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Bond FAQs

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What's the Plan?
Did you Know?
Student Opportunities
Bond FAQs
Who's Involved?

  

 


Denton ISD will Fund all of the projects with the current tax rate

 

2023 Bond Home 

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

Funding FAQs

Voting FAQs