Zooming In
Coppell ISD residents have "priority in purchasing" the bonds, the release said. Residents with existing brokerage accounts with any of the bond co-managers—BOK Financial, Frost or Huntington Capital—can place a call with their account to place the order. For other interested residents, the Raymond James Trading Desk is available to take orders at 214-692-9866.
When a bond is passed in a school district, the district can then sell the bond to third parties—in this case, Coppell ISD residents—to help pay for the costs of construction, renovations and equipment. If for some reason the school district cannot pay back the residents, the state will.
Interested residents have until July 10 to place an order, district officials said.
Zooming out
All four propositions making up the bond package passed on election day in May: 3,981 voted in favor of Proposition A; 3,983 voted in favor of Proposition B; 3,240 voted in favor of Proposition C; and 3,373 voted in favor of Proposition D. The four propositions range from $2.93 million to $269.5 million.
A closer look
The bond addresses renovations at all CISD campuses as well as safety and security investments throughout the district, improvements to Coppell High School’s tennis center, technology upgrades and more.
- Proposition A, which is $269.58 million, will address priority condition improvements at all CISD campuses. New playgrounds and playground shading would be built at 10 elementary schools. Nine of the 11 elementary schools would receive an interior refresh, which includes new flooring and painting. The proposition also includes safety and security features at all schools and buildings. A portion of the safety and security budget would go toward new door hardware and locks for all classrooms, which would enable teachers to lock doors from the inside.
- Proposition B, which is $39.47 million, includes upgrades to district technology and life cycle replacements of student and staff devices. Campuses would also receive Wi-Fi improvements, and audiovisual upgrades and replacements.
- Proposition C is $2.93 million and focuses on Buddy Echols Field at Coppell High School. The facility would receive turf and track life cycle replacements as well as seat backs for spectators.
- Proposition D is $9.52 million and targets life cycle turf replacement for Coppell High School’s field house. The tennis center would also receive improvements and a locker room expansion.
The last CISD bond passed in 2016, with the goal of that $249 million package to address the district’s rapid growth—achieved by building three new campuses and expanding existing ones. The 2023 bond targets improvements to CISD’s aging facilities, as 43% of the schools are over 30 years old, according to district data.
