AISD debates $892 million bond

AISD debates $892 million bond

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It's the largest amount of money ever proposed for an Austin Independent School District bond...nearly 900 million dollars.

Austin Independent School District is debating a bond that totals to more than $892 million.

For taxpayers it translates to paying about $70 more annually in property taxes.

There are three scenarios for the board to consider, with choices between four, five and six propositions. All three add up to $892,245,000.

Thirty community members signed up to speak at tonight's meeting, that's the max amount allowed. So many people showed up a line actually formed outside the building.

"I'm speaking at this board meeting as a strong supporter of this bond issues, especially for our students. Passage of this bond will add facilities and equipment for the fine arts department of all schools in AISD," said Patsy Griffith, in favor of the bond.

"The voters don't have to just do one vote for all $892 million. They can say well, if we divide it up...if they want to not support any of the options, or they want to support all, if gives them the options to do that," said Board of Trustees President Vince Torres.

The board is set to approve one of the bond scenarios and put it to a vote on May 11.

Also on the schedule tonight, board members will take action on approving a timeline to develop options regarding Eastside Memorial High School. The Texas Education Agency gave AISD three choices; close down the campus, return to the contract with idea charter schools, or turn the campus over to another district or non-profit charter group.

 

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