Bond Projects

BISD Bond Page

Bond News


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The Brazosport ISD community has approved three bonds......

What are bonds?

A bond is a debt instrument in which an investor loans money to the District. The proceeds from the bond are used to finance capital projects and other long term items. The District repays the principle of the bonds, along with interest, over a period of time. School districts can only sell bonds if authorization is received by voters.

Bond dollars are not part of the District’s operating budget; they cannot be spent on any initiative or program that is not explicitly identified in the bond proposition, such as teacher salaries.

Additionally, bond dollars are not subject to recapture. Recapture, or “Robin Hood” is a state law that requires BISD to send money to the state each fiscal year out of its operating budget—this year more than $30 million. Bond dollars are $1 for $1 investment in Brazosport ISD; the state can’t take bond dollars as part of recapture.
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