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Liberty Hill ISD plans fall–winter bond sale to finish Saddleback Elementary, fund transportation facility
Summary
Finance staff told trustees they expect a fall–winter bond sale prioritizing $40M to finish Saddleback Elementary, a refunding to preserve the I&S rate at $0.50, roughly $14.72M for a transportation facility and renovations on existing campuses; trustees asked for numeric backup for remaining authorization.
Miss Stone and district finance staff outlined priorities for a planned fall–winter bond sale: about $40,000,000 to complete Saddleback Elementary, a refunding to restructure debt so the district can maintain the $0.50 I&S rate, and approximately $14,720,000 to finish the transportation facility approved in a prior bond program. "Those will be the 4 priorities that we address this fall," Miss Stone said.
Trustees asked for clarification of remaining bond-authority figures and slide details; Miss Stone reported that voters had approved $471,000,000 in bonds previously and described the amount left to sell, but some slide numbers in the transcript were unclearly transcribed and the finance team agreed to provide precise backup to the board for adoption planning.
