Bond 2017 Update: November 2017

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community message
  
The Clear Creek Independent School District’s 2017 Bond Program is well underway, on budget and in some cases, projects have moved up in schedule. In May 2017, this community overwhelmingly authorized the school district to invest $487 million to build or rebuild schools, expand or significantly renovate schools to meet enrollment demands and current learning standards, and improve the safety environment for all students in schools, on the playground and on the road.

At the time of the election, we projected this bond program would increase the tax rate by 3.5 cents based on conservative property value growth projections. For this year, the tax rate will not go up at all due to property values increasing above our initial projections. The tax rate for 2017 remains unchanged at $1.04 for the Maintenance & Operations tax rate and $0.36 for the Interest & Sinking tax rate.

We are monitoring the impact Hurricane and Tropical Storm Harvey is having on the construction market as the recovery efforts may impact the availability of contractors and subcontractors as well as inflationary costs due to demand. The Clear Creek ISD Citizen’s Finance Advisory Committee meets on a regular basis to review the finances of this program as well as the overall fiscal health of the district.

We hope you enjoy this quarterly update titled Bonds to Bricks where we will keep you posted on 2017 bond program progress as well as the finalization of projects from the 2013 bond program.
If you have any questions, please do not hesitate to contact the Clear Creek Independent School District Office of Communications at 281-284-0020 or by email at information@ccisd.net.

 Thank you,

Page Rander, Board President
Greg Smith, Superintendent of Schools



bond overview
On May 6, 2017, the Clear Creek Independent School District community approved the CCISD bond referendum, with 63.59% percent voting for and 36.41% percent against the $487 million bond. The funding will be used to build Florence Campbell Elementary School, the district’s 27th elementary school. The bond funds will also allow for the expansion to several schools, the complete rebuild of League City Elementary and Clear View High School, and much more.

projects_update

Introducing Florence Campbell Elementary: Opens August 2019

Clear Creek ISD’s 27th elementary school will be named Florence Campbell Elementary School. Florence McMahan Campbell, a longtime educator, is the mother of Travis Campbell whose family donated the land on which the campus will be built. The $43 million school will be located along League City Parkway and will accommodate 1,000 students.


campbell elementary

campbell map


Mustangs on the Move...

The League City Elementary rebuild project is on the fast track. The District has revised its phasing plans which will now mean students will get into their new school six months earlier than expected.

The Clear Path Alternative School was vacated over the summer and the program moved to a building in Webster. Students and staff will move to the temporary site beginning in January 2018 so the rebuild of the League City Elementary can begin. Based on this new plan, the new League City Elementary will open in August 2019, along with Florence Campbell Elementary. 



league city es


new playgroundsSafe Places to Play

The first phase of schools started the year off with new playgrounds.

Armand Bayou Elementary
Clear Lake City Elementary
Falcon Pass Elementary 
Hyde Elementary
Landolt Elementary
North Pointe Elementary
Parr Elementary
Ross Elementary 
Ward Elementary
Wedgewood Elementary
Whitcomb Elementary 


bond finances
During the 2017 Clear Creek ISD Bond Program election process, the District anticipated an increase of $0.035 on the interest and sinking tax rate for the year to support the $487 million bond proposal. However, CCISD will not have to increase the tax rate this year to pay debt associated with the bond program due to rising property values.
TAX RATE
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