Official Ballot LanguageOfficial Bond Page
Refinancing of the 2013 maintenance tax note; saves approximately $10M in interest and frees approximately $100M for operations.
What This Funds
Official purpose: Refinancing of the 2013 maintenance tax note; saves approximately $10M in interest and frees approximately $100M for operations.
Refinancing of the 2013 maintenance tax note to achieve ~$10M in interest savings and free ~$100M for general operations. Does not authorize new spending.
This is a refinancing proposition, not new spending — effectively a debt restructuring that benefits taxpayers regardless of position on the other three propositions.
Who Benefits
All DISD taxpayers benefit from reduced interest costs. The refinancing frees approximately $100M for district operations without new spending authorization.
Accountability & Conditions
Straightforward debt management that saves taxpayer money and improves operational flexibility.