Boerne ISD Sets Bond Vote

Voters in the Boerne Independent School District will decide Nov. 8 on a three-part, $87.8 million general obligation bond package set for election last week by district trustees.

A citizens bond advisory committee had recommended a $94.5 million bond request.

Voters approved a $99.9 million bond package in 2004.

District officials said passage of the bonds would not require a tax increase.

The Boerne school system is located 25 miles north of San Antonio and has about 6,800 students.

The ISD’s $128 million of outstanding GO debt is rated Aa2 by Moody’s Investors Service and A-plus by Standard & Poor’s. The debt is enhanced to triple-A through coverage by the Texas Permanent School Fund.

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Texas
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