A draft of the potential $426 million bond ballot language will be presented to the Killeen Independent School District board of trustees at the regular meeting tonight.
Representatives of the law firm Andrews Kurth Kenyon LLP and RBC Capital Markets will discuss the language for calling a bond election for May 5 and a tax rate analysis.
Those owning a home in the district with an assessed value of $150,000 with a homestead exemption would see a yearly property tax increase of about $169.
The board is scheduled to vote on whether to call the bond election at its Feb. 13 meeting.
Also today, the KISD board will hold a public hearing of a number of annual reports, including:
The Texas Academic Performance Report, which provides information on the performance of students in each school and districts in Texas every year.
The Texas Higher Education Coordinating Board report, which provides student performance information on students who graduate from our district and enter a Texas public college or university.
The Public Education Information Management System Financial Standard Report, which provides actual financial information from fiscal year 2016.
A locally-generated report on violent and criminal incidents in the school district will be part of the public hearing.
The meeting will begin at 4:30 p.m. at the administration building, 200 N. W.S. Young Drive. The board will immediately adjourn into closed session to discuss settlement of litigation and a parent grievance. The regular meeting will commence at 6 p.m.