September 8, 2025

Why do we issue debt in order to maintain district building and property?

The district issues bonds to fund building upgrades that cannot be support by the General Fund or the Sinking Fund revenues alone. Bond funding allows students to benefit from safe and updated spaces. This phased approach has already delivered substantial improvements since voters approved the 2019 bond proposal.

  • The district has over 1.55 million square feet of classroom and office space in 18 facilities. In addition, we have 467 acres of land. Through the General Fund and Sinking Fund alone, we do not have the resources to support maintaining or improving these buildings. 
  • The November 4, 2025 Bond Proposal would authorize bonds to address long-identified facility needs: HVAC upgrades for elementary schools, modern learning spaces, enhanced safety, and increased access to technology and transportation. These physical improvements directly impact the long-term educational environment and student experience, even though the funds cannot be used for operating expenses.
  • The district's phased facilities plan has already generated substantial improvements since the 2019 bond proposal. This plan allows bonds to be issued in series, and if approved, bonds issued as part of the 2025 Bond Proposal would also be issued in series to continue this progress.