Population and Survey Analysts has been active with several school districts that have had successful bond elections this past year. Of the last bond referendums in Texas – which occurred in November, 2011 — 16 passed and 13 failed, a 55% passage rate.
During the last year of the “Boom Era” — 2007 — 82% of the 233 total Texas bond elections had passed. This past year (in the May and November bond elections of 2011), there were 79 elections for a total of over $3.95 billion…hardly comparable to the over $14.6 billion in 2007 – before the economic downturn.
Of the five biggest bond elections in Texas during this past November, PASA prepared the student projections for three – Mansfield I.S.D., Lake Travis I.S.D. and Lamar C.I.S.D. PASA placed a strong emphasis on the difference between current capacities and future enrollment. With successful bond referendums, these districts have the ability to open new facilities in key high-growth locations and to replace their oldest schools.