Nov 2015 Bond Election Results for Fast Growth Districts

Local voters have once again spoken regarding the need for sufficient school facilities in their communities.  All seven fast growth districts that we’ve been tracking were overwhelmingly successful in yesterday’s bond elections and the preliminary results* are below.  Congrats to all of you and please let us know if your school district should be added…

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FGSC Statement on IGR’s interim charge on local debt transparency

FOR IMMEDIATE RELEASE OCTOBER 15, 2015 AUSTIN, TX – On October 12th, 2015, the Senate Committee on Inter-Governmental Relations (“IGR”) established its priorities for the interim following the 84th Texas legislative session.   One of the committee’s charges includes “Debt Transparency in the Voting Booth” which is an ongoing conversation regarding what types of information should…

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Financial Allocation Study of Texas (FAST) and FGSC

The Financial Allocation Study of Texas (FAST) was established in response to House Bill 3 from the 81st legislative session. The bill required the comptroller to “identify school districts and campuses that use resource allocation practices that contribute to high academic achievement and cost-effective operations. In identifying districts and campuses under this section, the comptroller…

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May 2015 School Bond Election Results

Seventy-nine Texas school districts held a bond election on Saturday, May 9th, 2015. Sixty-two of the 79 school bond elections passed for a total of $3,215,487,383. The total amount proposed from these bond elections was $4,495,602,383. There were eight fast growth districts that held bond elections, seven of which passed. These were: Comal ISD passed…

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FGSC in the Dallas Morning News

The Dallas Morning News posted a well-written article today regarding the challenges facing fast growth school districts.  It’s worth a read to better understand the 50-cent debt test and capital appreciation bonds.  The question we have for the Texas Legislature is this:  85,000 new students are enrolling in Texas schools every year.  Will the state…

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Updating the 50-cent Debt Test

House Bill 506 by Rep. Eddie Rodriguez will be heard on the House floor on Wednesday, May 6.  Here’s what people should know about this important bill: The Texas public school system adds 85K new students every year. In 1991, there were only 3 million students. Now, there are 5.2 million students. 80% of all…

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Majority of Conservative Voters Support More School Facilities

In February of 2015, the Fast Growth School Coalition hired an independent polling company to conduct a statewide survey of all likely voters here in Texas.  The responses of Republicans, Conservatives, and Christian Conservative voters are included in this summary document. Of particular interest are the following statements: 71% of Christian Conservative voters agreed that…

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