Education News

Fort Bend ISD Board Approves Holding Election on $992 Million Bond

The funds would be used for new construction, renovations and projects related to safety and transportation

The Fort Bend ISD Board of Trustees unanimously voted to call a November 6 election on a bond that would be worth almost $1 billion and would address needs such as new construction, safety and security, and renovations, as well as projects related to transportation and technology.

The Fort Bend ISD Board of Trustees unanimously voted Monday to call a November 6 election on a bond that would be worth almost $1 billion and would address needs such as construction, safety and security, and renovations, as well as projects related to transportation and technology.

The bond would specifically be worth $992.6 million and the development of the referendum follows an extensive Facilities Master Planning process that began in January of 2018, according to a news release from the school district.

The news release added the Facilities Master Planning process helped to identify construction projects and other life-cycle maintenance and adequacy needs essential for the next six years, and led to the development of an updated capital plan.

This capital plan also includes additional funding for safety and security, technology, and transportation needs.

Two-phase plan

The $992.6 million bond referendum will fund the first of a two-phase, six-year plan to address capital needs in the District, which is expected to serve more than 85,000 students by the year 2027.

Phase one includes the $992.6 million bond referendum, followed by a projected $705.2 million bond plan in 2021.

The $992.6 November 6, 2018 bond referendum includes:

  • $403.4 million for new construction, rebuilds and additions, including the construction of three elementary campuses, design of one middle school, construction of one high school, the rebuild of Lakeview Elementary and Meadows Elementary, and additions at Madden Elementary and Neill Elementary.
  • $396.5 million to address life-cycle deficiencies and educational adequacy across the District.
  • $14.9 million to fund safety and security upgrades and investments.
  • $10.6 million for transportation.
  • $142.6 million for technology.
  • $19.7 million for future land purchases.

If voters approve the bond, an immediate change in the tax rate of $1.32 wouldn’t be necessary, but a potential three cents increase may be needed during the duration of the three-year program, with the earliest increase not until 2020.

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