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Royse City ISD pauses new high school project after bond tranche fails to sell
Summary
Royse City ISD superintendent told a joint city‑district meeting that the district could not sell a required $35 million bond tranche, putting the Worthy Fates high school on an "indefinite pause" and slowing construction to preserve interior work while awaiting financing.
Royse City ISD Superintendent Dr. Anderson announced at a joint meeting with the city that the district is pausing major interior work on the Worthy Fates high school after failing to sell a $35,000,000 bond tranche needed to fund the next phase of construction. "We are on an indefinite pause," Dr. Anderson said, noting the district has reduced construction spending from about $5 million per month to $1–2 million per month to preserve materials and limit costs.
Dr. Anderson said the district's bond timeline relied on selling at least $35 million in 2026 and that a recent negative growth in assessed value and enrollment made that sale infeasible. She described the district's approach as preserving exterior work now so the interior can be finished later when financing is available. The superintendent emphasized the pause is fiscal and temporary: "Someday, it will be a shining beacon in our community," she said, while adding that no reopening date is being set until funds can be secured.
