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Liberty Hill ISD

Building Champions in Academics, Character, and Community

Bond FAQs

Bond FAQs

Bond FAQs

  • School districts are required by state law to ask voters for permission to sell bonds to investors to raise the capital dollars required for projects such as renovations of existing buildings or building a new school.

    Essentially, voters are permitting the District to take out a loan and pay that loan back over an extended period of time, much like a family takes out a mortgage loan for their home.

    A school board calls a bond election so voters can decide whether or not they want to pay for proposed capital projects. School boards then have the authority to sell bonds when the capital projects are needed.

  • Bond funds can be used to pay for new buildings, additions and renovations to existing buildings, land acquisition, technology, buses, and equipment, among other items. By law, bond funds may not be used to fund daily operating expenses, such as salaries or utilities, which are paid for out of the district’s Maintenance & Operation (M&O) budget.

  • Homeowners borrow money in the form of a mortgage to finance the purchase of a home. A school district borrows money in the form of bonds to finance new schools and renovation projects. Both are repaid over time, but for a school district to sell bonds (borrow money), it must go to the voters for approval. By law, bond funds may not be used to fund daily operating expenses or salaries. Bond funds may only be used for the projects described.

  • The public school funding formula in Texas only provides funds for the day-to-day operations of school districts. 

    Funds are not provided in the state formula for larger maintenance and capital expenditures, so school districts use bonds as the primary source of funds to construct, maintain, and upgrade facilities, and purchase capital equipment.

  • Texas law prohibits public school districts from using bond funds for compensation increases or teacher salaries.

Other FAQs

  • Liberty Hill is one of the fastest-growing school districts in Texas. Families are attracted to our district because of our commitment to academic excellence and our award-winning athletic and fine arts programs.

    The district is projected to enroll over 13,000 students by 2027 and over 18,600 students by 2032. Professional demographic firm, Zonda Demographics, ranked Liberty Hill ISD as the third fastest-growing school district in Austin, behind Leander ISD and Georgetown ISD. The district had nearly 2,600 new home starts last year and closings on nearly 2,100 homes. The district boasts nearly 2,000 vacant developed lots and over 10,500 future vacant developed lots to build on.

    Over the last five years, new home sales in Liberty Hill have increased significantly, making LHISD a fast-growth district.

    In less than 10 years, the district is projected to exceed 18,000 students.

  • Anyone who is a registered voter and lives within the Liberty Hill ISD district boundaries is eligible to vote in this election. 

    Voter registration applications are available in most government buildings and are available at all LHISD campuses.

  • To see if you’re registered, visit:

    https://teamrv-mvp.sos.texas.gov/MVP/mvp.do

  • You can register to vote here:

    • www.wilco.org/Departments/Elections/Voter-Registration/Register-to-Vote