School districts are required by state law to ask voters for permission to sell bonds to investors in order to raise the capital dollars required for projects such as renovation to existing buildings or building a new school. Essentially, the voters are giving permission for the District to take out a loan and pay that loan back over an extended period of time, much like a family takes out a mortgage loan for their home. A school board calls a bond election so voters can decide whether or not they want to pay for proposed facility projects. School boards then have the authority to sell bonds when facilities are needed.

Bond funds can be used to pay for new buildings, additions and renovations to existing facilities, land acquisition, technology infrastructure and equipment for new or existing buildings. Bonds cannot be used for salaries or operating costs such as utility bills, supplies, building maintenance, fuel and insurance.

If voters approve Bond 2023, high school #2 is projected open in August of 2027. The district has already begun work to design and program the school to expedite the process. Construction on large comprehensive high schools can take up to 4 years to complete. 

If the 2023 Bond Referendum fails, the district will continue to purchase portable buildings for classrooms using existing budgets or fund balance. Construction of high school #2 and other new schools cannot begin without voter consent.

Royse City ISD is projected to grow by 800 to 1,000 students per year. Enrollment as of January 2022 is 8,600 and the district is expected to exceed 15,000 students by 2030. Demographic reports show that 16,000 future residential lots exist within the boundaries of Royse City ISD. Additionally, Royse City ISD is in the Top 10 ISD's in the DFW area for annual home closings. 

No. Royse City ISD's tax rate of $1.4429 will not change as a result of this election. Royse City ISD does not control the value of your home. The graph below show's Royse City ISD's measures to lower the property tax rate by more than 22 cents since 2018. 

Thousands of new homes and increases in commercial development will increase Royse City ISD's property tax base and fund Bond 2023 projects without any increase to your tax rate.  

A diverse committee of students, parents, grandparents, community members and staff convened in Fall 2022 to study enrollment trends and facilities. The Bond Steering Committee considered demographics, housing forecasts, and district finances as they prepared the bond components. The committee's final recommendation was presented to the Royse City ISD School Board in December of 2022. On January 12, 2023, the board unanimously approved their recommendations and called for a school bond election.