On May 5, voters approved a $575 million bond referendum to build new schools, rebuild aging facilities, renovate and repair existing school facilities, and update technology and safety enhancements.
On July 24, Humble ISD sold $125 million in bonds to pay for the first portion of the plan.
- Firewall addition
- Data center upgrades
- District wireless full upgrade
The projects covered by the 2018 bond referendum will be undertaken from 2018 through completion. Some factors that impact the schedule are:
- how imminently critical the need;
- the volume and complexity of projects that can be effectively managed simultaneously;
- economies of scale that can be achieved by bundling similar projects when doing so maximizes resources and is practical;
- the amount of bonds that can be issued at one time without increasing Humble ISD’s tax rate;
- minimize interruptions to the campus environment.
Moody’s and Standard and Poor’s bond rating agencies assigned Aa1 and Aaa enhanced ratings, respectively, to Humble ISD bonds – ranking the district in the top three percent of school districts in Texas.