Bonds

As usual, voters approved the lion’s share of bond issuances put before them.

Charlotte-Mecklenburg School, North Carolina, voters approved the request for $2.5 billion of bonds for capital projects.

Harris County Hospital District, Texas, also won voter approval to sell $2.5 billion of bonds. Prosper Independent School District voters approved three of four bond propositions: $2.44 billion for upgrading existing facilities and building new schools, $140 million for technology, and $125 million for a performing arts center, but rejected a request for $102.4 million that would have funded construction of athletic facilities, including an 8,000-seat stadium.

Conroe ISD voters appear to have approved Proposition A, providing $1.8 billion of bonds for new schools and additions to current facilities, Proposition B, which provides $40 million of bonds for technology, and Proposition C, which gives the district $112.8 million of bonds for physical education classrooms. Voters appear to have narrowly rejected a $22.9 million bond vote for a pool.

Aldine ISD voters said yes to $1.6 billion building bonds, $122.3 million for an events center, and $67.5 million for technology. Midland ISD voters agreed to the issuance of $1.36 billion of bonds for two new high schools and middle school renovations.

Hurst-Euless-Bedford ISD voters appear to have approved $979.3 million of bonds for school buildings, according to reports. Eagle Mountain-Saginaw ISD approved $540.9 million for buildings and $20.2 million for technology, but rejected bonds for a $51 million pool and $47 million for improving its athletic building.

Lewisville ISD voters granted approval to sell $960.58 million of bonds for maintenance, repair and renovation and $69.6 million for technology. But voters in the district turned down requests for $131.82 million for construction of athletic facilities, $31.4 million for maintenance of athletic facilities, $20 million for football stadium maintenance and renovations and $16.25 for aquatics center maintenance and renovations.

Williamson County voters agreed to spend $825 million for a road project and $59 million for parks.

It appears $16.3 billion of bonds for Legacy Municipal Management District were approved, according to unofficial results. The district had four propositions on the ballot, $5.699 billion to provide refunding for roads; $4.075 billion to provide refunding for water, wastewater and drainage system facilities, $3.799 billion for roads and $2.717 billion for water, wastewater and drainage system facilities.

Morningstar Ranch MUD #2 appears to have received approval for $807 million for refunding water, sewer and drainage, $573.75 million for refunding for roads, $538 million for water, sewer and drainage, and $382.5 million for roads, in unofficial results.

More to come.

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