the district will consider refinancing when market rates drop and will continue to seek state assistance on bond projects.
Rivera detailed prior bond elections and outstanding debt on several projects and said planned work could include a new high school, elementary additions and specialized academies. He cautioned that enrollment shifts tied to vouchers and virtual schooling could affect staffing and revenue and said partial rezoning and interdistrict transfer reviews are under consideration. "So we have a vision ... what we're gonna do, we're gonna get input from everyone," Rivera said, describing community engagement steps.
Trustees asked for a workshop on long-term M&O/I&S strategies to avoid abrupt tax increases if compression continues; the superintendent agreed to follow up with staff to schedule further presentations.
