The sale of $400 million in bond funds was approved by the district’s board of trustees during a Jan. 22 meeting. This covers $232 million from the district’s 2019 bond program, while $168 million will go toward three propositions from the 2023 bond package.
The $400 million in bond funds includes:
- $232 million from the 2019 bond election
- $153 million for Proposition A
- $10 million for Proposition B
- $5 million for Proposition D
Prosper ISD voters approved a $2.7 billion bond package for the district in November 2023. Voters approved three propositions— A, B and D. Proposition C, which would have provided for a new athletics stadium, was not approved by voters.
- Proposition A includes $2.4 billion for building new schools, buying land for school sites and purchasing buses.
- Proposition B includes $140 million to upgrade technology and provide new devices for students, teachers and district staff.
- Proposition D utilizes $125 million to build a performing arts center.
The issued funds will be used for building or purchasing:
- Elementary schools No. 18, 19 and 20
- Middle schools No. 5, 6 and 7
- High school No. 4
- Campus additions at two middle schools
- Technology devices
- Land
- Buses
- Administration building
- Technology infrastructure
- Safety and security upgrades
