School bonds offered to public
HUTTO — People proud of their Hippo heritage, or those who simply want to bank on the growth of the school district, now have the opportunity to invest in school bonds. The Hutto Independent School District has issued approximately $145,040,000 in Unlimited Tax School Building Bonds.
Superintendent Celina Estrada Thomas said the district is offering the bonds to the public because many Hutto school alumnae are proud of their school and want to play a part in the school’s future.
“We are thrilled to offer the Hutto community the opportunity to both support and invest in our school district,” said Estrada Thomas. “The bonds will greatly enhance our campuses and technology to better serve our students, faculty and staff for the future.”
Proceeds from the bonds will be used to finance five projects including development of new Hutto ISD facilities and reconstruction of existing infrastructure and technology, according to the district.
These bonds and their public offering come after Hutto ISD’s voters approved all three ballot propositions during the 2023 Bond Election held on May 6. The new bonds, which carry an “AAA” rating by S&P Global, will have maturities from 2024 to 2053 and will be sold in increments of $5,000.
The bonds are being sold by a number of investment companies. More information can be found on the district website, www.hipponation.org.
City enacts Stage 3 water restrictions
Hutto implemented Stage 3 water conservation efforts effective Monday, Aug. 21. This applies to everyone who receives their water from the City of Hutto. “Stage 3 Water Conservation Efforts apply to all City of Hutto water customers including residential, commercial, industrial and institutional, during a severe drought and are required and enforceable,” said a public notice from the City. Some Hutto homes and businesses receive water from Jonah Special Utilities District and others are under Manville Water Supply Corportation. Jonah customers are still under Stage 2 restrictions while Manville has been under Stage 3 since July 14. The different water supply companies have their own definitions of the different stages of water conservation. In Hutto, Stage 3 means outdoor watering can only be done on one day a week, before 10 a.m. or after 8 p.m. on the day assigned. For residences, this applies only to irrigation systems and sprinklers attached to hose. Watering by hand-held hose, drip irrigation and watering cans or buckets is still allowed on any day or time.
Properties that are watered by private well water do not fall under the conservation rules. School campuses, City Hall, the Co-op district and other properties may seem to be disregarding the conservation mandate with their watering schedules, but as well-water users they are exempt. All of the previous Stage 2 restrictions still apply under Stage 3. Customers can visit the following websites to learn more about the conservation guidelines which impact them.
• www.HuttoTx.gov/water • www.JonahWater.com • www.ManvilleWSC.org