What is a Bond?

  • Bonds are sold by a school district to competing lenders to raise funds to pay for the costs of construction, renovations and equipment. Most school districts in Texas utilize bonds to finance renovations and new facilities. A bond is similar to a home mortgage. It is a contract to repay borrowed money with interest over time.
    Voters in Denton ISD passed two bond packages within the past 10 years that are providing our rapidly growing school district with buildings and renovations to benefit students, teachers and staff members.
    Development of the 2023 proposal involved an in-depth process of gathering information, research and community input. Throughout the fall of 2022, the district conducted a comprehensive facilities assessment, facilitated staff interviews, and analyzed demographic and growth reports. In September, the district solicited input from the Citizens’ Advisory Committee (CAC) — a group comprised of 72 community members and 14 students from a variety of geographic areas and backgrounds. CAC committee members met six times during a five-month period to study and prioritize the district’s current and long-term facility needs.

Bond & Project FAQs

  • What is a bond election?

  • How was the bond recommendation developed?

  • What is included in the bond?

  • Exactly how much is the proposed bond?

  • Will attendance boundaries change if the bond gets approved?

  • What size property does the district use for a school?

  • What will the design of the new schools look like?

  • What energy efficient projects are included in the bond?

  • What safety features will the new schools have?

Funding FAQs

  • If a bond election is passed by voters, will there be a change to the tax rate?

  • How can the district call a bond election with no increase to the tax rate?

  • If you’re not increasing the tax rate, does this mean the money is already available? Why are you having an election?

  • How can bond funds be used?

Voting FAQs

  • Who is eligible to vote in this election?

  • How do I know if I’m registered to vote?

  • Can I still register to vote in the election?

  • After I have registered, when will I receive my voter registration certificate?

  • Where can I vote?