KISD bond steering committee

Matthew Boles of RBC Capital, explains KISD's bonding capacity during the bond steering committee meeting Thursday, Nov. 9, 2017, at East Ward Elementary School.

On Nov. 2, Superintendent John Craft of the Killeen Independent School District, told the bond steering committee, “Think about a bond like a mortgage.”

Craft continued his definition of a bond as an investor loaning money to the school district with interest.

254-501-7568 | jferraro@kdhnews.com

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(10) comments

eyewatchingu

Once again the city send their plants in to tell lie on a chat forum in hopes to make the citizens of Killen look stupid.

Not Happening, we are wiser now and we our the ones paying taxes and will not allow you or any one to take our money any more.

VOTE NO ON THIS BOND. STAND UP BE HEARD.
When you vote no on this bond,
your voting to say we have had enough
You are voting no to gangs in schools
Your voting no to the waste of hard earn money that you worked for
You are voting no to million dollar score boards and a waste of tax payer dollars.

VOTE NO SEND THE MESSAGE LOUD AND CLEAR!!!
No more pretend land

SnowWhiteNthe7Thieves

YOUR KISD propagandist admits to this: "tax rate would jump from $0.07 to $0.17".
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That amounts to 243% tax increase.
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The way the propagandist tells it is deceitful.
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The propagandist speaks about percentages, while I translate that to dollars.
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By the time the graft, corruption, and payoffs occur, very little of that money (if any of that money) will benefit your 1st grader today, much less your 10th grader.
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As with most things in this country today, you're being asked to sponsor ne'er do wells and beggars with your earnings meant to feed your kids and pay your mortgage.

THUGNIFICENT KILLED ME

@Alvin, spot on, sir. Yes, taxes have nothing to do with mortgages. If one obtains a mortgage, one chooses to do so, not forced to do so by some UNELECTED government bureaucrat. Taxes are scams, not investments. Again, if I invest my money in something I CHOOSE to do so, and I expect a return on that investment, or I take my money back. Taxes, no matter what mask they wear, or how much lipstick some unelected bureaucrat puts on the ugly PIG of taxes, its just another money grab, as in scam or con. Say NO to taxes, say YES to you choosing to support something. Let the UNELECTED bureaucrat sell shares in KISD to get those who wish to do so to invest in pie in the sky, greedy paws in your pockets tax scams.

THUGNIFICENT KILLED ME

I don't often vote on bond issues, but when I do vote on bond issues, I always vote NO. We no longer have children of school age, but when we did, our kids attended private schools we paid for out of our money. I'm sure there are many of you who no longer have school age children forced to attend the KISD indoctrination camps. I don't tell anyone what he or she should do.

I'm voting NO to scams, cons, and thefts. I'll keep my money thank you, because Texas state sales taxes, license plate fees, and federal government scams are already robbing me blind. This country sure isn't what it once was, and day by day its becoming unrecognizable.

Alvin

This is the personal comment of this writer.

@ Heights Teacher: Isn't that called 'Job Protection'???? Of course you will back every bond issue, that's called 'Payroll Protection' to be for everything that the Board of Education wants.

Your statement on 'Renters with your plea for again, job protection, I really think it falls on deaf ears. What choice does an individual have, you either own your own home or you rent and the land lord pays the tax because he owns the home. It's a case of 'pay me now or pay me later, but there's a catch:

Copy: 'On Nov. 2, Superintendent John Craft of the Killeen Independent School District, told the bond steering committee, “Think about a bond like a mortgage.”
Craft continued his definition of a bond as an investor loaning money to the school district with interest.' End of copy.

Why do I want to support an organization that seeks refinancing at at higher rate that it just doesn't pay off it's financiers first, but just keeps adding to the enormous debt????

Copy: '@Heights Teacher: I look forward to passage of this pond proposal and the building of new schools in this overcrowded district. And again ten years from now. And again ten years later. And renters, I know that you pay your share of taxes through your monthly rent payments. Your landlords pay the school taxes directly, probably charging you more than what they actually pay themselves.' End of copy.

