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Heads up, Texas taxpayers: we’ve reviewed the upcoming ELECTRA ISD agenda and found 3 items that deserve your attention before the gavel falls.
| WATCH (LEVEL 5) |
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Solar Project Lacks Financial Details
The Superintendent will provide an update on a ‘Solar Project’ under Item 10.c. While potentially saving money, these projects can also involve costly long-term contracts or debt that may not provide a net benefit to taxpayers if not properly vetted.
Response
DEMAND THE DETAILS: Contact the board and ask for the full financial analysis of the Solar Project under Item 10.c. Ask: ‘What is the total cost, how is it being financed, and what are the projected savings for taxpayers over the life of the project?’
💰 Impact: Undisclosed Long-Term Costs
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| WATCH (LEVEL 4) |
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Financial Advisor Presentation May Signal Future Debt
Live Oak Financial Services is presenting to the board under Item 6. These presentations often precede proposals for new debt, such as bonds or Certificates of Obligation, which can increase the tax burden on property owners without direct voter approval.
Response
DEMAND THE DETAILS: Contact the District Office to request that the presentation materials from Live Oak Financial Services be posted online before the meeting. Ask the board: ‘What future projects are being considered that would require new debt?’
💰 Impact: Future Taxpayer Debt
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| WATCH (LEVEL 4) |
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Architect Presentation Hints at Future Construction Bonds
Under Item 7, BWA Architects is presenting to the board, which typically indicates planning for new construction or major renovations. Taxpayers should be aware that these plans often lead to multi-million dollar bond proposals that increase property taxes for decades.
Response
ASK THE HARD QUESTIONS: Contact the District Office and ask for the architect’s presentation materials for Item 7. Ask the board during public comment: ‘What is the scope of the projects being discussed, and what is the estimated cost to taxpayers?’
💰 Impact: Future Bond Debt
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