Financial Health

News Release: 
BISD Board Approves $175M Bond - No Anticipated Tax Rate Increase

Brazosport ISD Trustees voted unanimously to move forward with a $175 million bond on the November election ballot. The bond proposal addresses the district’s aging facilities, as well as promotes better learning environments and attractive schools, adding curb appeal to help attract new families to our community.
The proposal replaces five elementary campuses and addresses renovations throughout the district. In addition, improvements are planned to increase “career ready” opportunities, improve the learning environment, address safety/security and technology needs, as well as addressing traffic flow. A complete list of the 2014 bond proposal can be found on the BISD website under District Information. If approved by voters, the bonds would be sold over the next 10 years as values grow through current planned industrial expansion. This means taxpayers should not see a tax rate increase throughout the life of the bond, instead this would allow new industrial value to fund the planned projects.

A board-appointed committee of 28 community members spent the past 6 months researching the needs of the district’s campuses and facilities. The committee spokesperson, Mr. Jim Martin, presented findings and recommendations to the Board during the last several board meetings. The Board then hosted two workshops for further discussions and to finalize the bond recommendations.

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