Voters in 39 school districts will be casting ballots in bond referendums until the polls close on November 3, 2015. The total proposed amount in school district bond referendums in November 2015 is nearly $6.4 billion. To view the amounts per school district, click on the link below.
http://tasbo2015.wix.com/financeintexas#!november-2015-bond-election-results/uhksc
Who do districts issue debt?
There are a variety of needs that may require the funding provided by bonds, but they will primarily fit into one of four categories:
- High Growth/Fast Growth School Districts
- Stable or Manageable Growth but Aging Facilities
- Expiring Life Cycle of Major Plant – Major Repairs Needed
- Significant Equipment Needs, such as Buses and Technology
To read more on “Why do districts issue debt?” click on the link below.
http://www.tasbo.org/personifymainorgsite/resource/finance/bonds