La Porte Bond 2023

Frequently Asked Questions

VOTE EARLY Apr 24May 2

What is a bond?

A bond is like a home mortgage. It is a contract to repay borrowed money with interest over time. Bonds are sold by a school district to competing lenders to raise funds to pay for the costs of construction, renovations, and equipment. Most school districts in Texas utilize bonds to finance renovations and the construction of new facilities.

How can bonds be used?

Bond funds can be used to pay for new buildings, additions and renovations to existing facilities, athletic structures, land acquisition, technology infrastructure and equipment for new or existing buildings. Bonds cannot be used for salaries or operating costs such as utility bills, supplies, building maintenance, fuel, and insurance.

When was the last bond?

La Porte ISD’s last bond was in 2014 for $260,000,000. Before that, the last bond was in 2005 for $203,108,000. Historically, each bond has been set up to support 8-10 years of facility and district needs.

Who was involved in exploring a bond election?

The district began exploring the idea of a bond election nearly two years ago with district and campus teams outlining needs. Since then, third party experts have conducted facility assessments, surveys, and financial reviews. LPISD then put together an advisory committee comprised of local community members, business leaders, parents, and staff. The committee has met several times and is continuing to meet to evaluate and prioritize the district’s current and future needs.

How will you share more information about the bond?

Moving forward with a bond election, La Porte ISD has a duty to inform our entire community on the specifics of the bond, the projects included, and how it will impact taxpayers, but more importantly, how it will impact our students. The district hosted public meetings for anyone in the community to attend, presented information at each campus, and continues to share details via its bond website and social media, mail, and news outlets, to name a few.

If you want to make sure you are receiving information or have suggestions on how better to reach our community at large, please let us know using this email address: info@lpisd.org. It’s important that our community members be fully educated on the whole bond process and fully empowered to vote how they see fit.