Property tax increase sought
The Ellis County Press
WAXAHACHIE – Registered voters and residents of Waxahachie have the option to dive into their pocketbooks Saturday, May 8 for a tax increase totaling 6.9 cents if the two propositions for Waxahachie Independent School District’s bond passes.
Last November, the district’s architectural firm conducted a detailed assessment of Waxa-hachie High School, the Ninth Grade Academy, Lumpkins Stadium and other district athletic facilities while also consolidating lists from each campus in the district for requested renovation projects.
In reviewing the campus lists, facility assessment and master plan, the board called a 2-proposition bond election totaling $28,120,000.
The first proposition includes improvements to the softball field at the high school, renovations to Richards Park, the district’s baseball complex and renovations and expansions to Lumpkins Stadium.
The proposed projects at Lumpkins Stadium will address safety and handicap accessibility, increase the seating capacity from 7,500 to 10,000 seats and provide updates to the facility in order to extend its lifecycle by an estimated 50+ years costing $22,175,000 with a tax increase of 4.4 cents per assessed value.
Proposition two focuses on campus renovations to 11 of the district’s 13 school facilities totaling $5,945,000 with a tax increase of 2.5 cents per assessed value.
If each pass, the average taxpayer with a home valued at $150,000 will pay an additional $103.50 in taxes per year.
In 2006, the school district passed a bond for $59.25 million increasing taxes to homeowners eight cents per $100 valuation.
According to school officials and the Waxahachie bond Web site www.waxahachie isdbond.com , the district anticipates calling a future bond election in 2013 for the large-scale renovation and expansion projects laid out in the Master Plan for Waxahachie High School and the Ninth Grade Academy.
In addition to the eight cents voters are paying currently, if the other two bonds pass, taxpayers will see an increase to their total taxes by 14.9 cents.
Waxahachie ISD is $262,584,798 in total bond debt according to the Texas bond review board.
Voting will take place Saturday, May 8 at Marvin Elementary School located at 110 Brown Street from 7 a.m.-7 p.m.