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Eanes ISD Bond Program

The Eanes ISD bond program works as part of a comprehensive plan for District facilities and personnel. Bond money and Maintenance and Operations (M&O) money are in two separate buckets, but they work hand-in-hand.

On the M&O side, for every $2 collected from taxpayers, Eanes ISD keeps approximately $0.90. This is because Eanes ISD is categorized by the state as a “property-wealthy” district. As a result, approximately 55 percent of the M&O taxes received by Eanes is taken by the State of Texas under the “Robin Hood” plan for redistribution to other school districts. The remaining 45 percent of M&O money pays for salaries, which in the case of Eanes ISD, comprise approximately 85 percent of the budget.

On the bond side, for every $1 received, Eanes ISD keeps 100 percent. Bond money cannot be used for teacher salaries; however, bond money can be used to pay certain capital expenses that might otherwise be funded from M&O money so that more funds are available for salaries. Bond money is used for capital repairs, buses and technology.

Strategy 3 of the District's Strategic Plan says that “We will promote and support a robust digital-age learning environment to inspire student learning and creativity.” By purchasing new computers and other technology with bond funds instead of M&O funds, M&O funds can be preserved for other uses including teacher salaries.

Please see projects, FAQ's, updates and information on the current and on previous bond programs, listed on the left navigation bar.

Please send feedback or questions to bondinfo@eanesisd.net

 

Los documentos se encuentran disponible en las oficinas del Edificio Central de la Administración del Distrito Escolar de Eanes en Camp Craft Road, número 601, Austin, Texas 78746.  En la red: (www.eanesisd.net) / o al llamar al número de teléfono 512-732-9011.

 

Latest 2011 Bond News and Updates:

     Click here for a complete list of 2011 Bond Updates

Creation Date Title
Feb 17, 2012 10:56 AM File February 21, 2012 BOC Agenda
Jan 23, 2012 11:36 AM Link January 17, 2012 BOC Meeting Audio
Jan 20, 2012 03:14 PM News Item Bond Update: ATS Building Taking Shape
Jan 20, 2012 01:05 PM Collage ATS Update-January 2012
Dec 14, 2011 09:25 AM File November 15, 2011 BOC Minutes
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