Just days before voting begins on the Austin school district’s $892 million bond proposal, architects were still scrambling to fine-tune cost estimates — work that is usually completed before the school board decides to put a bond package on the ballot.
The architects have spotted wide variances between preliminary estimates and costs on several projects, documents obtained by the American-Statesman show. New outdoor restrooms and concession storerooms, for example, are budgeted to be installed at all high schools for $10 million but could cost closer to $2 million. Indoor bleachers are budgeted at some high schools for $591,446, far more than the $77,511 it cost to replace bleachers at Travis High School.
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Estimated effect on property taxes
Proposition / Amount / Tax rate per $100 / for a $100,000 home / for a $200,000 home / for a $300,000 home / for a $400,000 home
Prop. 1 / $140.6 million / $0.0055 / $5.50 / $11 / $16.50 / $22
Prop. 2 / $234 million / $0.0092 / $9.20 / $18.40 / $27.60 / $36.80
Prop. 3 / $349.2 million / $0.0137 / $13.70 / $27.40 / $41.40 / $54.80
Prop. 4 / $168.6 million / $0.0066 / $6.60 / $13.20 / $19.80 / $26.40
If all 4 pass / $892.2 million / $0.0350 / $35 / $70 / $105 / $140
For more information on the proposed bond package, visit www.austinisd.org/bond.
Early voting begins Monday
Early voting begins Monday for the May 11 elections that include propositions and school district and city council races. Early voting ends May 7. For more information and in-depth coverage of Central Texas ballot items, visit the American-Statesman’s election page at statesman.com/news/elections.
If the bond package is approved in its entirety, the owner of an average-value home, currently $244,534 after exemptions, would pay $3,123, an increase of about $86 annually. The overall 2013-14 tax rate would total $1.277 per $100 of assessed value, with $1.079 for operations and 19.8 cents for debt service, an increase of about 3.5 cents.
CORRECTION: This story has been updated to correct how the school district budgets construction projects.