District contact information:
Rick Herrin, Director of Communications
817-821-1320
817-441-8327, ext 1025
“Bond 2019,” Aledo ISD https://www.aledoisd.org/domain/1871

Recent News Articles

What is a bond?

A bond is essentially an IOU. Instead of going to a bank to get a loan, like an individual might do, governments can issue bonds to raise money for specific projects. An investor buys a bond on the understanding that they will be paid back, in full and with interest, on a set date (limited by law to 40 years). In most cases, governments must seek voter approval to issue a bond.

Aledo Propositions

PROPOSITION A

What will the bond package pay for?

The bond proposal would pay for the following projects:

  • Middle School No. 2, Old Weatherford Road: New grade-level academic wings, opening Fall 2022 ($62,501,000)
  • Aledo Middle School expansion: New grade-level academic wings, new library, fine arts wing, cafeteria space, and field house; opening Fall 2022 ($33,446,000)
  • Elementary School No. 6, FM5 in Annetta: New grade-level academic wings, opening Fall 2021 ($35,858,000)
  • McAnally Intermediate, renovation to elementary school: New grade-level academic wings, additional classrooms; opening Fall 2022 ($9,611,000)
  • Vandagriff, renovation to Early Childhood Campus: Pre-Kindergarten, preschool program for children with disabilities, daycare for Aledo ISD employees; opening Fall 2022 ($1,709,000)
  • Coder Elementary, Stuard Elementary, McCall Elementary: furniture replacement to support Aledo ISD Instructional Focus ($1,800,000)
  • Land for future school sites ($4,525,000)
  • School buses ($500,000)
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