ABILENE, Texas - The Abilene Chamber of Commerce's Board of Directors approved a resolution Wednesday backing the Abilene Independent School District's $87.7 million bond issue on the Nov. 5 general election ballot.
The bond package calls for building three new elementary schools on existing campuses and converting Jane Long Elementary into an Early Childhood Center.
In addition, the chamber is supporting Texas State Proposition 6, which provides $2 billion to help fund the State of Texas Water Plan approved by the state water board.
"Our organization feels both of these issues are extremely critical to the long-term economic health of Abilene and the entire Big Country," said Jason Smith, president of the Abilene Chamber of Commerce. ‘Through its endorsement of these issues, the chamber board is sending a strong message to its members and the business community at large that we must invest in key infrastructure in order to thrive in the new economy.
"Without a doubt, if we don't have a good supply of quality workers and a stable supply of water, we won't be able to compete for new jobs."
On the $92,659 average value home in Abilene ISD, the tax hike to fuel the school bond would be an estimated $48.40 per year.
In a news release, the chamber stated the higher tax rate "still keeps Abilene in the middle or lower half of most rates in comparable Texas communities, according to data released by AISD."