atlanta isd

ELECTION DAY IS TUESDAY, NOVEMBER 3, 2009!

General Information
The amount of the bond is $13,860,000, to be used to build a new main middle school building on the current site and renovate the existing west building.

Dates and Times for Voting
Early voting will be October 19-30 (Monday through Friday only) from 8 a.m. until 5 p.m. Locations for early voting will be the AISD Administration Office, 106 W. Main St., Atlanta, Texas and the Cass County Voting Building, 227 E. Rush, Linden, Texas. Election Day is Tuesday, November 3, 2009. Polling places on Election Day will be held at your regular voting location from 7 a.m. to 7 p.m. Cass County will be holding an election for statewide constitutional amendments only. AISD's bond will be at the END of the combined ballot.

Dates and Times for Voting

Early voting will be October 19-30 (Monday through Friday only) from 8 a.m. until 5 p.m.

Locations for early voting will be the AISD Administration Office, 106 W. Main St., Atlanta, Texas and the Cass County Voting Building, 227 E. Rush, Linden, Texas.

Election Day is Tuesday, November 3, 2009.

Polling places on Election Day will be held at your regular voting location from 7 a.m. to 7 p.m.

Cass County will be holding an election for statewide constitutional amendments only.

AISD's bond will be at the END of the combined ballot.

Tax Information
The tax rate to pay this debt will be 16 cents per $100 valuation beginning in 2010. Taxpayers age 65 and over who have filed for and been granted the "Over 65 Tax Freeze" will pay NO INCREASE in school taxes on their home as a result of this election. The average homestead taxable value in AISD is $65,142, resulting in an additional $8.69 per month if these bonds are approved. In 2009, AISD's tax rate decreased from $1.09 to $1.04, and if the bond passes, the tax rate will be $1.20 in 2010.

Tax Information

The tax rate to pay this debt will be 16 cents per $100 valuation beginning in 2010.

Taxpayers age 65 and over who have filed for and been granted the "Over 65 Tax Freeze" will pay NO INCREASE in school taxes on their home as a result of this election.

The average homestead taxable value in AISD is $65,142, resulting in an additional $8.69 per month if these bonds are approved.

In 2009, AISD's tax rate decreased from $1.09 to $1.04, and if the bond passes, the tax rate will be $1.20 in 2010.

Financial Information
Atlanta ISD was recently awarded their application into the Qualified School Construction Bond (QSCB) program, which allows for $5,735,000 of these bonds to be issued INTEREST-FREE for 15 years. The QSCB program is estimated to save AISD taxpayers more than $4,200,000 over traditional bond financing. The remaining bonds will be issued at the municipal market rate which is currently 4.85% for 25 years. After the first 15 years, the QSCB's and the traditional bonds will qualify for the state's Existing Debt Allotment (EDA) program. The EDA pays a portion of qualifying bonds and interest each year. In 2009, the Texas legislature made the EDA permanent, which means that all school bonds issued in Texas qualify for the program without waiting for legislative reauthorization.

Financial Information

Atlanta ISD was recently awarded their application into the Qualified School Construction Bond (QSCB) program, which allows for $5,735,000 of these bonds to be issued INTEREST-FREE for 15 years.

The QSCB program is estimated to save AISD taxpayers more than $4,200,000 over traditional bond financing.

The remaining bonds will be issued at the municipal market rate which is currently 4.85% for 25 years.

After the first 15 years, the QSCB's and the traditional bonds will qualify for the state's Existing Debt Allotment (EDA) program.

The EDA pays a portion of qualifying bonds and interest each year.

In 2009, the Texas legislature made the EDA permanent, which means that all school bonds issued in Texas qualify for the program without waiting for legislative reauthorization.

Board of Trustees	Administration
Joel Steger, President Ronnie Gipson, Vice President David Kennedy, Secretary Gus Schuhmann Lee Stanley Randall Thomason Joe Wall	Roger Hailey, Superintendent Sidney Harrist, Assistant Superintendent for Support Services Marilyn Cobb, Assistant Superintendent of Business Operations

Board of Trustees

Administration

Joel Steger, President

Ronnie Gipson, Vice President

David Kennedy, Secretary

Gus Schuhmann

Lee Stanley

Randall Thomason

Joe Wall

Roger Hailey, Superintendent

Sidney Harrist, Assistant Superintendent for Support Services

Marilyn Cobb, Assistant Superintendent of Business Operations

SAMPLE BALLOT
THE ISSUANCE OF BONDS IN THE AMOUNT OF $13,860,000 FOR THE CONSTRUCTION, ACQUISITION, AND EQUIPMENT FOR A MIDDLE SCHOOL FACILITY AND THE LEVYING OF A TAX IN PAYMENT THEREOF. [] FOR [] AGAINST

SAMPLE BALLOT

THE ISSUANCE OF BONDS IN THE AMOUNT OF $13,860,000 FOR THE CONSTRUCTION, ACQUISITION, AND EQUIPMENT FOR A MIDDLE SCHOOL FACILITY AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

[] FOR

[] AGAINST