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Royse City ISD superintendent: new high school opening delayed as bond sales stall
Summary
Superintendent Amy Anderson told city and district leaders the district will not set an opening date for the bond‑funded high school because bond sales have not materialized; interior work is slowed to conserve cash while the district preserves completed exterior work.
Amy Anderson, superintendent of Royse City ISD, told a joint meeting with Fate city officials that the district cannot set an opening date for its new high school while bond sales remain stalled. "We are selling 0 dollars this year," Anderson said, explaining that the district has slowed interior construction to protect completed work and stretch cash on hand.
Anderson said the bond plan approved in 2023 assumed higher enrollment and bond sale proceeds; current enrollment and property tax growth have fallen short of those assumptions, forcing schedule adjustments. She told the room the district would reevaluate its timeline next spring once tax‑base growth and bond sale conditions were clearer.
Board and city officials asked how much of the project remains. Anderson said the portion remaining to finish the high school was "closer to 165,000,000". She added that the district had enough cash on hand to sustain a reduced‑pace construction program into early 2028, but warned that continued inability to sell bonds would require further schedule changes.
The superintendent stressed that the project is delayed, not paused, and said the district’s priority remains student safety and fiscal responsibility. She urged attendees to review a recent board work session that included presentations by the county appraisal district, the district’s financial advisor and other experts for more detailed background.
