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Information On YISD IFA Bond Election

Election Day May 8, 2010

Early voting April 26 – May 4

Quick Facts

The Instructional Facilities Allotment, or IFA, program gives school districts state assistance in repaying bonds so taxpayers do not cover the entire cost. The state would cover 57% and taxpayers would cover 43%.

If the IFA bond proposal passes, YISD must apply for these state funds. If YISD does not receive the funds, taxpayers will not be held accountable because the bond program simply would not happen.

If the bond program does occur, there will be no tax rate increase for taxpayers age 65 and over. (Note: senior citizens must request this status to qualify)

If the bond program does occur, the tax rate on a home valued at $100,000 would increase by $4.47 a month.

YISD IFA Bond Proposals

HVAC: refrigerated air conditioning and energy management $59 million

Middle and high school science renovations $15 million

Two new schools $48 million

High school renovations $25 million

ADA compliance issues $13 million

Learn more about the IFA Bond Election at these Town Hall Meetings

Monday, April 26 Eastwood Town Hall Meeting 5:30-7:00 p.m.

Tuesday, April 27 Hanks Town Hall Meeting 5:30-7:00 p.m.

Wednesday, April 28 Riverside Town Hall Meeting 5:30-7:00 p.m.

Thursday, April 29 Bel Air Town Hall Meeting 5:30-7:00 p.m.

Monday, May 3 Del Valle Town Hall Meeting 5:30-7:00 p.m.

Early voting will be available at the above locations from 4:30-7:30 p.m.

Saturday, May 1 Ysleta Town Hall Meeting 10:00 a.m.-11:30 a.m.

Tuesday, May 4 Parkland Town Hall Meeting 5:30-7:00 p.m.

Early voting will be available at the above location from 5:30-7:00 p.m.

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