Five Things to Know About the Lovejoy ISD Bond

Lovejoy ISD has called for its first bond election in more than a decade, asking voters for approval on capital improvement projects, campus safety initiatives, and classroom technology enhancements. The Allen Fairview Chamber of Commerce has endorsed the bond package, citing the importance of local schools for our region's economic attractiveness and workforce development. Here are five things you need to know before heading to the polls.

1. Community-Led Effort

The Lovejoy ISD bond package was developed by a community-based committee of 49 students, parents, and community members who met to study the instructional and operational facilities in Lovejoy ISD. After months of discussion, research, facility tours, and collaboration, the bond planning committee finalized their recommendation to the Board of Trustees.

2. Transparency

Lovejoy ISD has a full list of the proposed projects at every single campus/facility in the district on its website. You can view details of the bond proposal here.

3. Core Infrastructure, Not Fluff

More than 97% of the bond dollars are for capital improvements (i.e. plumbing, building renovations, improving security, new school buses, etc.) or in-class technology that directly benefits teachers and students.

4. Financial Stewardship

Lovejoy ISD has not called for a bond election in more than a decade. Since then, they have saved district taxpayers nearly $38 million through debt refinancing and early principal payments. The district tax rate is currently at a 20-year low, and will not increase if the bond measure passes. Lovejoy ISD tax rates will not increase if the bond measure passes, despite confusing state-mandated language that will be listed on each ballot proposition.

5. All Dollars Stay Local

Bond dollars are not subject to recapture by the State of Texas, ensuring all money approved by the voters stays in Lovejoy ISD for the benefit of local students, teachers, families, and community members. Bonds are the primary vehicle school districts use to fund capital improvement projects.

Early voting runs from April 22 through April 29, and Election Day is May 3. Voters can find polling locations on the Collin County Elections website.