Eanes ISD Eyes GO Package

Trustees in the Eanes Independent School District near Austin will meet tonight to discuss the size of a general obligation bond package that could go before voters in November.

Board members will consider a plan to remove a new elementary school or an indoor athletic facility from the project list. The cost of the bond measure is currently estimated at $125 million.

A survey of 409 voters in the district found more support for a bond proposal of $99 million or less. The survey was financed by the chairman of the bond advisory committee.

Eanes voters approved a $53 million school bond proposal in May 2006. The bonds were sold in August 2006.

The district’s $125 million of outstanding GO debt has unenhanced ratings of AA-plus from Standard & Poor’s and AA from Fitch Ratings.

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