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Bond 2020

1 day ago

Welcome to the 2020 Proposed Bond Information Page.

On February 4th the Christoval ISD School Board unanimously voted to call for a May 2nd Bond Election. The bond would pay for classroom and cafeteria additions at the Elementary and also the STEM II instructional learning facility addition to the existing Ag shop.

In 2019, Texas state legislators reformed school funding. In doing this Christoval ISD is able to retire existing debt early. Since we now have the opportunity to retire existing debt, we wanted to see what bond amount we could go for without increasing our $1.21 tax rate. Our financial advisors, Hilltop Securities, came back to us with a very conservative $5,770,000. With the recent drop of interest rates, this number has become even more conservative.

Please visit the links provided for more detailed information about the proposed bond.

Thank you, 
Christoval ISD Board of Trustees