How to Plan a Bond Program (Source: Facilities Management Journal)
By Kyle LeBlanc
As one of the fastest growing school districts in the state of Texas, the New Caney Independent School District (ISD) knew that a decision had to be made — they could begin planning for the rising student population or be forced into a reactive mode in the operations, management and planning for their facility portfolio.
In 2016, New Caney ISD commissioned a demographic study that analyzed student locations, potential growth based on new housing, trends occurring in student relocation patterns and other economic factors relevant to the district. The demographics study, conducted by Population and Survey Analysts, projected an annual growth of more than five percent on average over the next 10 years. Moderate enrollment projections anticipated growth by more than 50 percent by the year 2025.
