On behalf of Tulsa Public Schools' 42,000 students, thank you for your support and promotion of the 2010 bond issue.
Your efforts will help to ensure generations of Tulsa children have access to a free, high-quality education and a bright future. Public education would not be possible without friends like you.
Warm Regards,
Keith E. Ballard, Ed.D.
Superintendent of Schools
Bond Oversight Committee Meeting Update 3/24/11 - PDF
Background
During 1994-1995, a 20-year Capital Improvement Plan (CIP) was developed at the request, and with the input, of the Citizen's Bond Development Committee. This plan addressed the needs of the 9 million square feet of space owned and maintained by Tulsa Public Schools (TPS). In September 1998, TPS authorized Matrix Architects, Engineers, and Planners to perform a comprehensive assessment study of the 20 worst facilities as determined by TPS Maintenance. This information was essential in identifying the budget and funding schedules needed to ensure the safety and structural integrity of TPS facilities.
Due to the district's debt retirement schedules, the 2010 bond includes two phases (2010 and 2012) of the CIP WITHOUT RAISING TAXES.
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Bond Forum PowerPoint Presentation (45MB)
The average age of TPS’s school buildings is 51 years, with 95 percent of the structures being 31 years or older. The 20-year plan has helped to address the following major areas of concern...
Education Service Center Expansion
The Education Service Center expansion is funded through the 2005 Bond sale and is required to improve the building's life, safety and design by meeting city codes relative to emergency egress from the building. The cost of the project is $3, 640,319 and was approved in the 2005 referendum.
This project have been completed.
During the 1994-95 school year, a Citizens’ Bond Development Committee came up with a 20-year capital improvement plan for Tulsa Public Schools. Based upon an exhaustive study into the district’s 92 educational buildings, the committee identified the budget and funding schedules necessary to ensure the safety and structural integrity of TPS facilities.
During the 1994-95 school year, a Citizens’ Bond Development Committee came up with a 20-year capital improvement plan for Tulsa Public Schools. Based upon an exhaustive study into the district’s 92 educational buildings, the committee identified the budget and funding schedules necessary to ensure the safety and structural integrity of TPS facilities.
Hale
Edison (Middle and High)
Carver
Gilcrease
Cherokee
Marshall
Sequoyah
Skelly
Springdale
Whitman
Wright
During the 1994-95 school year, a Citizens’ Bond Development Committee came up with a 20-year capital improvement plan for Tulsa Public Schools. Based upon an exhaustive study into the district’s 92 educational buildings, the committee identified the budget and funding schedules necessary to ensure the safety and structural integrity of TPS facilities.
Ratio increased from one computer per classroom to one computer for every five students
$500,000 air conditioning
$150,000 elevator (per Americans with Disabilities Act)
Heating and air conditioning
Plumbing
Auditorium repair
$164,000 auditorium remodel
Gymnasium upgrade (including air conditioning unit)
East Central Sports Complex
During the 1994-95 school year, a Citizens’ Bond Development Committee came up with a 20-year capital improvement plan for Tulsa Public Schools. Based upon an exhaustive study into the district’s 92 educational buildings, the committee identified the budget and funding schedules necessary to ensure the safety and structural integrity of TPS facilities.
What is a school bond?
A school bond, sometimes called a municipal bond, is a document that obligates the school district to repay borrowed money on a given maturity date and to pay interest semiannually at a rate set at the date of sale to the bondholder.
What are bonds used for?
Bond funds can be used to pay for new buildings, additions and renovations to existing facilities, purchasing land, and equipment for new or existing buildings.
Bond funds cannot be used for personnel or operating costs. By law, bond money can only be used for new facility construction, facility renovation, technology, buses and major capital improvements.
Why is passage of bond propositions important to TPS?
The district's general fund is for salaries, utilities and other recurring operation expenses. It is by issuing bonds that TPS is able to pay for capital expenditures such as textbooks, instructional technology, equipment and construction. That is why you see those items on bond propositions. Without bond propositions the district would have to tap into its general fund to pay for the facilities and instructional tools our children need, leaving little money to hire teachers or conduct daily operations.
Briefly tell me about the history of TPS' bond(s)?
During the 1994-95 school year, a Citizens’ Bond Development Committee came up with a 20-year capital improvement plan for Tulsa Public Schools. Based upon an exhaustive study into the district’s 92 educational buildings, the committee identified the budget and funding schedules necessary to ensure the safety and structural integrity of TPS facilities.
The average age of TPS’s school buildings is 51 years, with 95 percent of the structures being 31 years or older. The 20-year plan has helped to address the following major areas of concern:
Since 1995, voters have approved four bond packages that helped to fund $400 million in capital improvements:
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