Makes financial sense for high schoolers!

A lot of people have asked if it makes financial sense to vote for the Alvin ISD Bond Election. Let's analyze this from the perspective of a high school student required to travel from West Pearland to Manvel High vs Alvin High School #3 (right here in west Pearland).

Mileage Expenses (driving to Manvel High School):

Number of trips per day:	2
Distance (miles) per trip:	12
Distance (miles) per day:	24
Mileage of average car (mpg):	25
Gallons required per day:	0.96
Cost per gallon ($):	$   3.2
Cost per day ($):	$   3.0
Cost per month (20 days) for average student:	$   60

Incremental property taxes (with new Alvin High School #3):

Average value of property in west Pearland:	$   225k
Annual property tax increase due to Alvin ISD School Bond 2013: (11.22c per $100)	$   252

Break Even Point for a west Pearland student =  $  252 / $ 60   =   4.2 months

This means that in 4.2 months, the average student will recover the incremental property taxes by reducing his/her mileage expenses to/fro their home and school.

This does not even include other tangible benefits such as:

• Shorter drive time
• More time to study
• Newer facility with more resources available for students
• Better student/teacher ratios

For other families,

• For families with 2 children in high school, the break even point is 2.1 months 
• For a high school student that makes 2 trips to the school every day, the break even point is 2.1 months.