The NISD Board of Trustees voted unanimously (7-0) Tuesday night to place a $992 million bond issue on the May 7 ballot.
The proposed bond, despite being the District’s largest, would have no associated tax rate increase.
The majority of the monies requested would go to improve existing schools with only one new elementary school in the proposal. More than half of NISD’s schools are over 20 years old, the oldest nearly 70 years old.
The call for the Bond election follows an extensive study and consideration by the 250-member District-wide Citizens’ Bond Committee. The committee, composed of parents, senior citizens, students, business representatives, taxpayers, teachers, and other staff, met for several weeks in the fall to discuss the needs of the district as well as initiatives to improve NISD’s aging schools. The Committee endorsed the recommendation to call for an election.
In addition to addressing aging schools and infrastructure, other highlights of the bond include enhancing career & technical education programs, expanding middle school magnet opportunities, and improving technology and safety & security across the District.
The major elements of the proposal are:
|
New Schools |
$ 45,000,000 |
|
Renovations/Reconstruction/Upgrades |
$645,500,000 |
|
Infrastructure |
$207,300,000 |
|
Roofing/Waterproofing |
$ 37,100,000 |
|
Safety & Security |
$ 18,100,000 |
|
Technology |
$ 14,000,000 |
|
Transportation |
$ 15,000,000 |
|
Bond Issuance & Management |
$10,000,000 |
|
TOTAL |
$992,000,000 |
A more detailed proposal will be posted to nisd.net.
Northside’s last bond issue was approved by voters in 2018.