Bond 2024

• Traffic Improvements
• Safety and Security Improvements
• Instructional Technology Replacement
• Playground Replacements
• New Main Entry
• Interior Renovations
• Life Cycle Finishes Replacement
• HVAC System Replacement

• Traffic Improvements
• Safety and Security Improvements
• Instructional Technology Replacement
• Gym Addition
• New Main Entry
• Interior Renovations
• Life Cycle Finishes Replacement
• HVAC System Replacement

School districts must ask voters for permission to sell bonds to investors to raise money for capital projects, such as construction, renovations/repair of school buildings and purchasing new school buses. Without voter approval, the school district cannot move forward. Additionally, bond dollars cannot be used for salaries, employee benefits or operating costs by state law.

Election day will be Saturday, May 4, 2024. Early voting will begin April 22 and ends on April 30. The last day to register to vote is April 4.

The total cost of the 2024 Bond is projected at $161,500,000 with no tax rate increase.

The new elementary school will go behind H-E-B off Old Granbury Rd and Peck Rd. Granbury ISD currently owns this property.

Renovations will take place at nine Granbury ISD campuses. Those schools include all six elementary schools: Acton, Baccus, Brawner, Emma Roberson, Mambrino, and Oak Woods Elementaries. Renovations would also happen with Acton and Granbury Middle Schools and Granbury High School. The schools will receive HVAC replacements, interior modernizations, traffic flow adjustments, safety and security enhancements, more.

A new north transportation center, central transportation fuel tank replacement, 30 new school buses to help alleviate traffic. Safety and security enhancements, implementation of additional instructional technology and more.

Registered voters that reside within Granbury ISD zoning will be able to vote on one proposition: the Bond – totaling $161.5M.

Granbury ISD controls the school tax rate, GISD does not control your property taxes. GISD’s school tax rate has been among the lowest in the region for multiple years.

The tax increase clause is required by law because issuing new debt extends payments over a longer period of time. So while the projects in the bond can be completed with no tax rate increase, taxpayers will be helping Granbury ISD pay off those bonds for a longer period of time.

Property appraisals have increased within the district, but the increase in funding to GISD’s General Fund (as a result of increased property values) largely goes back to the state. In 2023, Granbury ISD sent over 11 million local tax dollars back to the state in recapture. That’s because when local tax revenues increase, the state decreases the amount of school funding it sends to districts – cancelling the gains. Bond dollars for capital purchases (projects) also stay local and are not subject to recapture. Those dollars will go directly to the projects outlined.

Unfortunately, GISD’s needs haven’t gone away, and they won’t go away as demographers project our continued growth. The district listened to the voters. We have regrouped, listened to community feedback, and restructured a new bond package with the absolute bare necessities. Bonds are the only way in which school districts can raise the millions of dollars it takes to build new facilities. GISD is not alone, this is the statewide funding mechanism. The longer we wait the more expensive projects gets.

Visit votetexas.gov for a variety of voter resources, including registration instructions, sample ballots and polling locations.