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Bryan School Board Moves Forward With A $12 Million Dollar Bond Issue This May

The Bryan school board on Valentines Day approved holding a bond election May 4, asking voters to finance $12 million dollars of construction projects and purchases.

Nearly three-fourths of the money would go to campus repairs and improvements.

The rest of the money would pay for new buses and unidentified expenses related to the district’s career and technical education program.

BISD officials say the proposed bond issuance would be structured to amortize over a 10 year period and would not require a tax rate increase.

Click HERE to read and download a one page list of the proposed bond issue.

Click HERE to read and download the presentation to the Bryan school board.

Click HERE to read and download financial details of the proposed bond issue.

Screen shot listing the expenses of the Bryan school district’s proposed $12 million dollar bond issue.

Original story, posted 2/7/2019:

The Bryan school board will decide on Valentines Day whether to hold the first of two proposed bond issues.

During a board workshop, there was no opposition to ask voters for $12 million dollars this May. Superintendent Christie Whitbeck says it would go towards new roofs and other campus repairs, 22 school buses, and increasing security with new fences and video systems.

The school board’s consulting architect, Ron Bailey, provided a list of deferred maintenance items that includes an estimated $3.6 million dollars to replace the roof at Bryan High. Another roof replacements are targeted at the former administration building, which is now the district’s special education office.

Dr. Whitbeck says Bryan ISD voters would be asked next year to authorize up to $100 million in bonds to address long term building plans that are in the process of being identified.

Board members were told breaking up the bond issues would result in no increase in the BISD property tax rate.

Click HERE to read and download the presentation given at the February 4, 2019 Bryan school board meeting.

Click below to hear comments from architect Ron Bailey and BISD superintendent Christie Whitbeck.

Listen to “Bryan school board considering bond issues this year and next year” on Spreaker.

Short URL: http://wtaw.com/?p=129886

Posted by on Feb 14 2019. Filed under Featured Stories, Local News for Newsletter, News.
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