We were happy to learn the other day from an alert reader that the Ysleta Independent School District had received a commitment $212.5 million from the state of Texas that will relieve half of the $430 million in debt that the voters approved in their last bond election.
That is great news for us locally.
From a story aired by KVIA TV:
“It’s a $430.5 million bond. But in terms of the burden to our community it’s a $215.25 million bond and that’s all they are being asked to pay for because the state is paying for the other half,” De La Torre said.
We thank the board and staff of YISD.
The district sold half of the allowed bonds in 2016.
What we did not hear from either the YISD superintendent or board president was that the district will not issue the other half of the bonds.
Do they plan to take the $215 million from the state and add it to the voter approved amount?
From our viewpoint the right thing to do is not to issue the other half. If they need more money they should ask the voters again.
Is that too much to hope for?
We deserve better