New palace in Katy?

[Mr. Buddy Garrity]

@KHOU: Katy ISD voters approve bond proposal: KATY, Texas – Voters in Katy ISD approved the nearly ... http://bit.ly/1okdG8r #Houston #HouNews

[kicker]

Question....Im not an expert on Bonds but how can one at $750mil not raise taxes??

[Mr. Buddy Garrity]

Great question

[dayton]

Question....Im not an expert on Bonds but how can one at $750mil not raise taxes??

I think it's just reallocation of the current taxes....

[Bigdog]

"According to the district, about 3,000 new students arrive each year and the changes are critical."  That's probably why, the extra money from the state for the students.

[dayton]

"According to the district, about 3,000 new students arrive each year and the changes are critical." That's probably why, the extra money from the state for the students.

good point. new students probably equals new taxpayers as well I suppose...

[Peppermint Patty]

Many districts will raise your taxes in ANTICIPATION of selling bonds. Katy knew they would get the issue passed once they changed some issues with the previous bond package.

 

So they can say the bonds will not raise taxes because they have already been raised.

[Bigdog]

Many districts will raise your taxes in ANTICIPATION of selling bonds. Katy knew they would get the issue passed once they changed some issues with the previous bond package.

 

So they can say the bonds will not raise taxes because they have already been raised.

 

Believe me, they are high enough already.  The state caps the maximum amount of taxes a district can levy at 1.55 per thousand, and I am pretty sure that Katy is maxed out.

[Peppermint Patty]

http://www.katyisd.org/dept/bf/Pages/TaxRate.aspx

[pe2009]

In two years Katy will be bigger than the city of Pittsburg. It's not the one horse town it used to be and many still think it is. HS #8 is on the way and several kids now are sitting in portable units outside of the HS...this was needed. Animosity between the North and South sides of I-10 kept it from passing the first time.

[SFA85]

The city of Katy is only 16K.  But KISD is big with the completion of the Grand Parkway from I-10 north to 290 along with the 3K of students every year, it's necessary.  Everybody but Humble and LCISD with 5 or more HS has at least 2 stadiums......

[Mr. Buddy Garrity]

The city of Katy is only 16K.  But KISD is big with the completion of the Grand Parkway from I-10 north to 290 along with the 3K of students every year, it's necessary.  Everybody but Humble and LCISD with 5 or more HS has at least 2 stadiums......

you mean 160K?

[BOYS IN BLUE (C.E. KING)]

If porter/new caney can get that beautiful stadium then katy should get what ever stadium they want

[AshlyHasBeen]

you mean 160K?

The actual population of the city of Katy is 14-15,000. The Katy ISD area population is listed as 219,000.

[Mr. Buddy Garrity]

The actual population of the city of Katy is 14-15,000. The Katy ISD area population is listed as 219,000.

wow!

[ncplaya]

If porter/new caney can get that beautiful stadium then katy should get what ever stadium they want

I dont think it was the stadium that had them upset.  It was the price of the stadium.  As nice as NCISD stadium is it was only about 30 million where i hear KISD is spending 58 million

[pe2009]

you mean 160K?

Right now Katy and the "Katy area" is at 297K

 

http://www.houstonchronicle.com/neighborhood/katy/news/article/Official-Katy-will-be-larger-than-the-city-of-5775826.php

[pe2009]

I dont think it was the stadium that had them upset.  It was the price of the stadium.  As nice as NCISD stadium is it was only about 30 million where i hear KISD is spending 58 million

Not the price......location and many wanted it as a seperate bond. Also, costs go up...the longer they waited...the higher the price goes. And again..Animosity towards Katy HS has a LOT to do with it....from having to remove the color "Red" from the KATY ISD logo at midfield at Rhodes stadium...to signs like these around town, The stadium is for 8 HS's...yet opponents are/were calling it a stadium for the Katy Tigers.

[Guest ECBucFan]

I agree with the opponents who made up the sign, but DANG, learn how to spell "lose" not LOOSE!

[pe2009]

I agree with the opponents who made up the sign, but DANG, learn how to spell "lose" not LOOSE!

Some how....voting to add a 2nd stadium for 8 High SChools is "Loosing" to Katy again lol......yet they all complain about Thursday games and Saturday double headers.

[purpleeagle]

One way to not raise taxes is that they may have retired an existing bond of the same value.

[SFA85]

you mean 160K?

Bing or Google City of Katy population.....

[Uncle Pig]

Katy just now passing bond is another example of how far ahead dfw and east Texas are when it comes to facilities. Did I read on here not too long ago about them playing varsity games on Wednesday nights next year? That's not good at all.

[PURPLE 4EVER]

The property value assets in Katy ISD must be TREMENDOUS!!!  Cinco Ranch probably has more taxable property value than the entire city of Detroit.

 

I am sure ALL the new $500,000 plus homes being built are adding to the coffers so the taxes didn't have to be raised.

 

It is just incredible to see all the new neighborhoods on the west side of Houston spring up with houses $400,000 plus being built.  Simply amazing.

[Bigdog]

Not just Cinco Ranch,  but Cross Creek Ranch (where one of the new elementary schools will go)  Firethorne is still building, Willow Creek Farms is still building, and the new Anserra  and Raintree editions opening up.   They already have over 60K students in the district and are projecting over 90K in a few years.

 

 http://www.katyisd.org/sites/bonds/Documents/Package/Projects%20by%20Campus.pdf