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GISD board approves $151.7M bond election and selects Stantec Architecture for 2023 program

August 22, 2023 | GRANBURY ISD, School Districts, Texas


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GISD board approves $151.7M bond election and selects Stantec Architecture for 2023 program
The Granbury Independent School District (GISD) Board Meeting on August 21, 2023, focused on significant upcoming elections and the approval of a bond program aimed at enhancing school facilities. The meeting highlighted the launch of a new GISD election website, which will provide comprehensive information regarding the upcoming tax rate election (VATRE) and a bond election totaling $151.7 million.

Ryan Cox, a key member of the leadership team, is spearheading the website's launch, which will include frequently asked questions and a platform for community members to submit inquiries. The board emphasized the importance of transparency and community engagement in the decision-making process regarding educational funding.

During the meeting, board members clarified that while the tax rate for debt service will remain unchanged, the overall tax burden will increase due to rising district debt. This distinction is crucial as it will be presented on the ballot, prompting discussions about community support for educational initiatives.

The board unanimously approved a motion to call for a special election to secure funding for acquiring, constructing, renovating, and equipping school facilities. This decision reflects the board's commitment to involving the community in shaping the future of GISD.

Additionally, the board approved a joint elections contract with surrounding counties for the upcoming elections scheduled for November 7, 2023. This contract includes provisions for the VATRE and bond propositions, as well as school board trustee elections.

The meeting also saw the selection of Stantec Architecture as the most qualified firm to manage the 2023 bond program. The firm has a history of collaboration with GISD and is expected to provide valuable services in line with Texas government regulations.

Lastly, the board discussed the declaration of surplus property located at 2900 Acton School Road, initiating steps for potential future sale. This property, deemed unnecessary for district operations, will undergo appraisal and public bidding processes, ensuring that any sale aligns with the district's financial interests.

Overall, the meeting underscored GISD's proactive approach to securing funding for educational improvements while fostering community involvement and transparency in the electoral process.

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