Bond Election May 6, 2023

Northwest ISD voters will consider a school bond proposal on May 6, 2023. If passed, the elected Board of Trustees will have the authority to sell bonds to pay for the construction and renovation of school facilities. A bond authorization specifies the amount of bonds the district is authorized to sell. Bond sales may occur over a period of time with the date and amount of each sale determined by the Board on an as-needed basis.

Bonds do not cost the district anything until they are sold. Even though the voters approve the bond issue, costs are not incurred until the bonds are sold. Based on conservative assumptions, NISD is able to issue these new bonds, if approved by voters, with only a 1/10th of a penny tax-rate increase.

The bond proposal will be presented as three separate propositions as required by law.