Development & Input

2. Development & Input • Board of Trustees - Reviewed and prioritized the needs from previous MISD facility assessment and programmatic changes in curricular and extracurricular areas • Community Advisory Committee - Represented the community in the bond planning process • District Administration – Served in advisory (non-voting) role to Board and CAC

3. Factors Considered to Call for Bond • Needs Assessment • Projects from 2007 study not addressed in 2008 bond • Current needs due to age, wear and tear • Transportation • No recent bus purchases due to state budget cuts • Decision not to stagger school start times • Reduce average age of buses • Needs for trip and special education buses • Student Enrollment Growth & Participation • 2008 MHS expansion was primarily classroom space • Extracurricular & Fine Arts participation increases • Timing due to Current Economic & Financial Climate • Debt situation - low interest rates, early payoff • Chapter 41 district “Robin Hood” Fine Arts 50% MHS 73% MMS Athletics 40% MHS 57% MMS

4. Budget Impact without Bond Funding *Technology includes calculation of additional cost to replace 3,200 computers on a 4-5 year rotation over the annual cost to maintain VDI.

5. Student Growth Additional demographic study information is available at www.midwayisd.org

6. Types of Tax Rates Maintenance & operations (aka M&O) Interest & Sinking (aka debt service; i&S) $0.28 Used to pay off debt Not subject to Chapter 41 Cannot be used for salaries • $1.04 • For salaries • For furniture and supplies • For utilities, gas, food Bonds only affect I&S

7. Taxable Assessed Value History

8. Midway ISDGeneral Obligation Debt Analysis

9. Tax Rate History & Projection

10. Peer Tax Rate & Debt Comparison

11. Local Tax Rate Comparison *These districts have called for May 2013 bond elections with the published rate above. All districts' official tax rates are set in August.

12. FAQ: Could Tax Rate Decrease? • $0.28 I&S = $560 per year ($47 per month) • $0.25 I&S = $500 per year ($42 per month) • $60 savings per year = $5 savings per month $200K

13. MISD Bond History 1961 $225,000 - Build high school 1965 $185,000 - Four elem classrooms & HS vocational rooms 1971 $250,000 – HS & jr high renovations 1973 – July & Sept $1,000,000 - new elementary school (FAILED) 1956 $85,000 - Build first elem school 1999 $51,000,000 - Build MHS; Woodway Elem 1958 $70,000 - Add elem classrooms 1984 $6,500,000 - Build Spring Valley Elem; HS improvements 1968 2008 1950 $575,000 - Add A/C to buildings & jr high additions $75,800,000Build Castleman Creek Elem; River Valley Intermediate; Renovate Panther Stadium; Build Admin Building; Renovate Support Services; Renovate old admin for Alternative Campus & Ag Barn $150,000 - Build first Midway ISD school 1988 $7,350,000 - Build South Bosque Elem; other improvements 1974 $3,400,000 - New HS (current MMS) & PE building 1960 $60,000 - Add HS classrooms & cafeteria 1992 $15,000,000 - Build Midway Intermediate (Woodgate); PAC addition 1977 1962 $3,500,000 - Build Hewitt Elem; 19 HS classrooms $325,000 - Added HS gym, band hall, cafeteria & classrooms 2013 $34,500,000 – Technology, Transportation, Fine Arts & Athletics (PROPOSED) 1950 1958 1966 1974 1982 1990 1998 2006

14. 2013 Bond Projects Maintenance HVAC, Boilers & Energy Roofing Flooring & Halls Windows & Doors Parking & Canopies Renovations Transportation Regular Route Buses Special Education Buses Trip Buses Vehicles Technology 1-t0-1 Virtual Desktop Infrastructure Storage & Equipment Fine Arts & Extracurriculars Equipment Facilities Proposed Bond Projects

15. Maintenance $4,494,807 2013 Bond Projects SPEEGLEVILLE Maintenance HVAC, Boilers & Energy Roofing Flooring & Halls Windows & Doors Parking Canopies Renovations Transportation Regular Route Buses Special Education Buses Trip Buses Vehicles Technology 1-t0-1 Virtual Desktop Infrastructure Storage & Equipment Fine Arts & Extracurriculars Equipment Facilities SPRING VALLEY WOODGATE HEWITT MIDDLE SCHOOL WOODWAY HIGH SCHOOL SPRING VALLEY

16. Transportation $3,014,000 2013 Bond Projects +11 Maintenance HVAC, Boilers & Energy Roofing Flooring & Halls Windows & Doors Parking & Canopies Renovations Transportation Regular Route Buses Special Education Buses Trip Buses Vehicles Technology 1-t0-1 Virtual Desktop Infrastructure Storage & Equipment Fine Arts & Extracurriculars Equipment Facilities +10 +9 +2

17. $10,383,789 Technology 2013 Bond Projects Maintenance HVAC, Boilers & Energy Roofing Flooring & Halls Windows & Doors Parking & Canopies Renovations Transportation Regular Route Buses Special Education Buses Trip Buses Vehicles Technology 1-t0-1 Virtual Desktop Infrastructure Storage & Equipment Fine Arts & Extracurriculars Equipment Facilities

18. Extracurricular Expansion $16,600,605 2013 Bond Projects Maintenance HVAC, Boilers & Energy Roofing Flooring & Halls Windows & Doors Parking & Canopies Renovations Transportation Regular Route Buses Special Education Buses Trip Buses Vehicles Technology 1-t0-1 Virtual Desktop Infrastructure Storage & Equipment Fine Arts & Extracurriculars Equipment Facilities & Storage

19. 2013 Bond Summary Maintenance $4,494,807 Transportation $3,014,000 Technology $10,383,789 Fine Arts & Extracurriculars $16,600,605 TOTAL $34,493,201

20. Bond Voting Info Total of proposed bond is $34,493,201 Voter registration deadline is April 11 Early voting is weekdays April 29 – May 3 Election day is Saturday, May 11 Polling places include City of Hewitt and City of Woodway Schedule of temporary rotating polling places & evening hours at midwayisd.org

21. Bond Voting Info www.MidwayISD.org