BLOOMFIELD — The Bloomfield School District's board of education on Tuesday approved a limited update to its five-year master plan.

The move comes as oil and gas tax valuation has dropped, affecting the district's finances.

The board approved a $708,000 plan for the 2013-2014 school year. The plan focuses on managing the district's facilities and infrastructure using the money available from 2 mill capital outlay fund.

Homeowners in the Bloomfield School District saw about a $2.40 increase per $1,000 net taxable value of a home. The new annual rate is about $11.30, up from about $8.91 last year.

If a home is valued at $150,000, $50,000 would be taxable, creating a $119.80 increase. At this rate, the homeowner pays $565.15 in property taxes on school district debt.

"We find ourselves in a position where we don't do any construction for four or five years," said Gary Giron, the district's director of finance and operations.

The work the plan covers includes facility upkeep like installing fences and re-striping parking lots at Bloomfield High, bleacher repair at Blanco Elementary and installation of motion detectors at the Bloomfield Early Childhood Center.

During a work session before the meeting, Marilyn Strube with Greer Stafford/SJCF Architecture, spoke about the work the Albuquerque-based firm performed in updating the plan.

Strube spoke about the district's enrollment trends, conditions of district schools and possible future bonding ability.

The inability to host a bond election for capital projects has limited needed work at Central Primary Elementary and Mesa Alta Junior High School

Superintendent Joe Rasor said the age of a classroom wing at Central Primary and all of the Mesa Alta buildings are concerns.

"We're a little bit worried about maintaining the buildings," Rasor said. "We're a little worried, but we'll do OK."

Rasor described one wing of classrooms at Central Primary as "historic," having been built in the late 1950s or early 1960s. Mesa Alta was built in the early 1960s.

Both schools were built with high ceilings and have aging infrastructure, including a lack of insulation and old windows.

"Basically, it's outdated and ready to be replaced," Rasor said.

Joshua Kellogg covers education for The Daily Times. He can be reached at 505-564-4627 and jkellogg@daily-times.com. Follow him @jkelloggdt on Twitter.