The Magnolia ISD board of trustees approved calling a $232 million bond election for the November ballot during a regular meeting Aug. 8, the district's first bond since 2015.
Superintendent Todd Stephens said the bond package consists of two propositions, with Proposition A totaling $228 million and Proposition B totaling $4 million. Voters will get to weigh in on both propositions in November.
Although the bond will increase the voter approved debt, Assistant Superintendent of Operations Erich Morris said during the meeting the bond will not increase the tax rate—which trustees proposed decreasing 4 cents for the upcoming fiscal year during the Aug. 8 meeting regardless of the bond's passage.
Proposition A includes a ninth elementary school costing $41 million, a third middle school costing $66 million, a third junior high costing $85 million, $10 million toward land for future schools and $2 million towards safety and security, according to the meeting presentation. According to previous reporting, Stephens recommended adding the $2 million toward safety and security in light of the Uvalde school shooting.













