Here is a press release from the Communications Department for Katy Independent School District regarding the $748 million bond package that has been recommended by the Katy ISD Bond Committee:

July 21, 2014

It was standing room only tonight at the Board of Trustees Work Study Meeting as more than a hundred community members attended to support the Katy ISD Bond Committee’s presentation recommending a $748 million bond package to include new campuses and student activity facilities, district-wide renovations, technology retrofits, and safety and security updates, among other items.

“Katy is a magnet for families from all over the nation because of its successful schools, communities and businesses.  We know this area is going to continue growing and with it, the District too,” said Katy ISD Bond Committee Chair Keith Carmichael.  “Managing growth and planning for the future is a priority we cannot underestimate or ignore, and this Bond Committee recognizes this.”

For nearly four months, more than 200 Katy parents, seniors, students and other residents came together to form the Bond Committee to review more than a hundred projects, study the District’s Long-Range Facilities Plan, assess enrollment projections and even tour campuses currently slated for renovation to determine the District’s current and future needs.

On July 16, the Committee reached a consensus on a $748 million bond which could potentially result in a one cent tax rate increase.

The Board of Trustees will have until August 18 to consider the Bond Committee’s recommendation, as well as call for a November 4, 2014 bond election, if approved.

Bond Committee Chair Keith Carmichael, Katy ISD Board President Bryan Michalsky and Superintendent Frailey will address questions from media regarding the proposed bond package on Tuesday, July 22 during the Media Roundtable from 2:30 – 3:30 pm at the Katy ISD Education Support Complex (6301 S. Stadium Lane).

For more information, visit www.katyisd.org/sites/bonds.