Latest School Bonds Worth $2.7 billion
• El Paso ISD approved a $668.7 million bond in order to close nine schools and
consolidate the schools into rebuilt campuses.
• San Antonio ISD approved a $450 million bond to perform renovations on thirteen aging
• Spring ISD passed a $330 million bond referendum which includes proposals for the construction of three ninth-grade centers and two middle schools.
• Midlothian ISD approved a $268 million bond to be used on the construction of new schools to accommodate projected population growth.
• Pearland ISD passed a $220 million dollar bond including a $35 million dollar expansion of Dawson High School and additions to both Turner High School and Pearland High School.
• Corpus Christi ISD approved a $194 million bond in order to conduct renovations to convert four middle schools into two campuses.
• Whitehouse ISD passed a $94.79 million bond this past November for the construction of a new junior high, a new elementary school and additions to its existing high school.
• Azle ISD passed a $59.5 million bond package to construct two new elementary schools.
• Smithville ISD approved a $35 million school bond to build a new junior high, construct a new athletic complex and perform renovations on existing facilities.
• Gladewater ISD approved a $35 million bond election. $27 million will go to the construction of a new middle school while the remaining amount will go to renovations of the existing Weldon Intermediate School.
• Groom ISD approved a $19.5 million bond for facility renovations.
While these bidding opportunities demonstrate Texans’ vote of confidence in increased educational infrastructure, it is important to remember the policies put in place to maintain that trust such as the amended disclosure requirements, enacted this past year, under Texas Local Government Code §176. Transparency is key throughout the bidding process while seeking to contract with any school district in Texas and continues long after a contract is awarded.
For more information on this topic, including the new disclosure requirements and their impact on gifts and benefits reporting, please contact Katy Baird at 713.850.4255 or via email.