What is a bond?

  • A bond is similar to a home mortgage. It is a contract to repay borrowed money with interest over time. 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.
     
    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.
     
    Denton ISD bond packages are formulated by a committee of community members and district staff who look at the needs of students and how they are impacted by the area's growing population. The committee doesn't just look at how new schools can offset population growth, however – improvements to current schools have been included in all modern Denton ISD bond packages. 
     

Bond History

  • Denton ISD has a history of planning for the future. In 1882, voters in Denton ISD approved its first bond package for $15,000 to finance the construction of Denton’s first public school. Since that time, there have been many voter-approved bond elections that have allowed the district to maintain its facilities and manage student enrollment growth by building new schools. The three most recent bond elections were in 2018, 2013, 2007, and with the potential for a new bond election in the upcoming years.

  • MAY 2018 BOND: $750.5M

    PROJECTS TO BE FUNDED BY 2018 BOND

    • Security Upgrades (all schools)
    • Middle School #9
    • Elementary School #25
    • Replacement School for Denton High School (at a new location)
    • Replacement School for Newton Rayzor Elementary
    • Replacement School for Wilson Elementary
    • Renovations at Strickland Middle
    • Relocation for Calhoun Middle (former Denton High)
    • Capital Improvements at 18 Campuses
    • Construction/Renovation of Transportation Facilities
    • Additions for Career & Technical Education Programs
    • Upgrades and Additions for Fine Arts
    • Upgrades and Additions for Athletics

    Braswell High School

  • New Denton High

    NOVEMBER 2013 BOND: $312M

    PROJECTS FUNDED BY 2013 BOND

    • Construction of Braswell High School
    • Construction of Bell Elementary School
    • Construction of Rodriguez Middle School
    • Construction of Guyer High School 9th Grade Expansion
    • Renovations
    • Energy Conservation Initiatives
    • Land Purchases

    NOVEMBER 2007 BOND: $282M

    PROJECTS FUNDED BY 2007 BOND

    • Construction of Blanton Elementary School
    • Construction of Cross Oaks Elementary School
    • Construction of Gonzalez School for Young Children
    • Construction of Myers Middle School
    • Renovations
    • Athletic Additions and Renovations at Denton and Ryan High Schools
    • Band Hall Additions at McMath and Strickland Middle Schools
    • Land Purchases