New Braunfels Independent School District trustees decided last week to ask voters to approve a $45.3 million bond package at an election in November.
The district said it would use $37.7 million of the proceeds to build a new middle school that would eventually become the Comal County district’s second high school. It would help reduce overcrowding at New Braunfels High School, which is at 103% of its capacity, with more than 2,070 students.
The proposed bonds would also provide $5.2 million for improvements at other district facilities and $2.2 million for a new transportation building.
The district’s outstanding debt is rated AA-minus by Fitch Ratings and Standard & Poor’s.
