Bond History
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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 four most recent bond elections were in 2023, 2018, 2013, 2007, and with the potential for a new bond election in the upcoming years.