ANOTHER
Capitan School Bond Election
$22,000,000 - August 15, 2017
   For Less Than 500 Students in the Entire School (K-12)!   

 
      Back to Home Page
      Bond Overview
 Link to documents & detail pages below: 
Property Tax Increases?   
      What Will the Bond be Used For?
How Many Students Will Benefit?
Can Residents Afford the New Debt?
Prior Bonds
Bond Limits, Structuring & Expenses  
Voting Dates & Eligibility
Capitan School District Boundaries
Bond Proclamation
School Board Links
Want to Discuss the Bond?
 (Info@CapitanSchoolBond.com)

 
 
PLEASE VOTE NO!
 
There is a disconnect between the tax-paying community
and the Capitan Municipal School Board.
 
These bonds pay for buildings, NOT our children's education.
 
 
What the School Board hasn't told the taxpayers:
 
 
• 
If the taxable value of your property is $175,000, your property taxes will increase by over $400 per year and will remain higher than today for over 20 years.  
 
• 
Recent enrollment averages have declined nearly 6%, to 481 students, since the highs of 2008-2012.  
 
• 
Taxpayers will pay over $2,700 per year, for each and every student, every year, for 23 years, if K-12 enrollment averages remain constant at 481 students per year.  
 
• 
The total payments for the proposed series of bonds is over $30,000,000. That's more than $8,000,000 in interest that will not benefit our children's actual education.  
 
• 
A student, who graduates from Capitan High School in 2018 and raises children here, will still be paying for this debt until after his or her children graduate from the High School.  
 
   
 
Did you know?
 
• 
The School Board says taxpayers in the Capitan School District aren't paying a high enough tax rate, because our property taxes are lower than some other communities, but they don't consider that:
   
° 
There are approximately 4000 District residents, and less than 500 are students enrolled in Capitan schools (K-12).  
   
° 
33% of District households have incomes under $30,000 per year, and nearly 70% have incomes under $60,000 per year.  
  
• 
Even though over 60% of the District's voters have a mailing address OUTSIDE of Capitan, the Superintendent's recent newsletter (that included information about the school bond election) was INITIALLY mailed only to Capitan addresses. It would appear that District leaders wanted to stop bond information from reaching the majority of District voters and taxpayers. After the initial mailing limits were revealed, a broader mailing was made.
 

 
 
This is NOT about the kids!
 
 
The School Administration and Board's vision for their own legacy
appears to have out-weighed their concern for the District's taxpayers.
 
 

 
 
Protect our children's future and the District's financial security.
 
 
PLEASE VOTE NO!
 

  www.CapitanSchoolBond.com