Texas is a large state, so political trends are hard to track in hundreds of school districts. However, the results of the May bond election suggest that a significant portion of voters are still motivated by the same heightened distrust of the Texas public school system they expressed in November.

Also, regardless of voter motives, the May bond election may have set a new record for the amount of debt on the ballots.

Bonds are a debt that local governments ask voters for permission to borrow, often to finance construction projects. School districts request bonds more than other local governments, well ahead of cities, counties and housing districts.

Voters tend to approve most bonds on the ballot. However, the November 2021 election was the first in a decade together when voters rejected most school district bonds in November, even handing over most city and county bonds. Concerns about critical race theory and transparency may have contributed to these results.

Voters have fallen in price by just three bonds, not allowing these results to be repeated this month, passing a small majority of the proposed bonds. Of the total 205 bonds on the ballot, 104 were moved and 101 were smashed, according to the Bond Review Board.

Again, voters seemed particularly disapproving of school bonds compared to bonds of other local governments.

However, despite the fact that the share of school bonds was small, their price tag exceeded the cost of school bonds that failed. On May 7, voters approved more than $ 10 billion in school district debt, rejecting about $ 6 billion.

This May’s bulletin contained an unusually large number of school district bonds, almost double the number of bonds in last year’s May ballots. School districts across Texas have not offered as many bonds in a single election since at least 2015.

Following the lull in the midst of COVID-19, school districts have sharply increased bond offerings in 2021 and 2022.

Many Texas school districts also held school board elections on May 7. These races tended to favor candidates who promised transparency, thrift and opposition to diversity measures, indicating that voters retain momentum in November.

Source by [author_name]

Previous articlePalo Alto Networks (PANW) revenue for the third quarter of 2022
Next articleApple is questioning employees of the World Trade Center store, says the CWA