I will pose a question to you: 'Why does this District wait until they are in a bind and cause overcrowding of schools, and force the closure of schools that they will have to close and sell off, at an enormous loss just to build new schools, at elevated costs????' Your statements about building new schools, overcrowded schools in districts, and renters having to pay their school tax through their landlords, would cause me if I was not already against the raising of money through a tax structure that, in essence, says 'buy high and sell low'. It's not their money that they so flippantly want to spend, it's ours. Each and every time they sell short and increase the indebtedness, we fall further and further behind the proverbial '8' ball.

Well no more of their casualness in 'taking care of of business'. As I have said, ' it's easy to say, 'but it's just a little bit'. I keep thinking about the $1 million dollar score board, as an example. For people who have money, it's just a little bit, for those of us who don't have any money to spare, it can be quite a lot.

This has been the personal opinion of this writer and nothing shall be used, in context or without or changed in any way without first notifying, and receiving explicit approval from this writer.

SnowWhiteNthe7Thieves

Say no to rape, illegal drugs, child abuse, domestic violence, murder, and NEW taxes. I'm glad I don't live in places where the gubmint is greedy & steals your money. Texas used to be great, and the USA was greater. On second thought, the US GUBMINT steals my money, too.

Heights Teacher

(bond proposal)

Heights Teacher

I look forward to passage of this pond proposal and the building of new schools in this overcrowded district. And again ten years from now. And again ten years later. And renters, I know that you pay your share of taxes through your monthly rent payments. Your landlords pay the school taxes directly, probably charging you more than what they actually pay themselves.

Alvin

This is the personal opinion of this writer.

Copy: 'On Nov. 2, Superintendent John Craft of the Killeen Independent School District, told the bond steering committee, “Think about a bond like a mortgage.”
Craft continued his definition of a bond as an investor loaning money to the school district with interest.' End of copy.

Why do I want to support an organization that seeks refinancing at at higher rate that it just doesn't pay off it's financiers first, but just keeps adding to the enormous debt????

It sounds to me that that this is an never ending debt cycle that will continue to grow ever larger.

First, it goes along with the old axiom, 'it takes money to make money'. It's easy for somebody that is well off to ask people, 'for a little bit more'. There ain't any more for people who live on social security, that hasn't increased in 2 or is it it 3 years now. The well has run dry.

But it's easy to say, 'but it's just a little bit'. I keep thinking about the $1 million dollar score board, as an example. For people who have money, it's just a little bit, for those of us who don't have any money to spare, it can be quite a lot.

It all fine and good, and it is a lot like the city administrative group, that throws a lot of numbers and doesn't say squat about just what the money is going to be used for. I think that they call it 'transparency', to hide a bunch of numbers in a smoke screen and then make statements like, 'but we told you where the money went'.

Mo I think I will go with eyewatchingu: on this one. Where is the money going to be spent, for a quality education for the children or for a $1 million dollar football scoreboard that sounds good to a board member.

This has been the personal opinion of this writer and nothing shall be used, in context or without or changed in any way without first notifying, and receiving explicit approval from this writer.
One of the 4.58 % who voted.

eyewatchingu

I as a home owner, tax payer and rate payer will not vote for this. Gas prices are starting to go along with other taxes. This year will be first year I will get a chance to get a tax beak come April, no way in hell am I going to give up what little tax break I get to pay for this.
Most of the kids come from rental properties in our community, it is time we look at the renters to paying their far share of the tax burden in this town.
We keep building low income housing and it is we the middle class home owners that suffer for it. House being built that end up as rental properties and I am the one faced with paying the taxes.

VOTE NO ON THIS BOND, this bond will not help the true citizens of Killeen, the home owners.
Vote no and demand a taxing of Renters. It is not my burden or any other home owners burden to pay for over priced Beverly hill dreams.

They think they are going to rape us middle class home owners and get away with it.

Vote no, send a message that we will no longer pay for over priced pie in the sky dreams, wasteful spending and hiring of people that are not licensed and over paying them.
VOTE NO ON THIS BOND SEND THE MESSAGE!


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