Tuesday, February 18, 2014

Bond Project Update - 2/18/2014




In May 2013, the Lorena citizens voted to pass a $22.9 million bond for renovations and additions to all four LISD campuses.  Once the requirements for selling bonds were met, the bonds generated $22.06 million. At the time of sale the bond market rates had changed, resulting in an $840,000 shortfall. This shortage was taken proportionally from each of the campus projects.  For more information, see the details provided here.

In Lorena ISD our primary focus is our students. These facility decisions, like every other decision we make, are made with students’ success and well-being in mind. Working within the financial parameters, we want to provide facilities that enrich the students’ academic as well as co-curricular and extracurricular experiences.

The projects are in various stages of planning and/or completion. For a full update on the status of each project, please click here.

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