The details
According to district documents, the 7.13-acre parcel of land is located to the west of US 287 and to the south of CR 4651 near Newark, northeast of Fort Worth's city limits. The district purchased the land for $1.7 million.
The property will complete and make a contiguous boundary to the existing property owned by NISD on the west side of the district, the documents stated.
Diving in deeper
According to district documents, the land purchase was budgeted and funded out of the 2023 bond program.
Voters passed the $2 billion bond program May 6. The land acquisition was part of Proposition A of the bond.
According to a district website, components of the bond are as follows:
- Proposition A: $1.7 billion for educational facilities and capital improvements
- Proposition B: $302 million for home stadiums and field renovations
- Proposition C: $22 million for technology devices
NISD is the fastest-growing district in North Texas, the district website states. The district’s student population has grown significantly over the past 20 years from 6,177 in 2003 to 29,248 in 2023.
The district website states NISD grew by an average of more than 1,000 students per year for the past two decades. During the 2021-22 school year, the district added more than 2,500 students.
