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Growth & Economic Development District Map 73 Square miles - - PowerPoint PPT Presentation
Growth & Economic Development District Map 73 Square miles - - PowerPoint PPT Presentation
Growth & Economic Development District Map 73 Square miles Economic Conditions December 2016 EMS ISD H OUSING M ARKET EMS ISD H OUSING M ARKET EMS ISD H OUSING M ARKET Median Price EMS ISD H OUSING M ARKET EMS ISD H OUSING G ROWTH
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Economic Conditions – December 2016
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EMS ISD HOUSING MARKET
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EMS ISD HOUSING MARKET
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EMS ISD HOUSING MARKET – Median Price
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EMS ISD HOUSING MARKET
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EMS ISD HOUSING GROWTH
- As of 4Q16, EMS ISD had more than 3,300 existing home sales and 850 new
home closings in 2016
- Ranked 8th in DFW region for annual new home closings
- EMS ISD has nearly 1,300 lots available to build on, with groundwork
underway on more than 2,300 lots and nearly 22,000 future lots planned
- More land unplatted in northern portions of district
Source: Templeton Demographics
If you build it…
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0.23% Pacific Islander 0.51% American Indian 3.93% Multi-Racial 10.93% Black or African American 37.36% Hispanic 42.83% White 43.36% Economically Disadvantaged
19,577 students
+ 478 from same time last year
4.21% Asian
Demographics – April 2017
2015 2016
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- 15 elementary schools
- 5 middle schools
Newest: Dozier Elementary
- 3 high schools
- 3 specialty campuses: Hafley Development Center,
Watson High School/Alternative Discipline Center, Hollenstein Career and Technology Center
- Future: Purchased land for 1 high school, 2 middle
schools, 2 elementary schools. Need 7 future sites.
26 SCHOOLS & EDUCATION CENTERS
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From now for the next two years:
- 20+ neighborhoods platted or moving dirt
- Represents 4,150+ new homes
- Commercial
development under construction represents 2.6 million square feet
- Middle School #6
- pening fall 2019
EMS ISD HOUSING GROWTH
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EMS ISD Housing Market
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EMS ISD Housing Market
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EMS ISD Housing Market
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EMS ISD Housing Market
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EMS ISD ENROLLMENT GROWTH
Our Future:
- EMS ISD has gained
2,700+ new students in the past 5 years. EMS can expect 3,300 new students in the next 5 years — will result in 4 elementary schools, 2 middle schools & a new high school in coming years to accommodate growth.
- 2021-2022 student
enrollment = 22,950
- 2026-2027 student
enrollment = 26,565
- Estimated future build-out
= 40,000 students
Bryson Elementary Students
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EMS ISD ENROLLMENT GROWTH
Bond Proposal 2017
Process:
- Facilities assessment (currently)
- Bond Steering Committee — meetings begin in May
- Report to Board, Trustees consider calling election
- Possible referendum in November 2017
Key Considerations: Growth Capital Improvements Rebuild vs Remodel
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Continued Financial Stability
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CONTINUED FINANCIAL STABILITY
- Examine every phase of business operations
for efficiency & maximum benefits
- TASBO Purchasing Award of Merit
for excellence in business & reporting
- Geothermal heating at all campuses
- Maximum efficiency with lighting, utilities
- Evaluate staffing levels based on enrollment
- TRE passed in 2014 — could increase tax rate up to 13
cents but District remains conservative with no plans to raise taxes at this point
- Refunded $157.5 million in outstanding bonds, saving