The Leander Chamber Board of Directors has expressed their support of the Leander Independent School District’s $454.4 million bond package.
The bond proposal, if approved by voters, will allow the Leander school district to construct four new schools, improve safety and security, and funding for the district’s future projected growth. Since Leander’s last bond election in 2007, the district grew by 11,828 students. The school district is expected to grow by 1,200 new students annually.
The proposed bond should not increase the current tax rate and is based upon conservative growth projections. Property taxes will remain steady at $1.51 per $100 valuation and are frozen for qualifying residents ages 65 and older who have filed a homestead exemption.
The Leander Chamber Board of Directors supported the bond based on the following criteria:
- Improvements without tax rate increase: The bond proposal will authorize the Leander Independent school district to borrow $454.4 million to build additional schools, make improvements to existing campuses, and enhance safety of new and existing facilities while maintaining the existing bond tax rate.
- Economic Impact & Future growth: The Leander school board approved the construction of four new schools and funding to plan for projected growth in the immediate future. 16 people move to Leander, TX each day and LISD is often cited as the deciding factor. We believe that continued invest in LISD will strengthen our community as we continue to grow.
- Future Leaders: One of our 4 driving goals at the Leander chamber is to create leaders. LISD has exhibited tremendous success in creating leaders in our community. The bond projects list provides for enhanced leadership opportunities including CTE (Career & Technology Education) opportunities for students which our board believes will provide more paths to success in Leander for both our students and our businesses.
The bond election will be held November 7. For a complete list of projects, click here.