Program

Voters approved a $1.6 billion bond referendum on November 3, 2015. The district’s 2015 Bond Program began with the first sale of bonds in February 2016 and included $100 million for technology improvements to campuses. Under the leadership and supervision of the Construction Services Department, the $1.6 billion was used to improve and build District facilities. The 2015 Program included plans to construct five new schools, including one high school and four elementary schools. In addition, the program will construct twelve additions to existing schools, including six high schools, one middle school, and five elementary schools. The program also included renovations and improvements to 113 existing District facilities including roofs, HVAC, building envelope, interior improvements, site improvements, exterior façade improvements, plumbing, technology, gyms, locker rooms, libraries, science labs, cafeterias, auditoriums, performing arts, fine arts, athletic facilities, and administration areas in schools.

In June 2017, the district issued $4,405,000 in interest free “Qualified Zone Academy Bonds, Taxable Series 2017”. The district sold the bonds by private placement at par. Proceeds were used for technology upgrades, equipment, and software. The $4,405,000 principal is due in a bullet maturity on February 15, 2027.