Trustees of the Georgetown Independent School District are proceeding cautiously with plans for a two-phase construction schedule that could require an election in November to approve nearly $82 million in general obligation bonds, followed by a $20 million debt package in 2007.
Trustees of the district some 30 miles north of Austin have not specified the exact size of either phase of the improvement program. School officials said both proposals would probably be trimmed before final plans are presented to voters.
Georgetown trustees are wary because voters in two neighboring districts in Williamson County rejected recent school bond proposals.
Voters in the Round Rock ISD rejected a $349 million bond package in March, and Liberty Hill ISD voters turned down a $65 million proposition for a new school and football stadium in May.
The Georgetown ISDs board will meet on July 11 with the districts financial advisers to consider the impact the bonds would have on the tax rate. A week later, a citizens committee is to be appointed to determine which projects are vital and which can be deferred.
The proposed first phase includes major renovations to existing campuses, a new athletic stadium, and a new ninth-grade center expected to eventually become Georgetowns second high school.
Enrollment at the 8,700-student district increased by nearly 3% this year.
