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Arlington ISD says most 2019 bond projects are in construction, expects closeout by 2027
Summary
Facilities staff reported that most 2019 bond projects have moved into construction or closeout, that another $40 million was recently expended on facility work, and that the district expects to finish remaining projects and close the bond program by August 2027.
Kelly Horn, presenting an update on the 2019 bond program, told trustees that most projects have moved into construction and closeout and that staff expects to wrap up remaining schedules by August 2027. Horn highlighted recent activity—including mobilization at Bowie and Seguin campuses and demolition at Cravens and Wildman—and said the district expended another $40,000,000 on the facilities side in recent weeks.
Horn also noted an expected arbitrage or interest earnings liability in the $38 million to $40 million range and that several recent bids came in under budget. He walked trustees through a phased schedule: phase 1 projects (including Bowie and Seguin) are under construction, Martin and Gillespie are in closeout, and other projects are moving into bidding and design. Horn said smaller projects remain in design and will be staged for bidding to avoid flooding the market. He also noted that the state's change to the HUB designation (moving to a 'vet hub') will affect ongoing HUB reporting for new projects; the district will continue to monitor HUB participation on existing contracts through closeout.
Why it matters: the update signals steady progress on voter-approved capital work and underscores remaining financial considerations (arbitrage, closeout timing). Trustees asked questions about HUB reporting and local participation; staff said they will continue to encourage local and minority contractors to participate where feasible.
Sources: presentation by Kelly Horn during the April 9 meeting.
