Lakeway,TX 78734,USA
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LTISD Bond Presentation at High 5

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LTISD Bond Presentation at High 5

September 27, 2023 @ 6:00 pm - 8:00 pm CDT

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LTISD 2023 Bond
Please start talking to your neighbors about our November election.  Voter turnout will be very low.  There will be no candidate races on the ballot.  We must turnout and tell the District AGAIN to bring us a more fiscally responsible bond proposal.

LTISD Voters:

63% of Voters turned away the $93M Proposition C in the November 2022 election. The new Bond is $143M!!!

58% of eligible registered voters voted on the Propositions. We will need voters to turn out for the re-vote. At the December 2022 Board Meeting, the Board said they needed to “continue the education process” of voters. “They don’t understand…” “I’m pretty confident that 99% of the people that voted didn’t understand…” (Side bar: they had the same general reaction to the Lakeway City Council when they voted down the proposal to build the Sweetwater elementary in Lakeway – topic for a different day, but noted here as a potential habit.)
So the question to the voters for this vote: Were you ignorant when you turned away the $93,799,563 Proposition C which contained the $900K Baseball Concession Stand, $16M Cavalier Stadium Renovations, $1.4M LTHS Athletic Facilities Restroom Renovations, $1.2M Outdoor Golf Amenities, etc., etc.?
They think “we didn’t understand.”
Because THIS bond has $88.7M in EXACT same line items in it (description and $ allocation match 1 for 1).
Another $5.1M are same line items but the cost estimates are either included in the next additive category OR the estimates have gone up (e.g., Baseball Concession $900K in 2022 vs. Baseball Concession Stand and Restrooms and Press Box $1.034M in 2023).
And then $1.2M for Bee Cave Middle School turf, $46.3M more for HS#2 AND Bond Closing costs of ½ Million which they previously collected as part of Prop A in 2022.
Bond Summary: Proposition C $93.8M, plus an additional $1.78M on these items, Bee Cave Middle School turf $1.2M, more HS#2 add-ons of $46.3M and another $500K in Bond Closing Costs.
That’s the upcoming bond proposition. So what say you: Were you uninformed on Prop C and ready to give them a 53% increase in bond money and more tax liability? Or do you just say No and tell them they are the ones needing the education?
It’s OK to Vote No. We deserve a better bond and better fiscal management.

 

 

Details

Date:
September 27, 2023
Time:
6:00 pm - 8:00 pm CDT
Event Categories:
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Venue

HIGH FIVE ARCADE
1502 Ranch Rd 620
Lakeway, TX 78734
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