Hays Consolidated ISD is considering $60 million bond package.

December 16, 2013

Hays Consolidated ISD is considering $60 million bond package.

Is it prudent?  Hays CISD is almost a half billion dollars in debt — over $497 million as of August 2012.   With just less than 16,000 students, this District spends only 46% of the total expenditures on instruction.  And the Superintendent makes over $195,000 annually, not including benefits.

Is this bond election necessary?  Will more money help?  It will make taxpayers poorer – and will put more debt and higher spending on the backs of future taxpayers.

Texans have the second highest per capita local debt in the country – second only to New York.

We will be following the Hays ISD school board and be reporting more on that and other proposed bond packages.

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