DSISD's May 2023 Bond Is $17.6 Million and 8.4% More Expensive Than Last November's Package On a Project Basis!
That's RIght! An Over EIGHT PERCENT (8%) PRICE HIKE in Just SIX (6) MONTHS Time!
And Don't Be Fooled By the Removal of High School #2's CONSTRUCTION Costs from this ALL-OR-NOTHING Bond Package—DSISD is including High School #2's $10.5 million in DESIGN Costs, so if this Bond is voter-approved, then that high-priced and harmful High School #2 our community rejected just last November will be inevitable!
Additionally, DSISD, in their bond planning public School Board meetings as well as the May 2023 Bond Presentation, also shamelessly detail how nearly all of the items they removed from this May's Bond Package are now being paid for with other DSISD funds instead of again asking for voter-approval, such as using fund balances (our hard-earned tax dollars that they've been unnecessarily and inappropriately hoarding) or using leases instead of outright purchases, despite our community having told them we were unwilling pay for these items with our hard-earned tax dollars last November!
Our community deserves better than a school district that behaves like a spoiled and petulant child, especially since we are entrusting them to set-the-example in educating our community's children! Unfortunately and disappointingly, that doesn't appear to be the case in regards to this May's Bond, due to DSISD officials' own disrespectful and shameful actions.
Don't believe us?
Here it is, from DSISD's presentation comparing this May's Bond to last November's:
"May 2023 Key Differences:
- Includes design only for HS#2
- Reduced the total package amount by removing funds to construct HS#2
- Eliminated Prop C and other items by utilizing leases and fund balance"
Now, let's dig into the projects and each of their price changes below!
REMEMBER: these prices are just for debt principal, and do not account for debt interest (cost+interest) that these expenditures will incur, a total debt burden to be imposed on and paid by our community's hardworking taxpayers.
No Change—Remains $15,000,000
Increased by $1.4 million and 7.8%, from $17,448,750 to $18,812,650
Increased by $2.8 million and 7.9%, from $35,169,580 to $37,943,146
Increased by $434 thousand and 7.8%, from $5,558,900 to $5,992,540
Increased by $15 thousand and 7.6%, from $194,800 to $209,584
Increased by $15 thousand and 7.6%, from $194,800 to $209,584
Increased by $101 thousdand and 7.9%, from $1,280,000 to $1,380,800
Decreased by $50 thousand and 32.3%, from $155,000 to $105,000
Note: number of valves are not specified, so reason for decrease is uncertain.
Increased by $2.7 million and 19.0%, from $13,989,906 to $16,652,986
Increased by $134 thousand and 22.1%, from $605,000 to $738,740
Increased by $150 thousand and 8.0%, from $1,878,281 to $2,028,543
Note: DSISD removed "growth" buses from this bond proposition, but indicated during public bond planning meetings that these buses would be paid for with other funds.
Decreased by $16 thousand and 1.4%, from $1,130,000 to $1,113,881
Note: reason for decrease is uncertain.
No Change—Remains $1,264,000
Decreased by $86 thousand and 3.5%, from $2,438,931 to $2,352,681
Note: Reason for decrease is likely the use of "fund balance"/other fund sources; however, we are not certain.
November 2022 Bond Package Project Prices: https://meetings.boardbook.org/Documents/WebViewer/634?file=f817e8d2-5b09-4811-a678-b555ad3835a4
November 2022 HS #2 Design Cost: https://meetings.boardbook.org/Documents/WebViewer/634?file=2a9701ae-6c48-4db1-a03f-98870a589b08
DSISD May 2023 Bond Presentation: https://docs.google.com/presentation/d/10CPNYpmBegwEd7tbpof2EDPxcSGwZRhs-eawnff00Ew/edit#slide=id.g21f978bb486_0_43
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