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Manor ISD leaders say district is financially stable but eye Nov. 2026 bond to fix $100M in deferred maintenance
Summary
At a board community engagement night, district leaders presented budget figures showing a small operating gap, detailed roughly $100 million in deferred maintenance, described a failed November 2025 bond and said trustees are considering a targeted Nov. 2026 bond with new outreach to rebuild trust.
MANOR, Texas — Manor ISD leaders told residents at a board community engagement night that the district is "financially stable" but still faces a shortfall that will probably require a future bond election to address major building repairs.
"We are financially stable," said the superintendent (speaker 2), who told attendees the district is projected to expend "roughly about $101,000,000 for this fiscal year" while revenues for the next year are expected at "just over $100,000,000," leaving a gap the administration is working to close. He highlighted the district's AA3 Moody's rating and an "A First" fiscal rating from the Texas Education Agency as indicators of relative fiscal health.
Why it matters: Operating funds in Texas cannot be used for capital projects, the superintendent said, so routine operating budgets cannot fix major…
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