Local school board calls $18 million bond election
For the first time since 2008, the Troy School Board has called a bond to election.
The district’s voters will decide in May whether to OK an $18.45 million bond issue to pay for improvements and expansion to accommodate a growing enrollment.
The school board “came up with a plan, and that plan was vetted to community based parents, staff members, and community leaders," to create more classroom space as enrollment continues to rise, Superintendent Neil Jeter said.
In addition to classroom expansion, proceeds from the bond issue would also fund improvements to entrances of Troy's high school and elementary school.
The district says the owner of a $100,000 home would see an increase $15.61 monthly increase in taxes.
The district is growing as more families move in and Assistant Superintendent Dr. Darrell Becker says he thinks the completion of the expansion of I-35 through Troy will cause enrollment to grow even more in coming years.
"The completion of I-35 will be a driver for continued expansion of home sites within the area,” he said.
“We think there will be people looking to purchase homes in the area which means more students," he said.
Early voting runs from April 22 through April 30 at the Troy ISD Administration Building at 205 North Waco Rd.
The election is on May 4.