The Board of Trustees of the Denton Independent School District has called for a $312 million bond package to present to voters on Nov. 5.
The bond package addresses growth, facility improvements and energy conservation.
In the six years since the last bond election, Denton ISD’s enrollment has grown by almost 28 percent – from 20,892 to 26,677. That’s enough students to fill four elementary schools, one middle school and one high school, school officials said.
The total cost of the bond package is $17.6 million less than the projected cost of $329.6 million because the district was able to save that amount from the $282 million bond package that was approved by voters in 2007, according to school officials.
The bond package includes a new high school, two new elementary schools, a new middle school, ninth grade addition to Guyer High School, renovations to existing schools, energy conservation Improvements to existing schools, and land acquisition.
The current debt service rate is 49 cents per $100 valuation. The district anticipates that the tax rate would increase by one cent per $100 valuation, but the actual increase will depend on future student enrollment and future growth in the district’s tax base.
Denton ISD includes more than 180 square miles. The boundaries stretch south to FM 1171 in Flower Mound, east to FM 1385 near Collin County, north to just below Lake Ray Roberts and west beyond Denton Regional Airport.
Bond package breakdown:
• Fourth comprehensive high school – $149.6 million
• Middle school No. 8 – $48.2 million
• Ninth Grade Addition to Guyer High School – $49.9 million
• Elementary school No. 23 – $23.2 million
• Elementary School No. 24 – $27.7 million
• Renovations to existing schools – $11.4 million
• Improvements for energy conservation – $1.6 million
• Land acquisitions – $18 million
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