Tag Archives: surplus

HISD Board of Education approves plan to use bond surplus funds to address outstanding bond campus and district needs

The Houston Independent School District Board of Education on Thursday approved a plan allowing nearly $99.1 million in forecasted bond surplus to be used for outstanding needs at bond campuses across the district.

About $20.3 million of the projected surplus comes from addition and renovation projects, while about $52 million comes from new school projects. Another $12 million in surplus comes from districtwide projects and $14.8 million from construction contingency.

Continue reading