May 18, 2024

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Bond election results: All billion-plus bond deals pass

4 min read
Bond election results: All billion-plus bond deals pass

As usual, voters approved the lion’s share of bond issuances put before them.

Charlotte-Mecklenburg School, North Carolina, voters approved the request for $2.5 billion of bonds for capital projects.

Harris County Hospital District, Texas, also won voter approval to sell $2.5 billion of bonds. Prosper Independent School District voters approved three of four bond propositions: $2.44 billion for upgrading existing facilities and building new schools, $140 million for technology, and $125 million for a performing arts center, but rejected a request for $102.4 million that would have funded construction of athletic facilities, including an 8,000-seat stadium.

Conroe ISD voters appear to have approved Proposition A, providing $1.8 billion of bonds for new schools and additions to current facilities, Proposition B, which provides $40 million of bonds for technology, and Proposition C, which gives the district $112.8 million of bonds for physical education classrooms. Voters appear to have narrowly rejected a $22.9 million bond vote for a pool.

Aldine ISD voters said yes to $1.6 billion building bonds, $122.3 million for an events center, and $67.5 million for technology. Midland ISD voters agreed to the issuance of $1.36 billion of bonds for two new high schools and middle school renovations.

Hurst-Euless-Bedford ISD voters appear to have approved $979.3 million of bonds for school buildings, according to reports. Eagle Mountain-Saginaw ISD approved $540.9 million for buildings and $20.2 million for technology, but rejected bonds for a $51 million pool and $47 million for improving its athletic building.

Lewisville ISD voters granted approval to sell $960.58 million of bonds for maintenance, repair and renovation and $69.6 million for technology. But voters in the district turned down requests for $131.82 million for construction of athletic facilities, $31.4 million for maintenance of athletic facilities, $20 million for football stadium maintenance and renovations and $16.25 for aquatics center maintenance and renovations.

Williamson County voters agreed to spend $825 million for a road project and $59 million for parks.

Goose Creek Consolidate ISD, Texas, voters approved $342.3 million for buildings, and rejected $24 million for a stadium and $20 million for technology. Longview ISD voters rejected $291.89 million for safety. College Station ISD voters approved $284.975 million for improvements and $14.145 million for technology. Travis County voters approved $276.44 million for parks and $233.06 for roads. Clear Creek ISD voters appear to have approved $265 million for building upgrades and $37 million for technology.

It appears $16.3 billion of bonds for Legacy Municipal Management District were approved, according to unofficial results. The district had four propositions on the ballot, $5.699 billion to provide refunding for roads; $4.075 billion to provide refunding for water, wastewater and drainage system facilities, $3.799 billion for roads and $2.717 billion for water, wastewater and drainage system facilities.

Morningstar Ranch MUD #2 appears to have received approval for $807 million for refunding water, sewer and drainage, $573.75 million for refunding for roads, $538 million for water, sewer and drainage, and $382.5 million for roads, in unofficial results.

Katy ISD voters seem to have approved $722.99 million of bonds to buy school sites and $83.57 million for technology, while rejecting $29.88 million for athletic facility repair and $4.2 million for swimming facilities.

In Phoenix, voters approved four bond resolutions: $214 million to fund fire, police, roadway and pedestrian infrastructure projects, $114.4 million for economic development, $108.6 million for libraries and parks, and $63 million for affordable housing. Surprise, Arizona, voters appear to have approved $100 million in bonding: $66 million for traffic safety and $34 million for public safety facilities. Phoenix Union High School District #210 voters approved $475 million for school safety. Agua Fria UHSD #216 voters appear to have narrowly passed $197 million for school improvements.

Mesa USD #4 voters rejected a request for $500 million of bonds for capital improvements. Osborn ESD #8 voters approved $100 million in bonds for a performance facility. Tolleson ESD #17 voters approved $125 million for school improvements. Liberty ESD #25 voters nixed plans for $97.4 million for school construction and renovations. Kyrene ESD #28 voters approved $161 million for school improvements.

Madison ESD #38 voters agreed to sell $105 million of bonds to fund safety modernization. Gilbert USD #41 rejected a request for $100 million for renovations. Paradise Valley USD #69 won approval to sell $340 million for construction and technology. Litchfield ESD #79 voters rejected $100 million for security upgrades. Pendergast ESD #92 voters narrowly approved $100 million for improvements in unofficial results. Queen Creek USD #95 turned down $98 million for capital improvements. Deer Valley USD #97 voters nixed $325 million for safety and technology. Tucson USD #1 voters approved $480 million for school improvements.

Douglas County, Colorado, SD #RE-1 voters were rejecting $484 million of bonds in unofficial results.

Beaufort County SD, South Carolina, voters approved $439 million to modernize buildings.

Fairfax County, Virgina, Public Schools voters approved $435 million of bonds for school renovation.

Ector County ISD, Texas, voters approved $424.26 million of bonds for schools and buses. Collin County voters approved $380 million for roads and $261.86 million for justice facilities.

Polk County, Iowa, voters approved $350 million for a terminal at Des Moines International Airport.

Grand Rapids, Michigan, Public School voters approved $305 million of bonds for school improvement. Howell Public School voters approved $258 million for elementary schools. West Ottawa Public Schools won the right to issue $237 million for capital improvements.

South Kitsap SD #402, Washington, voters seem to have rejected the $271 million the district requested to improve school facilities.

More to come.